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BT boss positive on fixed, mobile progress

Fibre proved fruitful for BT Group in the opening quarter of its fiscal 2027 (the period to end-June), becoming the key generator of broadband revenue as the operator booked record levels of connections and uptake.

BT added 514,000 FTTP connections in the three-month period alone, leaving it with a total of 23.4 million. The operator declared it is experiencing record demand for fibre services at its Openreach and consumer businesses.

In wireless, BT asserted EE β€œmaintained its mobile leadership”, pointing to the receipt of a consumer award with category-topping figures in reliability, coverage and performance.

Its 5G network coverage hit 77% of the population.

CEO Allison Kirkby (pictured) declared it a β€œsolid start” to the fiscal year, with gains in consumer customers increasingly backed by BT’s selection for β€œmission-critical” connections.

She said the consumer business is benefiting from ongoing investment in BT’s brands and services. It is also β€œstabilising” service revenue in its Business division on β€œsales order growth from major customers”.

Kirkby was of course positive about a recently-forged JV with Verizon and said BT is unparalleled in the β€œscale and pace” of work to upgrade the β€œdigital backbone” of the UK.

BT’s numbers leave it β€œon track to deliver our targets, including cashflow of circa Β£2 billion”, the CEO explained.

The rising cost of finance impacted pre-tax profit, with the figure for continuing operations dropping from Β£526 million in fiscal Q1 2026 to Β£505 million. Revenue was flat at Β£4.3 billion.

The post BT boss positive on fixed, mobile progress appeared first on Mobile World Live.

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