BT boasts 100,000 mobile adds as Q1 results reveal ‘good start’

BT boasts 100,000 mobile adds as Q1 results reveal ‘good start’

BT reported that they have added 100,000 new mobile customers to their roster as it released its Q1 2015 results.

The telecoms giant also revealed it is on track to achieve its full year outlook, after announcing a quarterly revenue of £4.2m, up from the previous quarter.

BT explained that it is pleased with the progress it has made with its entry into the consumer mobile market, boosting its adds from 50,000 in Q1.

CEO Gavin Patterson explained that the telco has got off to a ‘good start’ in mobile, with its acquisition of EE still on track. 

He said: ‘Our mobile plans have got off to a good start with more than 100,000 consumer mobile customers signed up in the first three months.  We’re also looking forward to completing our acquisition of EE, which will allow us to create a true UK digital champion.

‘The investments we are making in our business and customer service are building a strong platform for growth.  And our financial results show we’re on track to achieve our outlook for the full year.’

Patterson used the results to repeat his call for Ofcom to investigate competition in the pay-TV market. The comments follow remarks made by both BT and Sky regarding the issue, after the latter challenged the market position of Openreach.

The BT boss said: ‘We have also invested further in improving customer service and Openreach is running ahead of all 60 minimum service levels set by Ofcom for this year.  And we are engaging with Ofcom as part of its Strategic Review of Digital Communications which offers scope for deregulation and the potential to create a more level playing field in pay-TV.’

The telecoms giant boosted its own TV offering, with revenues up 7%. The results come as BT strengthened its exclusive content offering upon signing deals with HBO and UEFA Champions League.

 

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