Vodafone CEO urges Britain to stay in EU to shape digital market
Reuters
Published Jun 21, 2016 04:08AM ET
Vodafone CEO urges Britain to stay in EU to shape digital market
LONDON (Reuters) - The chief executive of Europe's biggest mobile group Vodafone (L:VOD) warned that Britain needs to remain in the European Union to influence the development of the single market for digital services, one the fastest growing parts of the economy.
"We think the digital single market is the next big opportunity for the economy, in Europe in general and for Britain in particular," Vittorio Colao, chief executive of the British company, told BBC radio on Tuesday.
Colao said Britain was a leader in digital goods and services, and could help set in agenda in areas such as e-commerce and cyber security.
"It would be a great missed opportunity if Britain was trying to sit outside of it and not shaping it from inside," he said.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.