BT Q3 2017/18 results: Under pressure | Feb 2018

Sectors: 
Fixed Line
Media
Mobile
Telecoms
UK Media
Companies: 
BT
EE

BT Group revenue growth held steady at -1.5% during the quarter, but this was helped by some recovery in the (still declining) Global Services division, with weaknesses appearing in a number of other areas

BT Consumer is of particular concern, with revenue growth turning negative as a result of declining volumes and weak ARPU growth, which are driven by industry-wide trends that are hard for BT to avoid

Looking forward, the March quarter will be flattered by an overlapping price rise at BT Consumer, but thereafter pressures will resume, with few obvious sources of upside on the horizon

Access BT Q3 2017/18 results: Under pressure