The BT Group’s capex in the first quarter of 2013 has declined by four per cent and stood at £596 million as against a capex of £622 million in the corresponding period in 2012.

Out of the total capex, capital expenditure of BT Global Services registered a decline of 13 percent and stood at £111 million. The Group’s capital expenditure declined due to the phasing of expenditure in 2012. This contributed to earnings before interest, taxes, depreciation, and amortisation less capital expenditure increasing by £28 million to £71 million.

BT Retail’s Capex declined by11 per cent to £92 million. The capital expenditure declined, despite its investment in BT Sport, therefore bearing an impact of the additional broadband-related investment in 2012. BT Wholesale’s capex declined by 11 per cent to £64 million. Capital expenditure declined due to lower spends on wholesale broadband connect. For the period under review, BT Group’s revenue declined by 1 per cent and stood at £4.44 billion. Its profit before tax declined by 16 per cent and stood at £449 million.

At the end of the first quarter of 2013, BT Group has connected 16 million premises with fibre-to-the-home (FTTH)-based broadband network.  BT Group has more than 1.7 million homes and businesses using FTTH services. It added about 265,000 net connections in the first quarter of 2013. It also added 197,000 retail fiber broadband customers in the period under consideration. BT Group also added 189,000 subscribers in the broadband segment.