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Germond: unbundling the local loop is the key
01 November 1999
Cegetel, France's leading alternative operator, already has close to seven million mobile subscribers. In fixed, it is advocating rapid unbundling of the local loop. It is developing a multimedia strategy, drawing on the benefits of its main shareholder's interests in BskyB and Canal +. Cegetel's CEO Philippe Germond talks to Global Telecoms Business about its plans.
Cegetel, the leading alternative service provider to France,
has been calling on the French government to unbundle the local
loop. Khaled Beydoun, a utilities equity analyst at HSBC,
examines the unbundling issue and the role of France's
regulatory authority, ART: "Cegetel feels very strongly that
the regulator is siding with France Telecom on the unbundling
issue. In theory the regulator had promised a decision some
time in the early part of this year. That hasn't come. This has
clearly affected Vivendi's expectations and performance on the
fixed line side. The local access issue is a very important
part of their multimedia strategy, as it gives them access to
Vivendi, one of the world's biggest water utilities, owns
44% of Cegetel. It is also owned by such established
international operators as British Telecom (26%), SBC (15%) and
Mannesmann (15%). The operator's prime asset is its mobile
operation SFR. By the end of...
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