Tuesday January 21, 2020

Tech behemoths are ‘eating our lunch’, says Digicel director

Industry veteran claims mobile sector is worst performer for stocks, especially in Europe

Ian Guider

Markets Editor

4th November, 2018
Denis O’Brien, founder of Digicel Picture: PA

A director of Denis O’Brien’s Digicel has said that technology giants are eating the revenues of telecoms firms and the industry is seen as providing just “dumb pipes”.

At a conference in London last week, Jean-Yves Charlier, who joined Digicel’s board in September, said mobile companies had left the door open for others to cherry-pick the most profitable parts of their businesses and were suffering as a result....

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