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BT Beats Profit Estimates After Lockdown Spurs Fiber Demand

  • Revenue shrank in all key divisions except Openreach fiber
  • CEO Jansen sees BT meeting Ebitda target in 2022-2023
U.K. Looks At Huawei Install Ban Next Year
Photographer: Hollie Adams/Bloomberg
Updated on

BT Group Plc’s profits shrank less than expected after customers upgraded broadband contracts at a record pace to help them survive multiple U.K. lockdowns.