Arcep Sees French Mobile-Phone Competition Cutting Jobs
This article is for subscribers only.
French phone companies may eliminate as many as 10,000 jobs to reduce spending as they adapt to increased competition from Iliad SA’s new mobile service, telecommunications regulator Arcep said.
“If carriers’ sales and margins continue to decrease, they will have to cut spending,” Arcep President Jean-Ludovic Silicani told journalists at a meeting in Paris today. “There could be between 5,000 and 10,000 jobs cut” out of an industry workforce of 130,000 in France.