He will "continue to lead Vodafone Business until the end of the year with specific focus on driving the development of our internet of things IoT activity, including Digital Asset Broker, leading Vodafone's valued external partnerships and alliances and delivering our growth priorities," noted the operator, which added that under Kumar's leadership, Vodafone Business has "consistently outperformed its large telco peers and expanded its services to businesses across Europe and Africa, in addition to launching platforms like VHub and Digital Asset Broker." Whoever replaces Kumar, who is set to "pursue a portfolio career" from next year (which sounds like he will take multiple directorships), will take charge of a large business. At a recent Vodafone briefing in London, Kumar noted that Vodafone Business, which offers services to business users of all sizes and has more than 6 million customers, is currently a €10.5bn annual service revenues operation, roughly 27% of Vodafone Group's total service revenues.