CEO Stephane Richard looks for new ways of monetising data traffic.
France Telecom will announce partnerships with US-based Internet companies soon, Chief Executive Stephane Richard said Tuesday.
France Telecom has been seeking partnerships with web players and content providers to find new ways of generating revenue from the rapid surge of mobile data traffic.
Richard said the company will seek to establish more partnerships with peers and also with web companies, as the future of the telecoms industry will be made more of cooperation than competition.
“We need more cooperation with content providers to be more efficient in data monetization,” Richard said, speaking at the group’s investor day in Paris.
The CEO didn’t say which companies the telecom operator might strike deals with. However, he said he has had a very positive exchange with Google Inc. executives recently about finding new revenue streams from the rise in data traffic.
