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Vodafone (VOD) CEO Vittorio Colao isn't crazy about 4G: during his company's Q4 earnings call,...
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Friday, February 8, 2:34 PM ETVodafone (VOD) CEO Vittorio Colao isn't crazy about 4G: during his company's Q4 earnings call, he argued most consumers don't notice the difference between 3G and 4G speeds, and said he only saw "technofreaks" at an Everything Everywhere (FTE, DTEGY.PK) store. The likely motivation for Colao's remarks: EE has a major lead on Vodfaone in deploying 4G in the U.K. Heavy debt loads, plunging voice revenue, and a failure to command premium pricing for 4G have led Vodafone and other European carriers to drag their feet when it comes to deployments.
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Using iPhone5/iPad4 _3G_ maximum theoretical DL speed is 42Mbit/s
In 4G both maximum theoretical DL is 100Mbit/s, in practice quite a bit less.
Maybe he is bit more informed about networks than you after all.
It is ridiculous and counter-intuitive to 'fight technology'. Either you meet and exceed the new standard or at best you are relegated to the historical ash can often refereed to in various pieces of literature.
VOD is almost (key word 'almost') to big to fail. None the less poor management skills starting at the top are just another piece of specialized corporate history when it comes to this international behemoth.
I'm long VOD, but I wish management would in the immortal words of Archie Bunker, "dummy-up". Until then I find other places to invest funds more prudently.
Long VOD
So 4G network will be cheaper next year for VOD to deploy.
If VOD competition does not heavily invest to 4G in certain market, it is better for VOD to wait as well. Long in VOD as well