Today Weekdays 6-9am and Saturdays 7-9am

BBC News
Today
Listen again
Best of Today
About Today
How to listen to Today
Contact Today
  • News Feeds
Page last updated at 10:51 GMT, Thursday, 1 November 2012

BT cuts revenue outlook for full year

Advertisement

BT has cut its revenue outlook for the year after European corporate customers slashed spending.

However, cost-cutting has enabled the group to maintain its full-year forecasts for earnings.

BT also reported that its pre-tax profit rose 9% in the three months to 30 September to £602m, sending shares up 5%.

Speaking to Today business presenter Simon Jack, BT chief executive Ian Livingstone said "it is a tough time for our global services division", but added "for the group, we have managed to balance it up over all."

Story Tools

Editor's Choice

Police officer standing outside a derelict building Police direct entry 'will happen'

Stethoscope 'Stiff upper lip' delaying cancer diagnoses

Seamus Heaney Heaney: Poetry was 'entrancing'
Skip to top

PRODUCTS & SERVICES

bbc.co.uk navigation

BBC © 2013 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific