Broadband News

BT Group publish years preliminary results

BT has published its financial results for the last quarter, and the last financial year. They show facts such as a reduction in net debt of £639 million, leaving £7,786 million owed. The biggest shift is the continued growth in the number of broadband (ADSL) users, BT Wholesale now have over 5 million connections, growing by 825,000 connections in the last quarter. This level of growth is a new high for a quarter, and reflects both the continued enabling of exchanges, plus the shift from dial-up to broadband connections.

The full results can be read over on the BT website here.

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