Record fibre demand and cost savings helps BT shore up earnings
21/05/2026 07:18
LONDON, May 21 (Reuters) - BT, Britain's biggest broadband and mobile company, said it added 2.2 million fibre connections in the year to end-March, helping it offset pricing pressure and weakness in its international unit to deliver flat core earnings. The company on Thursday met market expectations with a 3% drop in revenue to £19.7 billion ($26.46 billion) and flat core earnings of £8.2 billion, with the latter also boosted by cost savings. ($1 = 0.7445 pounds) (Reporting by Paul Sandle; editing by Sarah Young) ((paul.sandle@thomsonreuters.com; +44 20 7542 6843; Reuters Messaging: paul.sandle.thomsonreuters.com@reuters.net))