BT announced a 2% increase in its quarter-on-quarter revenue to $4.3bn for the second quarter of 2014.
The company’s consumer business revenues grew by 7%, which was triggered by customers who paid more for the faster fibre products it offers.
Though the company gained 88,000 new retail broadband customers, it claimed that the customer growth level was lower when compared to previous levels, due to competitive offers from rivals.
However, the company claims that it will not get into price war to attract customers, rather depend on customer loyalty, who are willing to pay more for superfast internet connections and the sports TV subscription it offers.
BT CEO Gavin Patterson said: "Our fibre footprint has increased to more than 21 million premises and will continue to grow. We continue to see strong demand across the market for the faster speeds that fibre offers.
"Further improving customer service remains a priority and Openreach is recruiting an additional 500 engineers to help us better serve our customers.
"We have also launched a range of new cloud-based products and services aimed at the business market.
"We are delivering on our strategy and our outlook remains unchanged. Our confidence enables us to raise our interim dividend by 15 per cent to 3.9p."
