Openreach delivers 860k premises for Q2


Openreach delivered a record of 860k premises passed with fibre this quarter, accelerating its build rate to 66k.

The footprint is now expanded to 12m premises with a further six million where work is underway.

The network’s take-up rate also rose to 33%, with 364k net adds in Q2. Its retail fibre to the premise base grew year-on-year by 48% to 2.2m of which Consumer 2.1m and Business 0.1m; 5G base 9.9m, up 42% year-on-year.

Openreach’s broadband ARPU grew by 10% year-on-year due to price rises and increased volumes of FTTP.

The company's reported revenue was £10.4bn, up 3% on a pro forma basis. EBITDA was £4.1bn, up 6%; and up 4% on a pro forma basis.

CEO Philip Jansen said: “These results show that BT Group is delivering and on target: we’re rapidly building and connecting customers to our next-generation networks.

“Openreach has now built full fibre broadband to more than a third of the UK's homes and businesses with a growing connection rate.

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