BT slows exodus of broadband customers as alt-net rivals struggle [Yahoo! Finance]
Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares (VOD)
US:NASDAQ Investor Relations:
vodafone.com/content/index/investors.html
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Source: Yahoo! Finance
Openreach, BT's network division, lost a further 169,000 customers over the three months to July, which it blamed on competition with rivals and a weaker overall market. However, the figure was an improvement on the previous quarter, when a record number – almost a quarter of a million customers – left BT's network, and significantly below analyst expectations. Bosses previously said they expected losses to continue at the same rate over the coming year. Shares in BT jumped as much as 10pc to their highest level in six years. Openreach's customer base has dropped by more than 800,000 over the past year as smaller rivals known as “alt-nets” try to lure consumers to their full-fibre networks with cut-price deals The telecoms giant has also been hit by troubles at TalkTalk, which lost 100,000 subscribers a quarter last year. TalkTalk used the Openreach network, meaning the decline has passed through to BT. BT has reportedly threatened to block TalkTalk from putting more custom
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VOD
Sec Filings
- 12/18/25 - Form 6-K
- 12/17/25 - Form 6-K
- 12/12/25 - Form 6-K
- VOD's page on the SEC website