We have complained in the past about the roundabout thinking of network operators that focus intensely on reducing ‘cost-per-bit.’ In some cases, operators become so focused on cost reduction that they trim themselves into redundancy and stymie innovation. But there are certain providers, such as the great behemoths of Vodafone and BT, that have desperately needed to trim down their archaic and unwieldy businesses. In the case of those two operators, their efforts are coming to fruition and investors are starting to pay attention to them again. Earlier this year, BT shocked stock market naysayers that had placed a £300 million short bet on the operator, which required that the share price would fall – chiefly the Canada Pension Plan…