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Vodafone earnings demonstrate inability to walk the walk in TV

Vodafone knew full well what was approaching and has been hell bent on hyping up its telco TV service this year – hoping to glaze over the inevitable event of its subscriber base falling off a cliff. Video losses for the quarter ended September tallied 72,000 across Germany, Italy, Spain, Portugal and the Netherlands, hit hardest in Spain to the tune of 66,000 cancellations– making it a total drop of 98,000 in the country over the last two quarters. Without premium soccer rights, the European telco’s core TV business has been left vulnerable, a situation Orange and Telefónica in Spain have taken full advantage of. “Going forward, unless football rights are available on profitable terms, we intend to focus our…

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