BT profits rocket on higher bills and lower costs

BT’s profits rose significantly in the first half of the current financial year, buoyed essentially by stable revenues help by increased prices and cost cutting measures.
The UK operator’s pretax profit for the six months to the end of September came in at £1.1 billion, an increase of 29% on the previous year. Meanwhile adjusted EBITDA was up by 6% on a reported basis to £4.1 billion, the increase driven by revenue flow through and strong cost control, BT said.
The telco&