×

After AT&T/Time Warner, BT’s CEO says he’s happy with sports but won’t close door to more

Jason Alden/Bloomberg via Getty Images

Mega-deals like AT&T and Time Warner show that there's an increasing interest in convergence of networks and content across the globe, the chief executive of U.K. telecoms giant BT Group told CNBC.

"We're seeing around the world a recognition that the convergence of networks and content is something that's good," Gavin Patterson said.


"It means that customers use more and more of the network, which is really want we want to do … And I think what you're seeing in the AT&T Time Warner deal is an example of that."

Patterson himself does not exclude other content options for BT, which currently focuses its investment in sports content.

"We are very happy with sport at the moment, it's working for us. We don't close the door in terms of other options going forward," he said.

BT Group announced Thursday that its earnings before interest, taxes, depreciation and amortization reached £1.89 billion ($2.29 billion) during its second quarter, representing a 31 percent rise on the year.