Wednesday, February 7, 2007

BT Adds 697,000 DSL Connections in Q4

BT added 697,000 DSL connections in Q4 2006, giving it a total of 10 million wholesale broadband connections (DSL and LLU) at December 31, 2006, including 1.3 million local loop unbundled lines. BT Retail's share of the net additions in the quarter was 34 percent.

Over 50 per cent of all UK homes now subscribe to broadband services.

BT Group revenue was 5 percent higher at 5,126 million pounds in the quarter with continued strong growth in new wave revenue more than offsetting the decline in traditional revenue.

The strong growth in new wave revenue continued and at 1,880 million pounds was 17 percent higher than last year. New wave revenue accounted for 37 percent of the group's revenue compared to 33 percent in the third quarter of last year. New wave revenue is mainly generated from networked IT services and broadband. Networked IT services revenue grew by 8 percent to 1,117 million pounds, and broadband revenue increased by 39 percent to 520 million pounds.

Revenue from the group's traditional businesses declined by 1 percent, an improvement on recent trends.