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General

Bouygues Telecom to cut EUR 300 million a year in costs

Thursday 1 March 2012 | 11:21 CET | News
French conglomerate Bouygues announced at its annual report presentation that it planned to cut costs at its telecom business by EUR 300 million a year, reports Les Echos. The transformation of the French mobile market has led Bouygues Telecom to prepare new deals which are still in the pipeline, said group chairman Martin Bouygues. The operator's B&You low-cost brand has recruited 130,000 customers since launch in July 2011. In the first month since Free Mobile's entered the scene on 10 January, 134,000 Bouygues numbers were ported to Free, our of 159,000 net mobile customer losses over the

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Categories: General
Companies: Bouygues Telecom
Countries: France
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