The owner of the telecom company Salt had lavish dividends paid out year after year. Fears that the French billionaire would bleed the company dry were apparently unfounded.
The Salt owner Xavier Niel waives profit distributions so that the telecom company can invest.
The telecom company Salt must not allow itself any strategic adventures and nonsense. The owner Xavier Niel demands iron cost discipline. A welcome side effect of this: Salt is forced to stick to the computer scientist motto “never change a running system”. The functioning business model is not tinkered with unnecessarily. There is simply not enough money for commercially questionable experiments.