VMO2 to axe 30% staff costs, halt fiber build in £800M savings plan

T2Covered by 1 source · first reported by Light Reading / Fierce Network / Telecoms.com / RCR Wireless / Mobile World Live at 03 Nov, 11:45 UTC

UK operator VMO2 unveiled a savings plan that will reduce staff costs by 30% and pause fiber build in response to a tough economic environment and fiber market.

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Sources

• T2VMO2 to axe 30% staff costs, halt fiber build in £800M savings planLight Reading / Fierce Network / Telecoms.com / RCR Wireless / Mobile World Live03 Nov, 11:45