BT Fibre Broadband Rolled Out To Three Million Homes

BT Chief Executive Ian Livingston has said that the company's next generation high-speed fibre-optic roll out has reached 3 million homes across the UK.

The company aims to increase the figure to over 4 million by the end of this year, and over 12 million by 2015.

By next spring, BT also expects to roll out its 110 Mbps service, which will offer 10 per cent faster broadband than Virgin Media’s 100 Mbps cable network, TechWatch reports.

BT started rolling out high-speed fibre service after its fixed-line service saw a decline in revenue.

After rolling out high-speed fibre-optic network, it has seen a rise in customer numbers, but is still lagging behind rival Virgin Media, which saw a significant increase in customers after rolling out its own fibre optic network.

According to Livingston, BT Infinity is registering orders of over 4,000 connections per week.

The company reported fall in net profit by 7 per cent to £399 million, and a 1.8 per cent fall in revenue which amounted to £4.977 billion. BT also reported an increase in pre-tax profit of 13 per cent to £496 million.