BT (NYSE: BT) missed its quarterly revenue targets, hit by the competitive broadband market and by a decline in premium rate quiz show phone-ins. The UK’s largest fixed-line telecoms group reported a one percent rise in third-quarter revenues to £5.15 billion - £100 million short of the expected figure of £5.25 billion.

Other highlights…

-- Broadband: BT counted 511,000 broadband additions on its network. Its own share, however, was 35 percent of that figure, or 177,000 (analysts expected around 220,00), bringing its total broadband subscriber base to 4.3 million customers. “New-wave” revenues, mainly generated from networked IT services and broadband, climbed to £2.014 billion, a seven percent rise from last year.

-- IPTV: BT Vision, the company’s digital VOD TV service, saw the number of customers more than double to 120,000 in the quarter. It now counts more than 150,000 as its total customer base.

-- Phone-ins: Revenues from its wholesale division were down six percent, hit by the ongoing price wars in the broadband consumer market and the decline in premium rate services revenues and especially television show phone-ins. The two forced revenues down by £151 million, to £890 million, with BT warning that they could continue to decline for the few more quarters.

-- Overseas: The global services unit, which provides networks to multinational companies, rose 6.3 percent to £1.97 billion, while operating profit at the unit climbed to £22 million from £3 million. Analysts also noted that with the wholesale division under pressure, the global service unit and its retail division would have to pick up the slack.

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