Ottavio Adorisio's questions to VODAFONE GROUP PUBLIC LTD (VOD) leadership • Q1 2026
Question
Ottavio Adorisio from Bernstein questioned the pace of the OXG fiber rollout in Germany, noting that the current rate seems insufficient to meet the 7 million household target in the planned timeframe and asking about the plan for acceleration.
Answer
Group CEO Margherita Della Valle acknowledged the need for acceleration and stated the company is in "catch-up mode." She explained that after a slow start, the build-out is now progressing well with over 30 construction partners engaged, and the ambition remains to accelerate further to meet the original business case. She confirmed the OXG joint venture is fully funded with no investment constraints.