France’s antitrust authority has announced its approval for cellphone operators to collaborate and share their network towers as well as share their networks in rural areas of the nation. According to reports, the approval does not come lightly as the authority noted it would keep a stern watch on competition between the four major players of France’s mobile industry, especially when companies share network equipment. But according to the authority’s Chairman Bruno Lasserre, the agreement “seems completely compatible with maintaining competition in network infrastructure.” Additionally, according to reports the move comes as other authorities, such as Arcep – France’s telecommunications regulator – has pushed for higher competition in the market; mobile operators have cut prices to keep up with stiff competition though have struggled to keep profits high.
Full Content: Fox Business
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