BT’s income ‘better than expected’
BT has reported better than expected earnings for the second quarter as the telecoms giant continues to attract customers following its acquisition of EE.
The group said adjusted revenue rose 1.1 per cent to £6billion while pre-tax profit grew 24 per cent to £873million.
BT added 63,000 new customers in the quarter, while EE saw numbers rise by 280,000.
Chief executive Gavin Patterson said: “This is a positive set of results, both operationally and financially, and we remain on track to achieve our full year outlook.
“We’ve made good progress on the integration of EE and the delivery of our synergy targets.”