Vodafone recognises higher losses from Ono

Vodafone has estimated that cable unit Ono made losses of €642 million last year after cleaning up the company’s accounts, according to local press. Accounts filed with the companies register, the Registro Mercantil, Ono made a €642 million loss as a result of debt repurchases, impairment losses, bad debts. Senior members of Ono’s previous management […]