BT's TV customer growth slows but broadband market share grows

Company's rate of net new TV subscribers has slowed to 40,000, the lowest rate for five quarters

BT has outperformed City forecasts thanks to strong demand for fibre broadband lines, but growth in its pay television business has slowed.

Group revenues in the June quarter were ahead of forecasts, but down 2% on last year to £4.4bn, with only the consumer division posting growth. Adjusted pre-tax profits were up 7% to £638m.

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via Business Feeds

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