Topic: BT adds broadband users, profit up 20%

[Simon]

BT Retail added 141,000 broadband subscribers, a day after rival Virgin Media announced losses of 12,000.

There were 231,000 net additions to BT's total DSL and LLU network, of which BT Retail's own share was 141,000. Including news customers on Virgin's cable network, that gave BT Retail a 59% share of new UK broadband customers, its highest yet.

However, while the ISP said its super-fast fibre broadband network now covered five million homes and businesses, the number of customers actually using it was still only 200,000 - despite trebling in the past six months.

BT said its overall revenue slid 5% to £4.8 billion, but profit was up 20% to £533 million. Despite making operational savings, CEO Ian Livingston said BT was still "investing in the future of the business".

Read more: http://www.pcpro.co.uk/news/broadband/368947/bt-adds-broadband-users-profit-up-20

[Rik]

I really believe everything IL says. 

[Simon]

I thought you were on first name terms. 

[Rik]

We are, I just don't believe a word he says.

[Simon]