EE Chief Boosts Speed as Cars to Watches Will Connect to NetworkRobert Valpuesta and Caroline Hyde
EE, the biggest wireless company in the U.K., plans to keep making its network faster this year to lure commuters and other clients wanting quick data and video transfers, and as more types of device are connected.
“We will stay ahead in terms of coverage” and speed, Chief Executive Officer Olaf Swantee said in an interview with Bloomberg TV in Barcelona today. Commuters are a large market and this year will be the “starting point” in a trend for connected objects such as cars, watches and glasses, he said.
EE began selling faster fourth-generation services in October 2012, gaining a head start on competitors including Vodafone Group Plc, which had to wait until 2013 to obtain suitable spectrum for the technology in a government auction. Nokia Oyj won a contract to complete building EE’s high-speed, 4G mobile network, the Nokia Solutions and Networks unit said yesterday.
EE’s joint owners, France’s Orange SA and Germany’s Deutsche Telekom AG, are happy with the company’s growth, Swantee said.
“The joint venture is working, so why not continue?” he said when asked about the potential for an initial public offering. On the subject of possible acquisitions for EE, he said there’s no need to do anything in the U.K. at the moment.
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