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Vodafone slashes payout to shareholders as 5G costs bite14 May 5:42am

Vodafone slashes payout to shareholders as 5G costs bite

The Guardian
Telecoms group reveals it has swung to a £6.6bn full-year loss as its debts continue to mount Vodafone has slashed its dividend payout to shareholders for the first time in its history as the ballooning cost of buying 5G spectrum in Europe hit its balance sheet. The company – which traditionally hands investors one of the most generous payouts in the FTSE 100 – cut its full-year dividend by 40% as the company swung to a €7.6bn (£6.6bn) loss for the year to the end of March. It is the first time that
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