Free's Low Rates Rattle French Telecom IndustryBy
Xavier Niel, the entrepreneur who shook up France’s telecom establishment by introducing super-cheap Internet access, is on the move again. With rates as low as €2 (about $2.60) a month, the Free Mobile phone service launched in January by his Iliad group has lured an estimated 2 million subscribers away from competitors. “There isn’t another operator in the world that has won as many subscribers as us in such a short time,” Niel said at a recent press conference.
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