RESEARCH – . The news did not go unnoticed in the summer storm. On August 23, Gregory Rabuel gave up his position as SFR’s CEO to Mathieu Kok. A departure, as abrupt as it is discreet, that marks a new change of direction under the leadership of the second French telecoms operator. This sixth change since SFR was bought by Patrick Drahi-owned Numericable in 2014 brings its share of questions. Does the state of the company justify this change?
On paper, however, trade dynamism appears to be there. In the second quarter, SFR’s turnover rose 4.5% to 2.8 billion euros, and it added 1.3 million customers to its mobile offerings in the three months. Let’s quickly forget that 700,000 of these new subscribers come from the acquisition of mobile virtual operator (MVNO) Syma.
These add to the 1.5 million customers acquired over the past year through the successive acquisitions of two other MVNOs, Prixtel and Coriolis…
Source: Le Figaro
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.