BT has posted revenue of GBP4.77 billion (USD7.55 billion) for its fiscal third quarter ending 31 December 2011, a fall of 5% on the back of sales declines at each of the company’s Global Services, Retail and Wholesale units. However, cost-cutting and lower regulator charges helped the telco to report a 22% increase in operating profit, reaching GBP764 million.
Excerpt from:
OVETEL Cost-cutting helps lift BT profits despite sales decline
No comments:
Post a Comment