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flag BT lost 242,000 UK broadband customers in Q2 2025, leading to revenue and profit drops, but says its transformation is on track.

flag BT lost 242,000 broadband customers in Q2 2025 due to competition and market challenges, contributing to a 3% revenue drop to £9.8 billion and an 11% decline in pretax profit to £862 million. flag The company cut 5,000 jobs, reducing its workforce to 111,000, as part of a cost-cutting plan that has delivered £1.2 billion in savings over 18 months toward a £3 billion annual target. flag Despite declines, BT said its UK-focused transformation is ahead of schedule, with growth in broadband, mobile, and TV, and reaffirmed 2026 financial guidance.

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