Original article Total Telecom:Read More
News
Despite weaker sales abroad, BT’s leaner strategy is paying off, resulting in stronger margins
BT has ramped up its full fibre rollout plans after hitting record build and connection highs during FY25, even as overall revenue declined 2% to £20.4 billion.
Chief Executive Allison Kirkby described the year as one of “strong progress,” highlighting the group’s network buildout, customer experience improvements, and over £900 million in annualised cost savings.
BT’s full fibre footprint now reaches 18 million UK premises, with more than 6.5 million already connected, a 36% take-up rate. Openreach passed 4.3 million new premises with full fibre this year, 1.8 million of which are already in use by customers. The company has now upped its FY26 build target by 20% to 5 million, keeping it on course to hit 25 million premises passed by the end of 2026.
BT’s revenues fell slightly this year, driven by weaker handset sales and international performance, but profit before tax rose 12% to £1.3 billion.
In mobile, EE retained its crown as the UK’s best network for the eleventh year running, with 5G standalone now live in 50 towns and cities and coverage reaching over 40% of the population. BT’s 5G customer base grew 15% to 13.2 million.
“BT Group delivered strong progress against its strategic priorities in FY25, as we stepped up the pace of build of the UK’s leading next generation networks,” Kirkby in a company press release.
“With the leadership team now in place to take our strategy forward, I am confident that as we build and connect at pace, our transformation will accelerate and deliver a better BT for all of us – our customers, our colleagues, the country and our owners,” she continued.
Keep up to date with the latest telecoms news by subscribing to our newsletter
Also in the news:
AT&T agrees $5.75 billion deal for Lumen’s consumer fibre assets
Telefónica exits Uruguay in $440m Millicom deal
“You’re not keeping your word”: Louisiana fibre firm rails against Trump govt over BEAD delay