Free Mobile sparks French telecoms price war

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Xavier Niel's Free Mobile has launched, with an aggressive price war against main French operators in one of Europe's most expensive markets.

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Xavier Niel, the French billionaire, has embarked on an aggressive price war against France Telecom, Vivendi's SFR and Bouygues Telecom that he says will break their stranglehold over one of Europe's most expensive mobile phone markets, reports The Financial Times.