BMI View: The launch of Free Mobile in Q112, along with regulatory measures such as MTR cuts, have exacerbated the pressure on operator financial performance in France. Although new customers continue to be added in the mobile and fixed-line and mobile broadband arenas, the arrival of new players has prompted a bitter price war, adding to the dynamic of price erosion witnessed across the region. These include a decline in the volume of voice and SMS services being consumed – which is not yet being offset by rising usage of non-voice services. In addition, more players are entering the converged …
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