BT Third quarter and nine months results to December 31, 2007

Thursday, February 7th, 2008
|
BT Vision logo

  • Revenue of £5,154 million, up 1 per cent
  • New wave revenue of £2,014 million, up 7 per cent
  • EBITDA before specific items1 and leaver costs of £1,469 million, up 2 per cent
  • Global Services EBITDA margin increases to 10.9 per cent
  • Profit after taxation, before specific items and leaver costs of £475 million, down 2 per cent
  • Earnings per share before specific items and leaver costs of 5.9 pence, up 2 per cent
  • Continued strong broadband net additions of 511,000 of which BT’s retail share was 35 per cent

The roll out of our next generation television service, BT Vision, accelerated in line with plans. During the quarter the number of customers more than doubled to 120,000, and is now more than 150,000. We also agreed additional content with Paramount, giving access to an additional library of over 150 new films, and in January with Disney, giving access to major US television series such as “Desperate Housewives” and “Lost”. We also announced a partnership deal with Microsoft to bring together BT Vision and Microsoft’s Xbox 360 games and entertainment system which will allow our broadband customers to receive the best in high definition gaming, television and movies through an Xbox 360.