NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

French telcos commit 3 billion euros to cover network black spots - report

Published 13/01/2018, 23:04
© Reuters.  French telcos commit 3 billion euros to cover network black spots - report
BOUY
-
ORAN
-
ILD
-
ATCA
-

PARIS (Reuters) - France's mobile telephone operators will spend more than 3 billion euros (2.69 billion pounds) rolling out a 4G network in black spots across the country to ensure there are no coverage gaps by 2020, according to a government minister.

Julien Denormandie, junior minister for territorial cohesion, told the weekly Journal du Dimanche that each of the major operators had agreed to install 5,000 masts and antennas and jointly ensure network coverage along 30,000 km (19,000 miles) of rail tracks.

Orange (PA:ORAN), formerly the state-owned monopoly France Telecom , SFR (AS:ATCA), Bouygues Telecom (PA:BOUY), and Iliad 's (PA:ILD) Free Mobile have all been guilty of under-investing in France's mobile network during the past 15 years, the minister said.

"I want to put an end to 'The network's bad, I'll call you back'," Denormandie told the paper, published on Sunday.

Asked how much financing the state would contribute, the minister replied: "Not a single cent will come from the budget!"

French mobile users frequently complain about the patchiness of the network, lamenting that it can seem inferior to coverage in African countries where telecom companies playing catch-up bypassed fixed lines and invested heavily in mobile technology.

As of July 2017, the 4G networks of SFR, Bouygues Telecom, Orange and Free Mobile covered 74 percent, 70 percent, 69 percent and 47 percent of the population respectively in low density zones, according to the telecoms regulator Arcep.

Denormandie said the three-year rollout plan would bring 4G coverage to more than 10,000 towns and villages currently served by either 2G or 3G networks.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.