Close
Close

Published

British Telecom (UK)

British Telecom is the incumbent telco in the UK, and recently bought itself back into the cellular market, curiously buying the largest mobile operator there called EE, jointly owned by Deutsche Telekom and Orange, rather than buy back its own cellular operation from Telefonica called O2.   Operations and figures: Revenue for Q2 this year was £5.84 billion ($7.6 billion), up 1%, with a 42% decline in profit to £418 million ($542.5 million). Its consumer broadband and TV business accounted for £535 million ($694.3 million) in revenue, jumping 9.2%. BT TV customers in the UK, including EE, reached 1.76 million at the end of Q2, adding 8,000 net subscribers in the last quarter and 138,000 year on year. Its total…

Close