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Britain's largest broadband provider BT to invest £6b on fibre, 4G upgrades

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Britain's biggest broadband provider BT said it would spend £6 billion on rolling out superfast fibre and 4G mobile connections in the next three years as it reported a better-than-expected 6 per cent rise in full-year earnings.

[LONDON] Britain's biggest broadband provider BT said it would spend £6 billion on rolling out superfast fibre and 4G mobile connections in the next three years as it reported a better-than-expected 6 per cent rise in full-year earnings.

The company reported core earnings of £6.58 billion (S$12.97 billion) for the year to end-March, including a contribution from mobile operator EE, which it incorporated at the end of January.

Revenue was up 6 per cent including EE to £18.91 billion.

REUTERS