British fixed line incumbent BT has released financial results for the fiscal year ended 31 March 2012, revealing an improved bottom line, despite a dip in revenue. For the twelve-month period under review BT generated an adjusted turnover of GBP19.307 billion (USD30.4 billion), down 4% compared to the GBP20.076 billion reported for the previous financial year, with the company noting that underlying revenue excluding transit decreased by 1.9%, which it said reflected ‘lower revenue from calls and lines and the challenging environment in certain markets’.
View article:
OVETEL Operating cost reductions boost BT’s profits in FY2011/12
No comments:
Post a Comment