REUTERS NEXT-Vodafone CEO urges Europe to allow mobile phone groups to scale to drive investment

Vodafone's CEO has called on European authorities to allow mobile phone companies to scale up and consolidate, arguing that this would drive investment in the sector. The CEO made the comments at the Reuters NEXT conference, emphasizing the need for Europe to create an environment that fosters growth and investment in the telecom industry. This would enable mobile phone groups to better compete with global rivals and invest in emerging technologies such as 5G.