BT Group latest results published
The second quarter and half year results for the BT Group have now been published, and can be read at www.btplc.com.
Some of the key figures for those of us in the broadband world are:
- Broadband had 626,000 net additions in the last quarter, 25% of this with BT Retail
- Total number of broadband users stood at 9.3 million on 30th September 2006
- BT Retail had 3 million broadband customers at the end of September 2006
- 838,000 LLU lines at the end of September 2006
- 4 million Wholesale line rental lines
- BT Retail has 250,000 Home Hub units installed.
The 21st Century Network is close to going live in the Cardiff area, with the first customers being migrated across at the end of November 2006. The work has involved the installation of nine new fibre rings with a total length of 2100 kilometres. The results mention the recent contract signing by Vodafone with BT Wholesale, but does not reveal any more information other than product details will be announced shortly.
Generally it looks like the BT Group is continuing its transition to a broadband future, with new wave services like broadband and IT services making up 35% of the groups overall business. The Retail arm has seen a dip its share of the market, which continues to show that consumers are becoming more aware that ADSL is available from over 100 broadband providers. Though a lot of this may well be down to the low cost offers from Sky and Carphone Warehouse.