By Daniel Hunter

BT Group have seen a 18% increase in their profits due to cost-sutting and an increase in broadband users.

The telecoms giants reported pre-tax profits for the three months to the end of December of £652 million. Excluding one-off items, profits increased by 18%.

"We have delivered another quarter of growth in profits and cash flow despite the economic head-winds," said chief executive Ian Livingston.

"In the UK, our fibre roll-out has accelerated bringing super-fast broadband within reach of over seven million homes and businesses and we remain the number one broadband retailer with over six million customers," he added.

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