It looks as if BT have given up on trying to dominate the supply of broadband services to its customers, following the release of the telco's financial figures this week. Ben Verwaayen, BT's chief executive, has always made it public that the retail arm of its business will aim for at least 40% of the market. However the latest figures show a slip from 30% to 28% this quarter.

In this financial years' the first quarter, BT's revenues from its traditional business fell 6% to £3.35bn while its "new wave" revenues - from new businesses such as broadband and its IT service operation - increased 48% to £1.385bn.

BT are seperately banking on its new services such as television over broadband, which BT will trial next year, attracting new customers. Mr Verwaayen said BT would not become a broadcaster, instead offering services such as online family video diaries and secure web-video calling.