O2 UK Chief Executive Ronan Dunne is leaving the company at the end of this month and will be replaced by his finance chief Mark Evans.

The change comes two months after the European Commission blocked the merger of O2 and Three in the UK on competition grounds.

Telefónica, which wanted to dispose of its UK subsidiary to boost its balance sheet, announced two weeks ago that it had pulled the plug on a sale.

This came just a week after the UK voted to leave the European Union.

Dunne, who ends a 15-year stint at the UK-based mobile operator, said the decision to reconsolidate the business into parent company Telefónica represented “an important and positive milestone for the business".

During his tenure, O2 UK grew its customer base from 18 million to 25 million.

Evans, who has been CFO since January 2012, also serves as Chairman of Tesco Mobile.

He has previously been CFO at Vodafone and Group Financial Controller at Virgin Media.

Evans said: “I am hugely excited by the opportunity to lead O2 through its next chapter.

“O2 has a track record in redefining itself to keep pace with technology change and customer demand, and has an enormous amount to offer within the evolving telecoms market.”

José María Álvarez-Pallete, Executive Chairman of Telefónica SA commented: “I am delighted to announce the appointment of Mark Evans as CEO of Telefónica UK.

“Mark’s contribution as CFO has been instrumental in delivering revenue and profit growth over the last four years and I know the business will be in good hands with him as leader.

“I would also like to take this opportunity to thank Ronan for his outstanding leadership, dedication and achievements not only as O2’s longest serving CEO but his support and contribution as a member of the group executive to Telefónica’s transformation journey.

“He has led the O2 brand to achieve great things on behalf of its customers, employees and shareholders and built a team of talent to be proud of.”

More News

Iliad enters content game in France, finally launches Italian mobile business Iliad enters content game in France, finally launches Italian mobile business Iliad has acquired football rights in France and launched its opco in Italy as it looks to reboot after a disappointing set of financial results. More detail
Three UK appoints new CCO, CFO Three UK appoints new CCO, CFO The departure of Three UK's Chief Commercial Officer after just 18 months in the job has triggered a shake-up of the mobile operator's top team. More detail
TalkTalk to sell enterprise customer base to Daisy as it registers full-year loss TalkTalk to sell enterprise customer base to Daisy as it registers full-year loss TalkTalk has agreed to sell 80,000 business customers to rival Daisy Group in a £175 million deal. More detail
A1 Telekom Austria Group rebrand reaches Bulgaria A1 Telekom Austria Group rebrand reaches Bulgaria Bulgaria is the third A1 Telekom Austria Group opco to get rebranded as the telco looks to market itself as a provider of "advanced" IT, IoT, cloud and content services. More detail
Orange Business Services puts IoT to use on saving ships’ fuel costs Orange Business Services puts IoT to use on saving ships’ fuel costs Orange Business Services has expanded its work with Dobroflot by developing a customised IoT solution for the Russian fishing company. More detail
    

 

European Communications is now
Mobile Europe and European Communications

  

From June 2018, European Communications magazine 
has merged with its sister title Mobile Europe, into 
Mobile Europe and European Communications.

No more new content is being published on this site - 

for the latest news and features, please go to:
www.mobileeurope.co.uk 

 

@eurocomms