Vodafone’s chief exec Vittorio Colao has gone head to head with BT, lashing out at the upcoming BT-EE merger, which he attacks as the “re-monopolisation” of the telecoms market.
“We see attempts to re-monopolise European markets, and that isn’t good,” said Colao.
His attack follows the by the Competition and Markets Authority’s provisional approval of the £12.5bn mega merger between BT and EE, currently owned by Orange and Deutsche Telekom, which the Vodafone exec described as creating “excessive dominance” which will “30 years of progress” for telecoms markets in Europe.
Full content: Computer Business Review
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