BT Ireland grows revenues to €875m

BT Ireland has reported a 4% increase in annual revenue for the 12 months to the end of March.

It marks continued progress for the communications group’s Irish division, which this time last year reported its first annual revenue increase for five years.

Yesterday’s update showed that BT Ireland — which has in recent years withdrawn from the consumer market in order to focus on serving corporate customers — generated revenues of nearly £740m (€875m) in its last financial year, excluding the impact of foreign exchange movements.