France Telecom is once again seeing dissension in the management ranks as Jean-Yves Larrouturou, deputy CEO of the telco's international activities, has decided to resign. A France Telecom spokesman said yesterday that Larrouturou will leave the company "in the coming months."
Interestingly, Larrouturou's resignation comes just as Switzerland's telecom regulator denied France Telecom's Swiss subsidiary merger with TDC A/S's Swiss unit. The regulator said that the combined France Telecom/TDC along with Swiss incumbent operator Swisscom "would have a market-dominating position in the Swiss mobile telephony market."
In addition to putting a damper on France Telecom's European expansion plans, Larrouturou's departure is just one of many changes that have occurred in the incumbent's management team since current CEO Stephane Richard took over the company's management reins in March.
- Total Telecom via Dow Jones has this article
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