BT Group has reported a record build rate of more than a million premises for fiber connectivity in the last quarter of 2024, amidst tough competition from alternative networks. Their Q3 fiscal 2025 financial results indicated a 3% revenue drop to £5.2 billion due to challenging conditions and weaker sales in their Consumer division. However, a strong cost transformation led to a slight rise in profit before tax. Despite reaching 17 million properties with fiber infrastructure, only 6 million are connected, with a take-up rate exceeding 35%.
BT Group reported a record build rate of over a million premises for fiber connectivity in the UK, despite overall revenue declining due to various market challenges.
The company indicated that while they reached 17 million properties with fiber infrastructure, only 6 million are currently connected, highlighting ongoing competition.
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