February 1, 2018 / 8:24 AM / 21 days ago

BRIEF-Vodafone says promotions in Spain largely ended, Italy remains competitive

Feb 1 (Reuters) - Vodafone:

* CFO SAYS Q3 WAS A HEAVY PROMOTIONAL QUARTER IN SPAIN, CHURN INCREASED, BUT PROMOTIONS HAVE LARGELY ENDED

* CEO SAYS COMPETITION IN ITALY REMAINS “PRETTY INTENSE” IN ORDER IN PREPARE FOR THE ARRIVAL OF NEW ENTRANT

* CEO SAYS BT OPENREACH FIBRE PLAN IS GOOD NEWS BUT HAS TO BE TRANSLATED INTO COMMERCIAL OFFERS Further company coverage: (Reporting By London Bureau)

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