BT sees profits leap 21% to £833m

BT
BT

BT unveiled a bigger-than-expected jump in profits as the telecoms giant highlighted its financial firepower ahead of its £738 million Premier League battle against Sky.

A day after announcing that it will be offering free live Premier League action to its broadband customers, the UK company said profits jumped 21% to £833 million in the quarter to March 31. Underlying revenues were flat against expectations of a 2.8% fall.
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