Vodafone, China Mobile and Verizon Wireless could deliver ?unbeatable? customer experience if they collaborated more closely, according to Vodafone CEO, Vittorio Colao.
Vodafone already owns a 45% stake in Verizon, the second-largest phone company in the US, and a small but significant 3.3% stake in China Mobile. Verizon this week revealed impressive Q4 2008 earnings of USD1.24bn, a 15% year-on-year increase.
China Mobile, as the largest phone company in its home country, is poised to benefit from the exploding telecoms market in the world’s fastest growing economy. Vodafone is already collaborating with China Mobile on mobile internet services. Along with Japanese mobile operator Softbank, the firms launched a research project last year aimed at accelerating the roll-out of mobile internet. However, Colao says he wants to see ?stronger and tighter co-operation" between the firms.
"China Mobile is very strong in China. Vodafone is very strong in Europe, Africa and India. Verizon is very strong in the US. If these three companies could work more closely together in the management of customers, procurement and service creation, we could be unbeatable, quite frankly." Said Colao, during an interview with the Financial Times.
StrategyEye's related categories: Mobile Operators
StrategyEye's related companies: China Mobile, Vodafone Group Plc, Verizon Wireless
