BT warns of future broadband troubles

BT IRELAND delivered strong half-year results yesterday but warned that Ireland’s broadband failures were storing up long-term headaches for the economy.

Revenues at the former Esat BT surged 27% to €220 million for the six months to September as the local arm of the global telecoms giant snapped up wholesale and corporate business.

Earnings before interest, tax, depreciation and amortisation - the key benchmark in the telecoms industry - were in line with expectations at €12m, but the company did not disclose its losses at the pre-tax level.