BT Group delivered a mixed set of annual results on Thursday, with falling revenues offset by stronger profits, improved customer trends and an expanded long-term cost-saving programme.
RNS Hotlist with Zak Mir: BT.A, IES, BUCE, TUN, MKA, ZIN, BMIN, ROAD, SKA, NTVO, HDD, BHL & GSCU
Reuters: BT Group (BT.A) revenue slightly misses on international and handset declines. UK telecom provider’s fiscal year revenue declined 3%, slightly missing analyst expectations. Adjusted EBITDA was flat year-on-year and slightly
BT Tower to be Converted into Hotel Following Sale for £275 Million
The BT Tower, a prominent feature of London’s skyline, has been purchased from the telecommunications giant by MCR Hotels for £275 million.
BT’s earnings soar following significant increase in broadband charges due to inflation.
BT’s profits soared after implementing a 14% hike in prices for its broadband and mobile services, affecting millions of customers.
BT defends price increases in response to Which labelling them as “outrageous”.
BT Group PLC (LSE: BT.A) has stood by its recent increases in broadband and mobile prices following criticism from the consumer advocacy group Which? who labelled the hikes as “outrageous”.