Home › BT increases fibre network build target, suspends dividends on Covid-19 impact
 

Keywords :   


BT increases fibre network build target, suspends dividends on Covid-19 impact

2020-05-07 11:17:00| Telecompaper Headlines

(Telecompaper) BT Group has announced a rapid acceleration of its FTTP network build, setting a new target of reaching 20 million premises by mid-to-late-2020s, with a significant build in rural areas. This will be supported by a GBP 12 billion investment spend. The announcement was made as BT reported revenue of GBP 22.90 billion for the year to 31 March 2020, down 2 percent (reported basis) on the impact of regulation, declines in legacy products, strategic reductions in low-margin business and divestments. 

Tags: network build impact target

Category:Telecommunications

Latest from this category

All news
10.02Turning AI into Measurable Outcomes with Private Cloud
06.02How Proactive Threat Hunting Stopped INC Ransom Before the Alert
06.02Rackspace Technology at ViVE 2026
04.02Getting Started With AI: A Practical Path Forward
Telecommunications »
18.02'I do not trust them' - top streamers left concerned by Discord age checks
18.02Reform plans to keep UK's budget watchdog
18.02Unlocking Circularity: Expert Perspectives on Battery EPR
18.02WWETT Show 2026 Day Three Preview: Women in Wastewater Awards, Show Floor Demos
18.02WWETT Young Professionals Panel Highlights Opportunity and Growth in Wastewater
18.02Illegal skin lightening cream being sold in UK butchers, watchdog warns
17.02I invested 12,000 in Brewdog - I think I've lost it all
17.02How do consumer perceive regenerative agriculture?
More »