‘Strong’ performance in Q2 for BT Ireland

BT Ireland have reported a “strong” performance in their Q2 figures released yesterday.

The communications company said revenue was up 14 per cent year on year excluding transit revenue and the impact of foreign exchange movements and profit (EBITDA) up four per cent.

The company added 10,000 new fibre broadband connections in Q2 bringing the number of homes and business now enjoying fibre broadband to over 225,000, meaning that approximately 47 per cent of all broadband in NI is now fibre based.

Colm O’ Neill, managing director, BT Corporate UK and Ireland said: “Our all-island BT Ireland performance for the quarter is strong, with underlying top and bottom line growth.

“Success this quarter was driven by increased revenue from our major customers, both multinational and wholesale, the continued uptake of fibre broadband across Northern Ireland and ongoing cost management across the business.

“The economic and social impact of our next generation fibre rollout continues to be seen across Northern Ireland particularly in rural locations and we now have over 93 per cent of premises connected to a fibre enabled cabinet.

“Our business division delivered a strong half year with major wins across both the public and private sectors, and we are seeing positive results from the launch of our cloud enabled services and business led products such as BT One Phone, BT Mobile and BT WIFI”.