France Telecom’s new CEO rules out major purchases

www.WirelessFederation.com/news: Any possibility of making any major acquisitions in the short term has been ruled out by France Telecom’s (FT’s) incoming chief executive officer Stephane Richard, who will replace Didier Lombard from 1 March 2010. However, he also expressed his plan to seek out opportunities to grow in Europe through joint ventures.

According to Richard, the firm will soon publish its eagerly awaited plan for the deployment of high speed broadband networks in France.