Profits rise on increased revenues for BT Ireland

BT Ireland has reported full year revenues up seven per cent and a profit increase of 8% for the full year ending 31st March 2016, the company has confirmed.
By The Newsroom
Published 5th May 2016, 18:39 BST
Updated 5th May 2016, 20:02 BST
Continuing to roll out fibre broadband across the whole province remains a priority says BT chief Colm ONeillContinuing to roll out fibre broadband across the whole province remains a priority says BT chief Colm ONeill
Continuing to roll out fibre broadband across the whole province remains a priority says BT chief Colm ONeill

On an all Ireland basis the business reported revenues of £681 million.

In Northern Ireland, new business and public sector contracts secured over the course of the year included desktop deployment services contract with Health and Social Care Northern Ireland, Microsoft Licensing agreement with the DFP and associated agencies, a 10 year data centre deal for the NI Public Sector and a managed network service contract with Danske Bank.

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The company has made a multi-million euro investment in its Belfast and Dublin data centres as part of expansion plans and energy efficiency programmes following new customer contracts.

These data centres are part of one of the largest data centre networks in the world, currently standing at 48 across the five continents, connected on BT’s own global network.

“BT Ireland has delivered a good financial performance,” said managing director Colm O’Neill.

“Our significant local and global capabilities are boosting sales to the business and public sectors, as we support their transformation programmes and growth ambitions.”

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In Northern Ireland, more than over 250,000 consumers and businesses have now signed up for fibre broadband services (via BT’s network).

More than 93% of premises are passed by this fibre network, as a result of BT’s own commercial investment and its partnerships with the public sector. One of these public-private partnerships – the NI Broadband Improvement Project – has recently been completed and involved the roll out of over one million metres of fibre cable to more than 60,000 premises.

The firm said it has also made Fibre To The Premises (FTTP) available to over 4,000 rural premises.

“Fibre broadband remains a strategic priority, and while we are currently at over 93% availability, we are focused on bringing improved broadband speeds to harder to reach rural areas,” sid Mr O’Neill.

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“With the acquisition of mobile network operator, EE, we will be a digital champion for the UK, benefiting consumers, businesses and communities as we combine the power of fibre broadband with the convenience of leading edge mobile services.”

Related topics:Northern IrelandMicrosoft