View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 22, 1993


By CBR Staff Writer

The State Council, which the French government is obliged to consult for projects requiring changes in public ordinances, has removed the last conceptual obstacle to the legal transformation of France Telecom from state agency to private company held in majority by the state. The council reversed ex-sting jurisprudence on the question of the compatibility of the statute protecting public functionaries in a company financed with private capital. Thus, it says, the new law destined to transform France Telecom into a societe anonyme will be able to invest the company president with the power to appoint and manage public assets. Nonetheless, the president of France Telecom will continue to be considered an authority subordinate to the government and appointed by it. Furthermore, the new France Telecom must assume missions of public service. France Telecom’s unions, which are due to meet today with Minister of Industry Gerard Longuet, are nonplussed. Force Ouvriere says it does not intend to change its opinion, while the Confederation Francaise Democratique de Travail and the Confederation Generale de Travail are still demanding the pure and simple withdrawal of the transformation plan, on threat of another strike.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy