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Home Latest News

BT Ireland full-year revenue rises 7% to €860 million

byCT Report
05/05/2016
in Latest News
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DUBLIN: BT Ireland posted 7 per cent underlying revenue growth in the year to March to £681 million (€860 million).

Earnings before interest, tax, depreciation and amortisation for the all-island business rose by 8 per cent, the company said, without giving the actual figure.

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The sales growth was driven by investments in BT Ireland’s network reach, data centres and product development, according to Colm O’Neill, managing director of BT Major Business & Public Sector UK and Ireland.

The company’s wholesale division continued to report solid results, securing new deals with Three Ireland, Sky Ireland, and Blacknight Internet Solutions which has signed a long-term agreement with BT for the provision of data centre, network and infrastructure services.

The broader BT group, which is the UK’s biggest broadband provider, posted a 6 per cent increase in revenues for the full year, to £18.9 billion, including the impact of its acquisiton of mobile operator EE.

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