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Big Telco in Europe thinks Big Tech from the US should pay for network usage, but it shows a cluelessness on the practicalities.
Telcos fanatical about virtualization and the avoidance of lock-in are ultimately facing disappointment.
BT has more to gain from slashing up to 55,000 jobs than Vodafone has from cutting 11,000, and BT's plan looks more feasible.
CEO Philip Jansen expects up to 42% of existing BT roles to have disappeared by the end of the decade, thanks partly to generative AI.
Vodafone's new boss Margherita Della Valle plans to cut 11,000 jobs in three years, raising questions about the European operator's direction.