European Telecoms: Fragile Industry and CEO Insights at Mobile World Congress

2023-12-17 18:19:42

Christel Heydemann, CEO of Orange, during the opening of the Mobile World Congress (MWC), on February 27, in Barcelona. JOSEP LAGO/AFP

DECRYPTION – Operators and equipment manufacturers are laying off workers with all their might. Too fragmented, the sector is more fragile than ever.

It was a little less than a year ago. In front of all the world’s elite in telecoms, gathered near Barcelona for their annual Mobile World Congress, the general director of Orange, Christel Heydemann, painted a scalpel and gloomy portrait of the situation of European telecoms. On the stage, the leader who had arrived a year earlier at the head of the group then held up a PwC study in which 43% of European telecoms bosses thought they would not reach the next decade. “From fierce competition to sometimes outdated regulations, our sector is faced with conflicting demands,” insisted the boss of Orange.

A year later, no one would risk opposing Christel Heydemann’s analysis. In European telecoms, the year 2023 will have consisted of an uninterrupted succession of social plans emanating in particular from the main companies in the sector. In the United Kingdom, BT (formerly British Telecom) has indicated that it might sell up to…

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