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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 [...]

BT to connect UK smart energy meters

Published on June 17, 2010 By Don

BT (NYSE: BT) is taking charge of the UK government’s smart meter mandate by securing an agreement to provide wireline Internet connectivity for 10,000 smart energy meters for IMServ, an energy management company. BT’s Redcare division, which has a network specially designed for security alarms and closed circuit television (CCTV), will provide necessary connectivity.   Smart [...]