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.

Mark Zuckerberg did his own software for Facebook, and Larry Page and Sergey Brin made their own for Google.

France has the least social mobility of any developed country. The social elevator no longer works. It's broken.

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