Who's Running This Company?

Boardroom putsches are nothing new at France's state-owned enterprises, especially when a new government settles in. But the recent changes at France Telecom border on buffoonery. The phone company has had two presidents in two weeks as warring factions within the government clash over the pace of change. Until the confusion ends, France will slip behind as other countries prepare their phone utilities for Europewide deregulation in 1998.

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