BT Ireland revenues for the half year ended 30 September were broadly flat, the company reported today. Derry has become the first city to have all cabinets upgraded to fibre and BT’s fibre network in the Republic of Ireland is now operational.
Globally, BT revenues were up 3pc to stg£9.6bn for the half year. BT delivered a profit before tax of stg£1.1bn, up 17pc on last year.
“We expect to continue to offset the economic headwinds through improved customer service and processes, better efficiency and investment in the future of the business,” CEO Ian Livingston said.
“This strategy and our financial results allow us to invest when others are merely talking about it. We are accelerating our fibre roll-out programme to cover two-thirds of the UK by the end of 2014 – one year earlier than planned and creating 520 new jobs.
“With the already announced government support, we believe there is the potential for fibre-based services to reach more than 90pc of the UK within a few years thereafter."
BT in Ireland
BT Ireland revenue, excluding foreign exchange movements, was broadly flat.
BT Ireland’s fibre rollout in Northern Ireland has now reached around three-quarters coverage, with almost 600,000 premises passed and Derry has become the first city within UK territory to have all cabinets upgraded to fibre.
BT said its fibre-based transmission network in the Republic of Ireland is now operational with its first corporate customer.