Vodafone appoints Stefano Gastaut as Global IoT chief, IoT business worth €700mn
Vodafone has appointed Stefano Gastaut to the role of Global IoT director to lead the telco's growing Internet of Things business.
Gastaut has headed up Vodafone's operations in Egypt since September 2016 but will now take on the globally-focused role in place of Ivo Rook, who left to join Sprint in September.
According to Global Telecoms Business, he will start in his new position at the beginning of 2018 and will hope to repeat the success he had in Egypt, where revenues grew significantly and 4G connectivity was launched.
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Vodafone's IoT business generates more than €700mn in revenues, with the company unveiling 'V for Vodafone' - its sophisticated IoT network for customers - last month.
"I am looking forward to joining this successful and dynamic team and building on the foundations created by Erik Brenneis," said Gastaut.
"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."
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