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Vodafone scores points over cablecos as convergence intensifies

The third quarter of 2017 produced a mixed bag of fortunes for broadband operators, with cable majors such as Liberty Global posting 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, and Vodafone was the stand-out 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 17.1m broadband customers across Europe, from 12.9m this time last year, builds on the strong mobile and telecoms insurgence into cablecos’ core markets, which has been a long time coming, especially as MNOs tap into wired…

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