French Government Plans to Launch Telecom Industry Jobs Discussions
July 17 2012 - 3:03PM
Dow Jones News
By Nadya Masidlover
PARIS--The French government is planning to carry out a series
of consultations within the country's telecom sector as a step
toward introducing measures in favor of investment and jobs in the
industry, which has been hit by effects of a brutal price war.
The statement issued by the Industry Ministry comes as French
telecom heavyweights struggle in the face of fierce competition
following the entry in January of a fourth mobile-phone operator,
Iliad SA's (ILD.FR) Free Mobile.
On Tuesday, industry minister Arnaud Montebourg and
high-technology minister Fleur Pellerin met with representatives of
the four French telephone heavyweights, after two flagship
companies, Bouygues SA (EN.FR) and Vivendi SA (VIV.FR), announced
restructuring plans in their telecom units.
Write to Nadya Masidlover at nadya.masidlover@dowjones.com
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