Vodafone CEO Colao Backs Monti as Italian Prime Minister

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Vodafone Group Plc Chief Executive Officer Vittorio Colao threw his backing behind Italian Prime Minister Mario Monti, who will step down amid parliamentary opposition and may be offered a second term.

“Italy needs a leadership which is competent, hard working and has great integrity,” Colao, an Italian, said in an interview yesterday at the Mobile for Good Summit in London. “I can’t think of many people who display those characteristics better than Mario Monti.”