Vodafone takes €1.9bn punch to wallet thanks to India's decision on airwave licence fees

UK profits also down due to opex shift to IBM's cloud

Vodafone reported a loss of €1.9bn (£1.6bn) in its latest half-year results ended 30 September, chalked up mainly to India's decision to change the way it charges telcos for using airwaves.…

via The Register - Data Centre: Networks
https://go.theregister.co.uk/feed/www.theregister.co.uk/2019/11/12/vodafone_reports_loss/