Record fibre demand and cost savings help BT shore up earnings

LONDON: BT, Britain’s biggest broadband and mobile company, said it added 2.2 million fibre connections in the year to end-March, helping it offset pricing pressure and weakness in its international unit to deliver ‌flat core earnings.

The ⁠company on ⁠Thursday met market expectations with a 3% drop in revenue to £19.7 billion ($26.46 billion) and flat core earnings of £8.2 billion, with the latter also boosted by cost savings.