Posted: 12th Nov, 2009 By: MarkJ

BT Group has released its latest second quarter results to 30th September 2009, which showed that the operators retail ( BT , PlusNet etc. ) broadband ISP subscriber base had increased by +72,000 net additions in the quarter to total 4.9 Million. BT Retail's market share of the DSL and LLU installed base remained at 35%.
We wouldn't be surprised to see a slightly faster growth next year following Ofcom's recent de-regulation of the retail lines market. This will allow BT to offer more competitively priced broadband, phone and TV bundles. Their recent 'up to' 20Mbps ADSL2+ speed increase will also help, albeit only if you're on a supporting telephone exchange.
Ian Livingston, BT Group CEO, said:
“We have had another quarter of progress but there remains a lot more to do. With total cost reductions of over £900m in the first half, we have made significant headway towards our previous target of well over £1bn for the full year. We now expect to generate at least £1.6bn of free cash flow this year, compared with our previous target of over £1bn.
We are investing in the future of the business with an enhanced and accelerated programme of fibre deployment and wider roll out of faster broadband speeds, all within our capital expenditure plans.”
BT Vision's ( IPTV ) net additions were 18,000 in the quarter (significantly down from 38,000 in Q2). The customer base now totals 436,000 after adjusting for a further cleanse of the database, which is just 3,000 more than Q2! BT Vision appears to have some problems, which are probably in no small part down to the confusion/loss of Setanta (sports channel) during the summer.
However perhaps the most important development in Q2 was the start of BT's long awaited fibre optic broadband trials ( FTTC and FTTH / P ), which have begun connecting up their first customers. The commercial rollouts will officially being in Q1 next year.