
Vodafone today said it was set to lose more than 4 million customers in Germany as the telecoms giant prepared for a 400 million euro (£340 million) knock from regulatory change in its biggest market.
The Paddington-based business said it anticipated it would only retain about half of its 8.5 million TV customers based in multi-dwelling units following new laws on those contracts which come into effect in July. The customers are currently worth around 800 million euros annually to the business.