Tuesday, 27 July 2021

Vodafone’s operating cost savings keep its dividend afloat

by Harry Baldock, Total Telecom
Tuesday 12 May 20

The operator revealed that it is targetting €1 billion in further cuts over the next three years

The financial strain COVID-19 is having on telcos is beginning to show.   Last week, BT announced that it was suspending its current dividend and that of next year, estimating a saving of £2.5 billion. Prior to this, Orange announced it was reducing its dividend by 30% as a result of coronavirus-related losses…

The financial strain COVID-19 is having on telcos is beginning to show.   Last week, BT announced that it was suspending its current dividend and that of next year, estimating a saving of £2.5 billion. Prior to this, Orange announced it was reducing its dividend by 30% as a result of coronavirus-related losses…

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