Featured Articles

Nvidia Shield 2 shows up in AnTuTu

Nvidia Shield 2 shows up in AnTuTu

Nvidia’s original Shield console launched last summer to mixed reviews. It went on sale in the US and so far Nvidia…

More...
AMD CSO John Byrne talks ARM

AMD CSO John Byrne talks ARM

We had a chance to talk about AMD’s upcoming products with John Byrne, Chief Sales Officer, AMD. We covered a number…

More...
AMD Chief Sales Officer thinks GPU leadership is critical

AMD Chief Sales Officer thinks GPU leadership is critical

We had a chance to talk to John Byrne who spent the last two years as Senior Vice President and Chief…

More...
OpenPlus One $299 5.5-inch Full HD phone

OpenPlus One $299 5.5-inch Full HD phone

OnePlus is one of the few small companies that might disrupt the Android phone market, dominated by giant outfits like Samsung.…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 01 November 2012 12:06

BT profits are up 7 per cent

Written by Nick Farrell



Recession? What recession


BT is reporting that despite a tough year its profits are up more than 7 per cent.

However the company has been forced to revise its outlook for full-year revenues owing to a “triple whammy of recession, regulation and rain. The company said that things would be better in the second half of the year.

Pre-tax profit at the UK telecoms group rose seven per cent to £608million in the second quarter owing to the effects of further cost-cutting BT announced its plans to roll out superfast fibre broadband nationwide had been sped up and that revenues slid nine per cent to £4.5billion.

A UK Court of Appeal decision on call termination charges in the second quarter walloped revenues at BT Wholesale, while the heavy rains in the UK this year meant its Openreach arm handled more repair.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments