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
11.12How to Build AI-Enabled Operations and Achieve Measurable Outcomes
04.12AI Revolution in Service Management Features Intelligent Operations and Continuous Innovation (Part 2)
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
Telecommunications »
13.12This Week in Agribusiness, December 13, 2025
13.12This Week in Agribusiness, December 13, 2025
13.12Christmas gifts wrapped and sent out for children
13.12Why your chocolate is getting smaller, more expensive and less chocolatey
12.12Cargill recalls single lot of livestock feed product
12.12Looking Back With Gratitude, Ahead With Purpose
12.12EU backs indefinite freeze on Russia's frozen cash ahead of loan plan for Ukraine
12.12No 10 says it backs pubs as landlords bar Labour MPs in tax protest
More »