Wall Street Journal – Vodafone Reports Full-Year Organic Revenue, Profit Growth

Analysts wondered if that figure could be even higher. “You’re digging holes in the ground and putting fiber there, which is a costly endeavor,” said Bengt Nordström, a former telecom executive who now runs the Swedish consultancy Northstream. “The upside is, once you connect the customer, they’re your customer for the next 20 to 30 years.”

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Bloomberg - Vodafone CEO Sees Shifts in U.K. Market After Blocked Deal

Slowing down on capital spending now “might be a bit too optimistic,” said Bengt Nordstrom, CEO of Stockholm-based consultancy Northstream AB. “Expanding business in fixed, pulling fiber to consumers and enterprises, requires a generally higher capex than mobile.” Read full article Related
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