Overview

• Vodafone's TV customer base in Germany shrank by 2.2 million in the second quarter of the fiscal year, dropping to 8.9 million.
• The 'Nebenkostenprivileg' allowed landlords to charge tenants for TV services, giving Vodafone a competitive edge, but this advantage ended on July 1.
• Competitors like Deutsche Telekom and internet-based TV services such as Zattoo and waipu.tv gained customers as Vodafone's numbers fell.
• Vodafone aims to retain half of the 8.5 million customers affected by the rule change, with current numbers around 4 million.
• Vodafone's overall service revenue in Germany decreased by 3.9%, with TV business losses significantly impacting the 9.3% drop in operating profit.