BT’s Irish profits rise

May 14, 2010

BT has seen its profits in Ireland increase by 12 per cent for the year to the end of March 2010, while actual revenues fell by 3 per cent.

The rise in profits has been assisted by a reduction in costs.

In fact the company has cut costs by around 8 per cent and this has helped the company as the Irish operation has been struggling with tough market conditions, which during the last quarter began to show signs of recovery.

As in the UK, the roll out of next generation broadband services has been taking place, as well as the local loop unbundling (LLU) which promises to offer connection speeds of up to 24 Mbps to around two thirds of all households in the country.


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