Telecommunications giant Orange SA has slammed the European Commission for being unable to handle the number of telco companies throughout the region, claiming the EU’s stance against telco mergers is harming the sector. Orange Chairman and Chief Executive Stephane Richard told media Monday that the Commission is holding back the strength of the telecommunications market and denounced the existence of only one regulator for the entire sector. Further, Orange spoke out against proposed drops in roaming taxes. Richard told a reporter that EU regulators are dated in their oversight and do not “understand that the world has changed.” Orange was raided by competition officials just days ago in part of an investigation into the company’s dominant position in providing Internet connections, say reports.
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