18 December 2017
VODAFONE APPOINTS NEW INTERNET OF THINGS GLOBAL DIRECTOR
Vodafone announced today that Stefano Gastaut, the current Chief Executive of Vodafone Egypt, will become the new global Director of Vodafone’s Internet of Things (IoT) business unit from 1 January 2018.
A recognised global leader in its field, Vodafone’s IoT business generates more than €700 million in revenue, manages 62 million IoT SIMs, supporting services in over 190 countries. It has a unique position in the automotive sector and has been positioned as a leader in the relevant Gartner Magic Quadrant report* for the last four years.
In his two years at Vodafone Egypt, Gastaut improved customer experience in both the consumer and enterprise sectors, successfully launched 4G and strengthened the company’s leadership position by growing revenues and improving market share from 40% to 45%. Before his role in Vodafone Egypt, Gastaut was CEO of Vodafone’s Partner Market business and was responsible for forming strategic alliances with local mobile operators around the world.
Commenting on his appointment Vodafone Group Enterprise Director Brian Humphries said, “Stefano is joining our IoT business at an exciting time in its development. We believe that he will build on our leading position in IoT and open up new opportunities with customers worldwide.”
New Vodafone Global IoT Director Stefano Gastaut added, “I am looking forward to joining this successful and dynamic team and building on the foundations created by Erik Brenneis. Undoubtedly, IoT will play a significant role in transforming many businesses globally and I am confident that Vodafone will be the first choice partner to help customers use IoT to succeed in a digital world.”
*Gartner, Magic Quadrant for Managed M2M Services, Worldwide by Eric Goodness, Leif-Olof Wallin, Aapo Markkanen, Godfrey Chua Published: 23 October, 2017. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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Notes for Editors
Vodafone Group is one of the world’s largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone Group has mobile operations in 26 countries, partners with mobile networks in 50 more, and fixed broadband operations in 19 markets. As of 30 September 2017, Vodafone Group had 522.8 million mobile customers and 18.8 million fixed broadband customers, including India and all of the customers in Vodafone’s joint ventures and associates. For more information, please visit: www.vodafone.com