FILE PHOTO: British Telecom (BT)’s headquarters is seen in central London, Britain May 10, 2018. REUTERS/Hannah McKay/File Photo
LONDON (Reuters) – BT, Britain’s biggest broadband provider, said it was ready to play its part in achieving new Prime Minister Johnson’s ambition to roll-out full-fiber across the country as it beat market expectations for first-quarter trading on Friday.
“On network investment, we welcome the government’s ambition for full fiber broadband across the country and we are confident we will see further steps to stimulate investment,” Chief Executive Philip Jansen said.
BT reported first-quarter adjusted revenue of 5.63 billion pounds ($6.82 billion) and adjusted core earnings of 1.96 billion pounds, both ahead of analysts’ consensus.
Reporting by Paul Sandle; editing by Michael Holden