$VOD (-0.32%) hard times
For the current fiscal year, the company expects free cash flow to slump by around a third to 3.3 billion euros. Analysts had previously expected 3.6 billion euros.
As described in the article ⏬ I too have just cancelled my contract due to the price increase 💁
https://www.inside-digital.de/news/vodafone-am-abgrund-tausende-kunden-kuendigen-ihre-vertraege
"Our performance was not good enough": Vodafone cuts more than one in ten jobs
The telecom group is struggling with falling profits, and this year revenues are expected to decline once again. The new boss is responding with job cuts.
Are you a customer?
Vodafone has been increasing the prices for Internet connections for existing customers since May 2023. The vzbv considers these price increases to be illegal. It believes that consumers should only have to pay the agreed prices and is considering a class action lawsuit. Tell us about your case!
You are a shareholder? Escape or sit out?