Neil Montefiore, former CEO, MobileOne

BryanP 12/5/2012 | 4:05:21 PM
re: Neil Montefiore, former CEO, MobileOne

Montefiore’s vibrant and energetic management style was a major factor in the company’s growth but now, in times of economic uncertainty, the appointment of the CFO to the main role may be a prudent move. If thetelco industry follows the trends of the last major industry downturn, then we may see a similar trend in other operators worldwide. Glad that Montefiore had a plan B.Not having a plan B of some sort can have disastrous consequences.  In the middle of a recession, banks are typically a lot stricter with lending.  They feel the pinch as well as everyone else, and they don't have the resources to continue with previous practices.

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