Broadband demand helps BT beat first-quarter earnings forecast

Britain's biggest telecoms group BT reiterated its outlook for the full-year after strong demand for broadband helped it to report better-than-expected first-quarter core earnings. BT, which is locked in talks with the telecoms regulator Ofcom over the need to restructure to improve national broadband coverage, said in May it expected to produce core earnings of around 7.9 billion pounds for the year.