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The Microsoft Teams decoupling could boost this popular competitor

September 6, 2023 2:28 PM EDT

BTIG believes the Teams decoupling from Microsoft (NASDAQ: MSFT) in European Union markets in October could boost a significant Teams competitor.

Analyst Matt VanVliet explained in his note this week that "MSFT 365 and Office 365 suite users that fall under the jurisdiction of the European Commission and Switzerland that do not want to have Teams will have pricing... More