After weeks of lynching through the media by the historic operators, Free Mobile through the voice of its founder just to dot the “i” in an opinion given free to the newspaper Les Echos. accused of destroying jobs at its competitors and benefit from investment by competitors, Xavier Niel is explained on the “Myths and Realities”
Employment side, Xavier Niel points out that long before his arrival, between 198 and 2009, the number of positions in the sector fell by 52,000 before rebounding recently. Niel asks: “Effect of the fourth license? “. Side offshore call center, the founder of Free explains that it began long ago in the traditional operators who have not waited for Free to adopt this strategy. For his part Free Mobile has hired 1,500 people (it is very little but Free Mobile does not have groins of 10 stores throughout France unlike Orange and SFR).
Xavier Niel, believes that competing operators should rather restrict their dividends instead of accusing them of upsetting Free Mobile Market …
“Before, it was the regulations and taxes that were the pretext for discipline among operators, now it’s Free Mobile. The goal is always the same, maximize the dividend by hiding behind a scapegoat. “
Side of iLiad (Free Mobile), the rate of dividend distribution is flush with the daisies …
“In the crudest terms it means that the oligopoly will distribute dividends more than it invests, and these dividends go overwhelmingly with institutional investors rarely resident in France.”
He added: “An oligopoly is rarely virtuous (note: consisting of the three incumbents). The employment and investment are to him the concerns of second rank far behind the rent-seeking.Competition, reasonably regulated, I think the only way to reconcile respect for the consumer and safeguarding the public interest and overall balance, “says Niel. “Even with Free Mobile, the three incumbents will remain very prosperous” !
Source | Les Echos Via Boursiers.com
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