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VodafoneThree is looking into a new high-speed underwater cable that would connect Scotland, Shetland, and Norway.

MarketRead the original at prnewswire.co.uk
Neutral

VodafoneThree's proposed cable could improve UK connectivity, but only a study is planned for summer 2027. Its possible £8.2 billion in wider economic value is not stated Vodafone income, so the outlook is unchanged.

VOD · Vodafone Group Plc

AI read · Neutral

The AI's read

The cable could improve routes for data and critical services, which may help Vodafone's UK network. The £8.2 billion figure is an estimate of value to the wider economy, not money promised to Vodafone. The study is expected to start in summer 2027, and no cable build or company income is confirmed. That leaves Vodafone's outlook unchanged.

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