Adjusted revenues of BT Group from 2008 to 2023
British Telecommunications (BT) Group generated 20.67 billion British pounds in the financial year ending March 31, 2023, marking a slight decrease compared to the previous year, yet around three billion British pounds higher than the low of 17.84 billion British pounds recorded in 2015.
BT Group revenue mix
BT Group have had to respond to the impact of the changing telecommunications landscape on their revenue streams. The volume of calls made in the United Kingdom (UK) has more than halved since the beginning of 2012, affecting revenue, and revenue streams such as business network access have also decreased. The acquisition of Everything Everywhere, the mobile operator, added a new revenue stream from the second quarter of 2017 onwards.
Changing shape of mobile
Revenue streams have been contracting for several years across the mobile communications market, with the exception of access and bundle services. These services generated 1.83 billion British pounds during the first quarter of 2012, a figure that rose to 2.85 billion by the fourth quarter of 2018.
BT Group revenue mix
BT Group have had to respond to the impact of the changing telecommunications landscape on their revenue streams. The volume of calls made in the United Kingdom (UK) has more than halved since the beginning of 2012, affecting revenue, and revenue streams such as business network access have also decreased. The acquisition of Everything Everywhere, the mobile operator, added a new revenue stream from the second quarter of 2017 onwards.
Changing shape of mobile
Revenue streams have been contracting for several years across the mobile communications market, with the exception of access and bundle services. These services generated 1.83 billion British pounds during the first quarter of 2012, a figure that rose to 2.85 billion by the fourth quarter of 2018.
