BT Q2 2010/11 results: digging in
15 November 2010
Group performance to September was affected by increased investment in fibre and other defensive measures, as expected
Despite strong retail broadband subscriber growth, the core business remains under siege. High speed broadband should – eventually – provide an effective defence, but not much more
The Global Services turnaround is continuing, and further progress at GS supported by improving stability in the rest of the group should enable new guidance to be met