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Orange Boss Sees End To French Telecom Price War


Ron Burgundy
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French telecom operator Orange Chairman and Chief Executive Officer Stephane Richard speaks during a news conference about the 100% fiber optics Orange in ParisThe chief executive of France's telecom leader Orange said on Saturday he believed the price war in the national telecoms sector was coming to a close. Stephane Richard also argued in a radio interview for consolidation in the French telecoms sector, saying a market with three operators would function better than with four. "In France we have among the lowest prices in the world for both fixed and mobile telecoms. In France the entry of low-cost player Iliad into the mobile market in 2012, has put pressure on prices, which Richard said fell by around 45 percent over three years.




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