BT Ireland Financial Results for the second quarter to 30th September 2015.

October 29th 2015

ROI Highlights

  • BT Ireland revenue for the second quarter to 30th September 2015 is up 14% year on year, excluding transit revenue and the impact of foreign exchange movements. Profit (EBITDA) is up 4%.
  • Revenues for both the business and wholesale divisions are up driven by a number of major deals in the quarter. New contracts signed include an agreement with Sky Ireland to transport all of its IP core internet traffic and new data centre contracts with LinkBermuda and ICON plc.
  • Revenue in the quarter was helped by significant ICT equipment sales
  • As part of our strategic growth plans, we made additional investments in our data centre, cloud portfolio, IP voice, network monitoring and management
  • We have also been added to the Government’s voice framework which means that BT now has the opportunity to bring much needed competition and choice to government projects
  • - The financial performance of BT Sport Europe has been better than expected and viewing figures have also been strong, up 47% year on year
Our all-island BT Ireland performance for the quarter is strong, with underlying top and bottom line growth. Success this quarter was driven by increased revenue from our major customers, both multinational and wholesale, the continued uptake of fibre broadband across Northern Ireland and ongoing cost management across the business. In the Republic of Ireland, the unrivalled strength of our global network capability and local expertise continues to deliver for us in the global MNC market as we secured a number of major new deals in the year to date and we’ve made strategic investments in our data centre, our network and our cloud service portfolio to support our continued drive for growth." Colm O’ Neill, CEO, BT Ireland