The telecoms giant said pre-tax profit was £1.1 billion in the six months to the end of September, up 29% on the year before.
Telecoms giant BT has said its profits rose by close to a third as it passed on high inflation costs to customers and a three-year cost-cutting programme paid dividends.
It added that average revenue per Openreach broadband user rose 10% due to price rises and more connections. “Openreach has now built full fibre broadband to more than a third of the UK’s homes and businesses with a growing connection rate.” “She knows the sector, she knows the company and she’s the right person to lead BT Group from this position of operational strength.”
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