Telecoms giant BT today said rising demand for broadband had helped it to its fastest underlying revenues growth in nearly three years.

Telecoms group BT unsettled investors today after a “milestone” $1bn (€771m) deal rekindled memories of its last disastrous foray in the US.

Telecoms group BT was today being linked to a surprise return to the US market after a report said it was about to make a $1bn (€771m) acquisition.