BT 3Q06 results

BT reported 3Q06 revenues of €7.3bn, up 4%. New wave revenues increased 20% to €2.6bn and account now for 35% of total revenues. EBITDA rose 2% to €2.1bn. Capex rose 17% in the quarter to €1.2bn. For its FY1H period, BT reported sales of €14.6bn, up 3%, of which €5bn in new wave revenues. EBITDA rose 2% to € 4.1bn and capex rose 8% to €2.3bn. Profit before taxation and specific items rose 17% to €1.9bn. Operating profit margin before specific items remained flat year on year at 14%.