Executive Chairman Vodafone Germany and CEO European Markets, Vodafone
Verified interview transcripts, podcast appearances, and direct quotes from Ahmed Essam, Executive Chairman Vodafone Germany and CEO European Markets at Vodafone. AI-verified speaker identity with full-text searchable transcripts.
“At heart it's an 11 billion of investment to create the biggest widest mobile network in the UK. The UK today trails behind the majority of the European market in terms of 5G and we have a once-in-a-lifetime opportunity to create such an amazing solution for our consumers and businesses in the UK.”
“We completely disagree with the CMA conclusion when it comes to pricing. Our view is that it's not going to be reduced, in fact it's going to be enhanced on the back of this merger. Our proposed merger we see it as pro-competition, pro-consumer and will accelerate investment in the 5G infrastructure that's highly neede...”
“The rate of return in our industry today is a challenge. The third and fourth player, we're not making returns that would go above our cost of capital. Three has been cash flow negative for the past three years, so it's not a sustainable position for us to really accelerate investment going forward.”
“We need to look to the market in a realistic way. What this deal is proposing and what it's bringing is really a third big challenger to add to the competition of the two big companies in the market. So it's really, we need to see it as it's not four to three, it's actually two to three.”
Ahmed Essam, Vodafone Germany's executive chairman, says the firm disagrees with the U.K.'s competition regulator that its merger with Three mobile network will impact pricing in a negative way.
Chief executive of Vodafone Ahmed Essam tells Sky News, the Vodafone-Three merger is 'a transformation for the UK'. He added ...
Vodafone last week announced plans to merge with Three UK in what would be the biggest reshaping of the mobile telephony market in more than a decade. The third and fourth largest operators in the sector would become the biggest player by getting together - leapfrogging EE and Virgin Media O2. It would have nearly 28 million customers and be worth at least £16.5bn. But it faces a lengthy investigation by both the Competition and Markets Authority and will require approval under the UK National Security and Investment Act. Vodafone UK Chief Executive, Ahmed Essam, told Ian King the merger wi…
A message from Ahmed Essam, CEO Vodafone UK and Robert Finnegan, CEO Three UK.
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