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Vodafone results reflect telco insurgence on cable

Q3 2017 produced a mixed bag of fortunes, with cable majors such as Liberty Global posting frankly unsurprisingly poor results, with a 30% net income dive and video subscriber losses, but where some fall, others rise. At present, the ball is in the telco park, where Vodafone was perhaps the standout performer in Europe in the last quarter, posting a significant uplift in broadband subscribers and a small video customer boost in its first half 2017 filing. Vodafone’s impressive rise to 17.1 million broadband customers across Europe from 12.9 million this time last year builds on the strong telco insurgence into cable which has been a long time coming, as cellular operators tap into wired infrastructure for cellular backhaul. Granted,…

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