The CEO of French operator SFR has resigned for “personal reasons” as the company continues to try and improve its operational performance.

Michel Paulin (pictured) will be replaced in his position by Michel Combes, Altice CEO and SFR Chairman, after leading the company since January 2016.

The company did not specify whether Combes, a former CEO of Vodafone Europe and TDF, would take on the role permanently or whether a replacement would be sought.

Combes has appointed Alain Weill, CEO of SFR Media and Head of Altice’s Media activities, to help with integrating SFR’s telecoms and media assets, including last year’s acquisition of NextRadioTV.

Michel Combes highlighted Paulin’s “total commitment to the company...expertise and leadership”, adding he had laid the groundwork for the company's ongoing transformation project.

“Alain Weill, the whole SFR management team and myself are fully committed to pursuing the transformation of the company, which we initiated a few months ago, to improve operational performance and prepare the next stages of the Group’s development,” Combes added.

Prior to SFR, Michel Paulin worked at France Telecom, Morocco’s Meditel and as a strategy consultant for McKinsey. He was CEO of Neuf Cegetel before it merged with SFR in 2008.

He thanked the company and its executives for their support and expressed his regret at having to leave the company in the middle of its “marvellous industrial adventure, definitely the most ambitious and sophisticated in Europe’s telecom and media industry”.

SFR is currently undertaking a major investment in its networks, upping its LTE coverage by 17 percent in 2016, as well as targeting convergence of telecoms with media and advertising, and digitalising the customer experience.

The company is set to take the name of holding company Altice as part of a worldwide rebranding project.

In the second quarter of 2017 SFR saw sales down 0.4 percent to €2.76 billion, while EBITDA fell 4.6 percent to €953 million.

More News

Iliad enters content game in France, finally launches Italian mobile business Iliad enters content game in France, finally launches Italian mobile business Iliad has acquired football rights in France and launched its opco in Italy as it looks to reboot after a disappointing set of financial results. More detail
Three UK appoints new CCO, CFO Three UK appoints new CCO, CFO The departure of Three UK's Chief Commercial Officer after just 18 months in the job has triggered a shake-up of the mobile operator's top team. More detail
TalkTalk to sell enterprise customer base to Daisy as it registers full-year loss TalkTalk to sell enterprise customer base to Daisy as it registers full-year loss TalkTalk has agreed to sell 80,000 business customers to rival Daisy Group in a £175 million deal. More detail
A1 Telekom Austria Group rebrand reaches Bulgaria A1 Telekom Austria Group rebrand reaches Bulgaria Bulgaria is the third A1 Telekom Austria Group opco to get rebranded as the telco looks to market itself as a provider of "advanced" IT, IoT, cloud and content services. More detail
Orange Business Services puts IoT to use on saving ships’ fuel costs Orange Business Services puts IoT to use on saving ships’ fuel costs Orange Business Services has expanded its work with Dobroflot by developing a customised IoT solution for the Russian fishing company. More detail
    

 

European Communications is now
Mobile Europe and European Communications

  

From June 2018, European Communications magazine 
has merged with its sister title Mobile Europe, into 
Mobile Europe and European Communications.

No more new content is being published on this site - 

for the latest news and features, please go to:
www.mobileeurope.co.uk 

 

@eurocomms