BT has confirmed it is in “continuing discussions” over the future of BT Sport.
In September Broadband TV News reported Sir Leonard Blavatnik’s DAZN was in advanced talks to buy BT’s Sport’s channels. However, no progress was reported as the telco reported its third-quarter revenues.
The reported revenue of £10,305 million was down 3%, primarily due to the ongoing decline in its fixed-line business. The figures were rescued in part by stronger recurring BT Sport revenue as a result of the easing of lockdown restrictions.
BT’s fibre-to-the-premises base increased by 85,000 quarter on quarter to 945,000 and its 5G ready base now stands at over 5.2 million helped by the new Apple and Samsung launches.
Openreach has now rolled out full-fibre broadband to almost 6m premises and continues to lower its build cost. This has resulted in the telco taking the decision to look for a partner for the Openreach business.
Philip Jansen, Chief Executive, commenting on the results, said: “These results demonstrate an acceleration of pace in the transformation of BT. We are creating a better BT for our customers, the country and our investors. We’re going further and faster on the UK’s next-generation connectivity; we’re modernising BT and bringing down costs; and we’re reinstating the dividend today, as planned.”
