24 September 2006

How Europe's struggling telecoms incumbents compare

(Economist)
Eight years after their industry was liberalised and five years after a financial crisis that brought some close to collapse, Europe's big telecoms incumbents face troubled times. Telecom Italia's woes ? slowing growth in mobile telephony, a decline in core fixed-line revenues, a growing threat from upstart competitors, huge debts and government intrusion ? are common to its dinosaur-like peers in other European countries.