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Wireless

Iliad impact 'starting to moderate' - Vodafone CEO

Wednesday 15 May 2019 | 14:29 CET | News
The impact on the Italian mobile market of low-cost challenger Iliad is starting to wane and may soon stabilise, according to Vodafone CEO Nick Read. "In Italy, competitive intensity has begun to moderate… and MNP activity has fallen back to levels experienced prior to Iliad's entry," said Read in a conference call following the publication of Vodafone's quarterly results. He added that he fully expected Iliad to increase its pricing over time because it's "structurally unprofitable at current levels".

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Categories: Mobile & Wireless
Companies: Iliad / Iliad Italia / Vodafone Italia
Countries: Italy
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