BT Reports Loss of 192,000 Customers Amid 1% Earnings Dip
BT Group reports a 1% decline in adjusted earnings and a loss of 192,000 customers, despite a 'solid start' to the fiscal year.
POLICY WIRE — London, UK — BT Group informed shareholders today that its adjusted earnings for the quarter ending June 30 declined by 1% to £2.01 billion. The company also reported a loss of 192,000 customers during the period.
Despite the financial setbacks, BT described the start of the fiscal year as ‘solid.’ The telecommunications giant didn’t provide detailed explanations for the customer loss or the slight dip in earnings.
Reporting by Policy-Wire (PW)
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