HomeBusinessEurope needs to soften competition stance in telecoms sector, Telenor CEO says

Europe needs to soften competition stance in telecoms sector, Telenor CEO says

OSLO : Norway’s Telenor hopes the European Commission will change its stance on competition in the telecoms sector and permit for extra consolidation and thereby encourage investments in infrastructure, its prime government informed Reuters on Wednesday.

“The European Commission needs to adopt a different view here, which allows for consolidation in the European context, or we will become more and more marginalised compared to other parts of the world,” Telenor CEO Sigve Brekke mentioned in an interview.

(Reporting by Victoria Klesty, enhancing by Gwladys Fouche)

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