BT to slash additional £3B in costs following full-fibre rollout peak

BT has launched a new set of cost-saving initiatives worth £3 billion, following the completion of significant investments in its UK full-fibre broadband network, which prompted a rise in dividends. The company saw a slight increase in revenue, reaching £20.8 billion—a 1% increase from the previous year—fueled by increased broadband prices, strong fibre product sales via Openreach,…

BT to slash additional £3B in costs following full-fibre rollout peak

BT has launched a new set of cost-saving initiatives worth £3 billion, following the completion of significant investments in its UK full-fibre broadband network, which prompted a rise in dividends. The company saw a slight increase in revenue, reaching £20.8 billion—a 1% increase from the previous year—fueled by increased broadband prices, strong fibre product sales via Openreach,…