BT Centre in Newgate Street, London.

BT has hailed the final three months of 2015 as a "standout quarter" after reporting a 24% increase in profits.

The telecoms giant's pre-tax profits hit £862 million in the final quarter, with revenues rising to £4.59 billion.

Three days after BT's acquisition of EE was confirmed, BT also made a number of announcements relating to its structure.

Clive Selley has been appointed chief executive of Openreach, which will be run "at arm's length from the rest of BT". BT's rivals and critics have argued for Openreach to be split from the rest of the company, and Ofcom chief executive Sharon White said "structural separation" of it was a possibility.

BT said nearly 500,000 new customers had their lines connected during the quarter - up 32% on the same period last year.

Chief executive Gavin Patterson said: "BT Consumer had a stand-out quarter, increasing its overall line base for the first time in well over a decade and capturing 71% of new broadband customers.

"We will operate a multi-brand strategy with UK customers being able to choose a mix of BT, EE or Plusnet services, depending on which suit them best."

BT says its business will now be split into six areas:

Consumer - which will provide broadband, TV, mobile and telephone services to residential customers

EE - EE will continue to operate as a separate entity, offering its own products and services

Business & Public Sector - A new division, combining BT and EE's business operations and BT Global Services in the UK

Wholesale and Ventures - Offer wholesale services to 1,400 communications providers in the UK

Openreach - which will continue to connect phone and broadband lines across the UK.