Business
Amended 3rd Quarter Results
Amended 3rd Quarter Results.
About this update from Bt Group Plc
[{"type":"text","content":"\n \nRNS Number : 8454D BT Group PLC 02 February 2018 \n\nGENERAL TEXT AMENDMENT\n \nThe following amendments have been made to the 'Third quarter results' announcement released on 2 February 2018 at 0700 under RNS No 7127D.\n \nOn page one, the words 'reciprocal wholesale' have been deleted from the third bullet under Strategic and in Gavin Patterson's quote the words 'reciprocal wholesale' have been replaced with TV . \n \nAll other details remain unchanged.\n \nThe full amended text is shown below\n \nBT Group plc\nResults for the third quarter to 31 December 2017\n2 February 2018\nBT Group plc (BT.L) today announced its results for the third quarter to 31 December 2017.\nKey developments for the quarter\nStrategic:\n· Openreach to deliver FTTP to 3m premises by the end of 2020; sets course to reach 10m homes and businesses by mid-2020s with the right conditions\n· Continued improvement in customer experience metrics; Group NPS1 up 5.5 points and Right First Time up 3.6%\n· BT TV customers to access premium sport and entertainment content under TV deal with Sky \n· Triennial valuation of the BT Pension Scheme is proceeding and constructive discussions continue with the Trustee. We are appealing the court decision against changing the index used for pension increases from RPI for Section C members\n· Transformation programme and restructuring initiatives on track\nOperational:\n· Openreach fibre connections at record high of 600,000, with superfast fibre broadband passing 27.4m UK premises\n· BT Consumer revenue generating units per customer increased 3% to 2.02, with ARPU up 5% to £41.3\n· Mobile postpaid net additions of 235,000, with low churn of 1.2%; monthly mobile postpaid ARPU down 2% to £26.2\n· Average BT Sport viewing increased 23% year on year; best quarterly performance since launch\n· Order intake, on a rolling 12-month basis, up 12% to £3,591m for Business and Public Sector, down 38% to £1,257m for Wholesale and Ventures and down 25% to £3,732m for Global Services, reflecting market conditions\nFinancial: &...