*
* * * * *
   Home >> Financial review >> BTopenworld
*
*
*
*
*
*
*
*
*
*
*
*
  Financial review: BTopenworld

2002
£m
2001
£m
Group turnover 222) 140)
EBITDA (102) (198)
Group operating loss (118)    (233)
Share of losses of associates and joint ventures (7) (59)
Capital expenditure 10) 10)
Operating free cash flow (112) (208)
Note - before goodwill amortisation and exceptional items

BTopenworld's group turnover is derived principally from its UK broadband and narrowband internet access services. Turnover for the 2002 financial year was £222 million, an increase of 59% on the prior year. This turnover growth is due to the new broadband product range introduced in 2001 as well as growth in the existing narrowband product range.

The total number of UK internet service provider customers of BTopenworld (excluding those served via virtual ISPs) at 31 March 2002 was approximately 1.75 million, representing annual growth of 40%. With over one million customers on unmetered packages at 31 March 2002, BTopenworld is one of the leading unmetered internet access providers in the UK.

EBITDA loss for the 2002 financial year was £102 million, a 48% improvement on the prior year.

<< previous next >>

© BT Group plc 2002            Privacy policyPrivacy policy