Abstract :
A big jump in superfast broadband customers and aggressive cost-cutting push up BT profits despite falling revenues. Bucking the general gloom that pervades the telecoms sector, BT Group unveiled better than expected results for the first quarter of 2011. Riding on the back of its high-speed fibre-optic broadband service, Infinity, it grabbed 59 per cent of new broadband sign ups in the first quarter.
