Wednesday, 26 July 2017

Vodafone CEO hits out at UK 'remonopolisation', hails results turnaround

By Mary Lennighan, Total Telecom
Tuesday 10 November 15

Vittorio Colao says Openreach inhibits competition, choice; calls for strong regulation of BT/EE merger.

Vodafone chief executive Vittorio Colao on Tuesday launched a scathing attack on the state of the U.K. telecoms market, accusing BT's networks business of exploiting consumers for profit and calling for strong regulatory controls on the incumbent's planned acquisition of mobile operator EE. His comments came in a U.K. radio interview, after the publication of the telecoms group's fiscal first half results, which showed a return to growth in revenue and EBITDA, and an easing of pressure in Europe. "Openreach is clearly…

Vodafone chief executive Vittorio Colao on Tuesday launched a scathing attack on the state of the U.K. telecoms market, accusing BT's networks business of exploiting consumers for profit and calling for strong regulatory controls on the incumbent's planned acquisition of mobile operator EE. His comments came in a U.K. radio interview, after the publication of the telecoms group's fiscal first half results, which showed a return to growth in revenue and EBITDA, and an easing of pressure in Europe. "Openreach is clearly…

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