Stan
- 31 Jan 2019 07:48
- 15 of 15
BT Group updated the market on its trading for the third quarter on Thursday, with reported revenue falling 1% to £17.56bn. The FTSE 100 telecoms giant said underlying revenue was down 0.9% in the three months ended 31 December, as growth in its consumer business was offset by regulated price reductions for the Openreach network operation and declines in its enterprise businesses Adjusted EBITDA was broadly flat at £5.55bn, driven by revenue growth in the consumer business and restructuring related cost savings, offset by the revenue decline in Openreach and enterprise.