Nick Read, finance director since 2014, will replace him.
On the face of it this appears to be sensible timing for change.
The announcement came as Vodafone reported an annual profit of €2.8bn (£2.5bn), compared with a loss of €6.1bn a year ago when it wrote down the value of its Indian business. Vodafone said the appointments followed an internal and external search for candidates. "Colao has made a decision to leave before people start saying, 'You've been in the job too long"'. Colao was appointed CEO in July 2008. Other revenue, including mobile terminations and inter-network operator fees grew 19.5 per cent to €5.5bn.
"The overall improvement in Vodafone's fortunes over the last 10 years is less evident in the United Kingdom, the company's worst major European market, albeit that some of this reflects an inherently more competitive mobile market with four strong players", he added.
Steelers minority owner David Tepper set to buy Panthers
Lawyers were still going through the final points of the sale yesterday in Charlotte, and no speed bumps are expected in the deal. The Carolina Panthers will stay in North Carolina, after reportedly being purchased by the Pittsburgh Steelers' minority owner.
"Following the completion of Idea's equity raising in February 2018, under the terms of the merger agreement with Idea the Group intends to inject up to 1 billion euro (around Rs 7,500 crore) of incremental equity into India, net of the proceeds of the sale of a stake in the joint venture to the Aditya Birla Group (ABG), prior to completion", Vodafone said.
By creating India's largest telecoms operator, Vodafone is seeking to reverse its troubled fortunes in the country, where the company's revenue slumped 18.7 percent during its last financial year.
"It really is an opportunity to elevate what we offer for our customers", Read said to reporters.
Telecommunication giant Vodafone's CEO Vittorio Colao stepped down from his position on Tuesday. Analysts have long speculated that the former McKinsey & Co. consultant could shift back to Italy - where he joined Vodafone through its acquisition of Mannesmann - to move into Italian politics.
He added he would be working flat out until his departure in October, but that he had no plans after that. "Frankly today I have none".
Ohtani smacked his fifth home run of the season on Thursday night and improved his hitting line to a stunning.354/.400/.667. The Angels got one back in the bottom of the third when Cozart scored on a chopper to third by Justin Upton to make it 3-1.
Pakistan's top civil and military leaders on Monday condemned a suggestion by ousted prime minister Nawaz Sharif that Islamist militants who killed 166 people in the 2008 Mumbai attacks had crossed the border from Pakistan.
Only the Redmi Note 5 gets some sort of scratch protection with an unspecified version of Gorilla Glass coating on the display. The most attractive mid-range smartphone from Xiaomi , the double curved antenna line on this device is out of the world.
In addition to that, you can employ two 4G SIM cards simultaneously on the RealMe 1 thanks to the Dual 4G VoLTE support. In terms of performance, the device is powered by an octa core MediaTek Helio P60 SoC coupled with Mali-G72 MP3 GPU.
In fact, its Global Transparency Initiative was announced in October a year ago in response to the allegations. We believe these two qualities make Switzerland the ideal place to move part of our sensitive infrastructure".
F1 bosses held talks with Silverstone over staging the sport's 1,000th championship race there next year. We could just as easily go to the next race and struggle getting our tyres working and be nowhere.
In 2015, the Magic relocated him from the dais to the secluded room where the pingpong balls are drawn from the lottery machine. So far, only Oladipo has developed into an All-Star, but Oladipo reached All-Star status as a member of the Indiana Pacers.
An email statement revealed that the R3 consortium created the blockchain technology used to facilitate the trade deal. The announcement is excellent news not only for the bank but also for the companies involved in global trade finance.
Users will be able to pick up the Honor 10 on May 15th starting at 16:00 BST inside the UK, France, Germany, Italy, and Spain. The phone not only retains the 3.5 mm headphone jack but also uses a AK4376A Hi-Fi DAC for 32-bit/192kHz audio playback.
Apple CEO Tim Cook praised Parkland, Florida high school students for standing up against gun violence, The Hill is reporting. In 2014, meanwhile, hackers were able to access private photographs belonging to celebrities before posting them online.
Observatory scientist Steve Brantley says this most recent fissure measures 1,000 feet (300 meters) but is not acting vigorously. The new fissures over the past two days only add to the concern already building that a violent explosion may be yet to come.
Ms Marvel coming to big screen?
Marvel's recent Avengers: Infinity War is now in theatres and has broken multiple box office records in India and around the world.
North Korea dismantling nuclear test site: Satellite images
But no observers from global atomic monitoring agencies have been invited, raising concerns over the openness of the process. North Korea carried out six nuclear tests between 2006 and 2017, and they stated that the final test was a hydrogen bomb.
HP Expands on latest HP Elite 1000 and HP ENVY Products
HP rates this model for up to 12 hours and 45 minutes of usage, which we look forward to testing with the Laptop Mag Battery Test. If you'd prefer more screen real estate, there will be a 15.6-inch Envy x360 15 with the same hardware options starting at $750.
Voter's Guide: May 15 PA Primary Elections
Two races in our area are being watched closely, the Democratic primary in the 7th district and the Republican Senate primary. If you registered to vote as a Republican or Democrat before April 16th, you can vote for candidates within your party.