Vodafone appoints Egypt CEO as IoT head

Vodafone Group named Stefano Gastaut, current CEO of its Egyptian business, as the new global director of its IoT unit.

In a statement, Vodafone said the appointment will be effective from 1 January 2018, with Gastaut replacing Ivo Rook who left the role to join Sprint’s IoT team in June.

Gastaut will take on the role at a time when the company continues to accelerates its IoT strategy following the launch of V by Vodafone (its consumer IoT offering) in November, as well as an intensified focus on its enterprise offering.

The new IoT director spent two years as head of Vodafone Egypt, a period during which the operator launched 4G and grew its market share from 40 per cent to 45 per cent, the company stated.