Stephane Richard is far more attuned to the market than Didier Lombard.

When you love competition, you don't want the market to consolidate.

Telecoms is a national business. There isn't a European market. There's no Telecom Italia in France.

France has a specificity - the market players who provide Internet access are the telecom operators, and all of the players are French. They had a habit of, let's say, getting along with each other, and the prices traditionally were very high.

In life, you need a house and a car. After that, you have a choice.

If you are worried about the risk to your reputation, you don't launch a telecoms firm in an aggressive way.