BT has posted revenues of £4,475m in its Q3 2014 results with adjusted EBITDA of £814m.
Gavin Patterson, Chief Executive, said: "This quarter we have delivered good growth in profit before tax and strong free cash flow.
"Openreach achieved the highest growth in the number of landlines on record. It was also our best ever quarter for fibre broadband net additions All the major communications providers are responding to the strong market demand for fibre broadband, helping to drive take-up in what is already a very competitive market.
"Our superfast fibre broadband network now covers around three quarters of the UK.
"We're announcing large-scale pilots this summer of ultrafast broadband with G.fast.
"We now think we can deploy this technology at scale which will enable us to deliver ultrafast speeds of up to 500Mbps to most of the UK within a decade.
"I am pleased that we have agreed the 2014 triennial funding valuation and recovery plan with the Trustee of the BT Pension Scheme.
The funding deficit is £7.0bn at 30 June 2014, an increase from 2011 reflecting the low interest rate environment. Over the next three years we will pay £2.0bn into the scheme, which is less than we paid over the previous three years. We have agreed a 16 year recovery plan reflecting the strength and sustainability of our future cash flow generation.
"Mobility is a key growth area for us. We are making good progress on our due diligence in relation to a possible acquisition of EE and will make further announcements in due course.
"In the meantime, our Consumer mobile launch plans remain on track."