{"id":37346,"date":"2023-02-02T16:02:36","date_gmt":"2023-02-02T16:02:36","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2023\/02\/02\/bt-revenues-drop-3-percent-touts-growing-fiber-network-the-register\/"},"modified":"2023-02-02T16:03:35","modified_gmt":"2023-02-02T16:03:35","slug":"bt-revenues-drop-3-percent-touts-growing-fiber-network-the-register","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2023\/02\/02\/bt-revenues-drop-3-percent-touts-growing-fiber-network-the-register\/","title":{"rendered":"BT revenues drop 3 percent, touts growing fiber network \u2022 The Register"},"content":{"rendered":"

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BT Group is leaning into its fiber rollout and cost-cutting to stability the books amid a 3 % drop in income for its Q3 ended 31 December.<\/p>\n

The UK’s former state-owned telecom biz reported income of \u00a35.2 billion ($6.4 billion) for 3 months of its fiscal 2023, down from \u00a35.3 billion ($6.5 billion) in the identical interval final 12 months.<\/p>\n

CEO Philip Jansen stated the corporate continues to “speed up our investments within the UK’s main next-generation networks” and that BT is “going additional on slicing prices to ship \u00a33 billion in annualized financial savings by the top of FY25.”<\/p>\n

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