Results for the second quarter and half year to 30 September 2011

Results for the second quarter and half year to 30 September 2011

ID: 83725

BT Group plc (BT.L) today announces its results for the second quarter and half year to 30 September 2011


(PresseBox) - Ian Livingston, Chief Executive, commenting on the results, said:
"We have increased cash flow, profits and underlying revenue2 in the quarter. This progress has been supplemented with positive operational performances in most of our businesses. We achieved a market leading 63% share of broadband net additions and another quarter of growth in fixed lines.
"We expect to continue to offset the economic headwinds through improved customer service and processes, better efficiency, and investment in the future of the business. This strategy and our financial results allow us to invest when others are merely talking about it. We are accelerating our fibre roll-out programme to cover two-thirds of the UK by the end of 2014 - one year earlier than planned and creating 520 new jobs. With the already announced government support, we believe there is the potential for fibre-based services to reach more than 90% of the UK within a few years thereafter.
"We are also investing across the world and have announced a programme to double our business in key Latin American countries in addition to our expansion in the Asia Pacific region announced last year.
"Our performance in the quarter reinforces but does not change our outlook for the year."



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Bereitgestellt von Benutzer: PresseBox
Datum: 03.11.2011 - 13:22 Uhr
Sprache: Deutsch
News-ID 83725
Anzahl Zeichen: 1441

contact information:
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München



Kategorie:

Financial Services & Insurance



Diese Pressemitteilung wurde bisher 204 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Results for the second quarter and half year to 30 September 2011"
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