Arun Sarin
Arun Sarin
Arun Sarinis an Indian-born American telecommunications executive...
company falling investing margins turning
Falling margins are very much part of turning the company around. You can't turn around without investing in customers.
margins
The place where our margins are really being impacted is in Japan,
acquire almost customers decline half margin quarters retain spending three year
Almost three quarters of our margin decline in the first half of this year is because we are spending to retain and acquire customers there.
asia company global leadership presence
We are the only company that has a substantial presence in Asia and we have global leadership in 3G.
coming customers higher peak season selling share wallet
Our peak selling season is just coming up. The idea that 3G customers will give us a higher share of their wallet is coming true,
benefits clear greatest local regional strong
It has become increasingly clear that the greatest operational benefits come from strong local and regional scale.
days early less mobile revolution services year
You can do many, many things with it (3G technology). These services are less than one year old. It is still very early days and the mobile revolution is just beginning.
continue
We continue to look for opportunities in Asia,
consistent developing footprint global growth strategy
This transaction is consistent with Vodafone's strategy of developing our global footprint in growth markets.
board stay united view
We (Vodafone board members) are united in the view that we need to stay in Japan,
base customer global good grown million products progress
We have grown our customer base to 171 million and made good progress in our 3G and other global products and services,
experience great okay today
Today the experience is okay not great for downloading.
surprises
Those were the big surprises for our shareholders,
current happy plans position
We are happy with our position in the U.S. and have no current plans to exit.