The BT Group has posted its results for the third quarter of 2012-13, say news reports.
The company has registered a 6 per cent decline in revenues from ?4.77 billion to ?4.51 billion in the period under consideration.
The company has said that its revenues were impacted by certain regulatory decisions, a ?66 million reduction in transit revenue (including mobile termination rate reductions of ?37 million), a ?50 million negative impact from foreign exchange movements, and an ?8 million impact from disposals.
It?s profit before tax increased by 7 per cent to ?675 million and its capex deceased by 14 per cent in the period under consideration to ?572 million.
Meanwhile, all of its businesses, including BT Global Services, BT Retail and BT Wholesale, registered negative growth in the quarter. BT Global Services? revenue decreased by 8 per cent to ?1.746 billion, while revenue from BT Retail reduced by 3 per cent to ?1.793 billion.
Also, BT Wholesale reported a 9 per cent decline in revenues to ?890 million and BT Global Services? revenue was down 8 percent, including a ?44 million negative impact from foreign exchange movements and an ?8m impact from disposals.
