The head of Britain’s largest mobile phone company EE will stand down after its £12.5 billion sale to BT has been completed after its new owner approved the appointment of a new chief executive.
Olaf Swantee joined the company four and a half years ago after its two shareholders - Orange of France and Deutsche Telekom of Germany - grew frustrated with the rate of progress in integrating the two British networks Orange and T-Mobile under his predecessor Tom Alexander.
He will be replaced by Marc Allera, EE’s chief commercial officer, who joined the network from Three four years ago and was Mr Swantee’s first external hire. He has long been tipped for the top job amid the internal candidates at the company. His appointment