BT Second-Quarter Revenue Beats Estimates on Consumer Gains
- Company cites gains in mobile, broadband, pay-TV businesses
- BT’s Patterson: Consumer businesses resilient to Brexit woes
BT Doesn't Expect Brexit to Impact Outlook: CEO
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BT Group Plc reported second-quarter sales that beat analysts’ estimates, boosted by customer additions in its mobile-phone, broadband and pay-television businesses.
The company added users in all three areas, it said in a statement Thursday. Revenue advanced to 6 billion pounds ($7.34 billion) in the three months ended Sept. 30, a 1.1 percent increase, adjusted to account for the purchase of wireless network EE this year. Analysts were expecting sales of 5.94 billion pounds on average.