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BT holds down operating costs in first quarter to realize 33% net profit

Published on July 29, 2010 By Don

Things are tough all over for telecoms as the economic slump continues, but BT (NYSE: BT) saw some bright glimmers of hope in the first quarter of fiscal 2010 that ended June 30. While the company’s revenues decreased 4 percent year over year, a focus on tightening the operating budget and knocking down its net [...]