BT posts record FTTP growth

BT Group reported a 3% year-on-year decline in total revenue for its fiscal third quarter of 2022, falling from £5.37 billion to £5.21bn.

Results for the nine months to 31 December 2022 showed a 1% decrease in revenue to £15.6bn, as price increases and improved trading in Openreach and Consumer were offset by lower strategic equipment sales in Global, migration of a MVNO customer, removal of BT Sport revenue, and legacy product declines.

Source: BT posts record FTTP growth