Vodafone sinks more cash into Economy of Things venture, amid ‘strategic realignment’

Joe Purnell2025-12-10T15:10:00

Source: Pairpoint

Vodafone–Sumitomo JV Pairpoint secures another €30m from backers, initiates strategic reset, and hunts for a new CEO as losses mount…

This article includes:

Themes: Blockchain platform; Customer acquisition; Digital innovation; Early-stage ventures; IoT sales channels; Market acceptance; Pilot projects; Revenue generation challenges; Strategic realignment; Venture capital investment.
People: Amanda Jobbins; Jorge Bento; Ken Uesugi; Tim Boddy.
Geographic: Ethiopia; Germany; Japan; United Kingdom.
Organisations: Aduna; AST SpaceMobile; Continental; Deutsche Telekom; Modini; Orange; Pairpoint; Safaricom Ethiopia; Sumitomo Corporation; Telefónica; Utiq; Vodafone Group; Vodafone IoT; Vodafone Investments.

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“The detail is very good. Better than we get internally.” – GM, Vodafone OpCo

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