Liberalization of the telecoms market a partial failure in the view of the Orange boss
Orange CEO Andreas Wetter believes that the liberalization of the Swiss telecoms market has at least partially failed. Nevertheless, the head of the telecoms group would agree to a monopoly on fiber optics by industry leader Swisscom.
Orange CEO Andreas Wetter believes that the liberalization of the Swiss telecoms market has at least partially failed. Nevertheless, the head of the telecoms group would agree to a monopoly on fiber optics by industry leader Swisscom. Wetter made this statement in an interview with the Basler Zeitung newspaper on Friday, according to SDA.
Nevertheless, the alternative providers should not be disadvantaged in terms of time, Wetter qualified. They should all be able to connect their services to the fiber optic network at the same time. Wetter justifies his criticism of the liberalization of the telecoms market with the few remaining market participants and Swisscom's 70% share. Wetter also criticizes the dual role of the federal government, which owns a majority stake in Swisscom and regulates the telecoms market at the same time.
According to Wetter, Orange, Sunrise and Cablecom must join forces in order to stand up to the former monopolist. In his opinion, consolidation is unavoidable. The outgoing Orange boss, who will take over as Chairman of the Board of Directors at the beginning of August, can also imagine partnerships in sales, marketing, purchasing and distribution.
Nevertheless, the alternative providers should not be disadvantaged in terms of time, Wetter qualified. They should all be able to connect their services to the fiber optic network at the same time. Wetter justifies his criticism of the liberalization of the telecoms market with the few remaining market participants and Swisscom's 70% share. Wetter also criticizes the dual role of the federal government, which owns a majority stake in Swisscom and regulates the telecoms market at the same time.
According to Wetter, Orange, Sunrise and Cablecom must join forces in order to stand up to the former monopolist. In his opinion, consolidation is unavoidable. The outgoing Orange boss, who will take over as Chairman of the Board of Directors at the beginning of August, can also imagine partnerships in sales, marketing, purchasing and distribution.
