More fibre broadband customers were added to the Openreach network by providers other than BT for the first time during the second quarter of 2016.
BT added 216,000 new fibre users during the period, less than half of the 440,000 added to Openreach.
The news is timely given the ongoing debate about the future governance structure of the open access network division and how much control BT should have, but the company still exerts considerable dominance.
BT has 4.5 million fibre users in total – a huge proportion of the 6.7 million total subscribers on Openreach- and also added two thirds of the 76,000 entirely new subscribers (both fibre and copper) in Q2.
Openreach fibre covers 28 million UK premises, or 92 percent of the UK population, meaning a quarter of all homes and business passed have taken up superfast services.
The prospect of Brexit and the spectre of Ofcom’s communications review appears to have had limited impact on BT’s finances. Quarterly revenues are up 35 percent to £6 billion and pre-tax profits are £671 million, up five percent.
Aforementioned gains in the broadband sector and in TV propelled consumer revenues up 11 percent to £1.3 billion, while BT Global Services income rose by 16 percent to £1.4 billion and business and public sector jumped 15 percent to £1.2 billion. However this latter category was largely driven by contracts won in the EE takeover.
“Our consumer facing lines of business have performed well, but in the enterprise space, UK public sector continues to be a challenging market,” admitted CEO Gavin Patterson.
It is pressing ahead with 17 trials of G.Fast, including in London, meaning half a million properties will have access to ultrafast by the end of next year. EE has also committed to 95 percent UK landmass coverage by 2020 too.
“Customer experience remains a key priority, and we’re stepping up our investments in the second half of the year,” concluded Patterson. “And we’ll continue to invest in our ultrafast and 4G plans in 2017 and beyond.
“Ofcom’s consultation on the Digital Communications Review closed earlier this month; we’ve submitted our response and will continue to engage with Ofcom to reach the best outcome for the UK.”
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