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Telefónica Backs VMO2’s Cost-Cutting Strategy Amid UK Regulatory Headwinds
Telefónica has reaffirmed its backing for Virgin Media O2 (VMO2), its joint venture in the United Kingdom, as the carrier navigates a demanding restructuring initiative and regulatory hurdles surrounding fiber network consolidation. Executives from the Spanish telecommunications giant addressed the strategic partnership during a third-quarter earnings call, providing clarity on the nature of their support…
