Vittorio Colao

Vodafone CEO to step down after 10 years

Vodafone chief executive officer Vittorio Colao is due to step down in October after 10 years in charge of the telecoms giant. In a succession statement released to coincide with Vodafone’s latest financial results, the Vodafone board announced that Colao will be replaced by group chief financial officer (CFO) Nick Read on October 1. Prior […]

Liberty Global reportedly back in talks with Vodafone

Liberty Global and Vodafone have resumed talks about a possible corporate tie-up, according to a report by The Register. The online news service, citing un-named sources, reported that Liberty Global’s chief development officer Andrea Salvato is leading Liberty’s negotiations. Citing what it describes as a well-placed source, The Register says that Vodafone could sell its […]

Vodafone putting UK TV plan ‘on hold’

Vodafone has put its plans to launch a TV service in the UK on hold, according to a report in The Telegraph newspaper. The paper cited Vodafone CEO Vittorio Colao as saying that the service was ready to launch within weeks if the company felt it was necessary but said that Vodafone now had other […]

Vodafone and Liberty Global agree Dutch merger

Vodafone and Liberty Global have agreed to merge their Dutch operations, forming a 50-50 joint venture that will combine Ziggo’s fibre broadband network with Vodafone’s mobile operations. The firms said that through the deal they will create a unified communications provider in the Netherlands – with complementary strengths across video, broadband, mobile and B2B services. […]

Vodafone looking at UK TV launch ‘later in calendar 2016’

Vodafone’s CEO Vittorio Colao last week said the telco will launch its much-delayed UK TV service “later in calendar 2016”, without giving further details. Speaking on a conference call with analysts after Vodafone released its results at the end of last week, Colao said that the addition of a TV product would enable Vodafone to […]

Vodafone’s Humm to quit in European management restructure

Vodafone Europe CEO Phlipp Humm is to leave the group as part of a wider restructuring its European management organisation, with chiefs of the four largest European markets to report direct to Vodafone CEO Vittorio Colao. Effective from October 1, Hannes Ametsreiter in Germany, Aldo Bisio in Italy, Jeroen Hoencamp in the UK and Antonio […]

Vodafone plans mobile TV push with app overhaul

Vodafone has announced plans to enrich its My Vodafone app “in a massive way”, adding functionality like video so that it acts like “a TV in your hands.” Speaking on the company’s fiscal fourth quarter and fully year earnings call yesterday, CEO Vittorio Colao said that Vodafone currently has 12.5 million My Vodafone app users, but claimed […]

Vodafone could look at Liberty Global, says Colao

Vodafone could acquire Liberty Global at “the right price”, according to CEO Vittorio Colao, as reported by Bloomberg. Colao told Bloomberg News at the end of last week at a Goldman Sachs investors conference that his company could consider a “transformational” M&A deal in the “longer term”. Liberty Global’s stock rose sharply on the comments.

Vodafone in reported €7 billion bid for ONO

Mobile telecom giant Vodafone has reportedly tabled a €6.9 billion bid for ONO. According to Spanish newspaper Expansión, citing sources close to the process, the cable operator’s board will consider the all-cash offer for 100% of the company’s capital today. The deal would include ONO’s €3.417 billion of debt, leaving about €3.48 billion for the […]