Cable & Wireless was being ground through the rumour mill on Friday morning, with abundant speculation that France Telecom was in the picture to buy out the carrier. Earlier in the week, the carrier had posted a profit of £134m for the six months to the end of September, compared to an income of £58m […]
Deutsche Telekom agreed late Wednesday to acquire Orange Netherlands from France Telecom. Under the deal, the German carrier also agreed to sell its Spanish broadband operation, Ya.com, to France Telecom. Deutsche Telekom is reported to be paying around Eur1.3bn for the Dutch operation, but will receive Eur320m for the sale of Ya.com. In the Netherlands, […]
France Telecom has pulled out of the running for a stake in Italian carrier Telecom Italia after recording better than expected revenues for the first quarter of the year. The French telco had initially contacted Italian banks and insurers in an attempt to create a consortium that is acceptable to the Italian government, as ministers […]
According to weekend reports, France Telecom has hired Morgan Stanley to advise it on a counteroffer for Telecom Italia (TI). The UK’s Times newspaper and Italian daily, La Repubblica, said the French giant has hired the financial services firm on the potential acquisition of Olimpia, which is owned by Pirelli.Pirelli has an 18 per cent […]
French telecoms giant, France Telecom, is eyeing expansion in the Middle East following the success of its Egyptian operations. On Tuesday, the company’s chairman, Didier Lombard met Egyptian Prime Minister Ahmed Nazif and Minister of Communications Tariq Kamel, on the first leg of a three-day trip. Lombard said his company was focused on the region […]
French incumbent, France Telecom lost 2.11 million subscriptions during 2006 according to figures released Thursday from the French telecoms regulator, Arcep. The regulator blamed the mass defections on triple-play options being offered in France by rival operators. The trend is not limited to French markets: in its Q4 results, German incumbent Deutsche Telekom reveals that […]
According to reports, at least five parties are looking to buy France Telecom’s Orange mobile and broadband business in the Netherlands. The Dutch newspaper, Het Financieele Dagblad, said Tuesday that Deutsche Telekom’s T-Mobile led the pack of potential bidders which could generate more than Eur 1.5bn (£1bn). Orange in the Netherlands holds about 12 per […]
France Telecom’s mobile arm, Orange UK switched on its high speed HSDPA network this week, upgrading the download speeds for its 3G users. Orange 3G is available to over 90 per cent of the UK outdoor population and the operator’s 3G+ is being initially concentrated on key commercial zones such Greater London and airports. The […]
France Telecom said Thursday that it notched up 2.26 million new ADSL subscribers in Europe during 2006 to bring its total user base to 9.7 million. During the year, the number of Livebox installations more than doubled to 4.15 million in Europe at the end of 2006. VoIP users nearly tripled to 2.536 million, while […]
The European Commission on Tuesday backed a Eur10.35m fine against France Telecom for anticompetitive pricing in the ADSL market in 2003. The ruling overturns an appeal by the French carrier in respect of the Commission’s 2003 decision concerning “predatory” pricing. On July 16 2003, the EC fined France Telecom’s internet arm, Wanadoo, Eur10.35m for charging […]
French incumbent, France Telecom, confirmed Tuesday that it is being sued for Eur500m by Free, an ISP unit of Iliad. Free accuses France Telecom of hindering the development of its broadband services. According to reports in the French newspaper La Lettre de l’Expansion, the suit will be heard by the Paris Commercial Court. The news […]
France Telecom on Friday morning stepped up plans for the roll out of its super fast Fibre To The Home (FTTH) broadband network. The operator said that the early stage deployment phase will run from 2007 to 2008, with the aim of having 150,000 to 200,000 customers connected by the end of 2008 out of […]
France Telecom’s mobile unit Orange said Friday that it has launched High Speed Downlink Packet Access (HSDPA) services in Toulouse and Bordeaux. The operator said users of the new network would typically experience better latency, enhanced usability of current applications and would be better able to deploy new types of real time applications in the […]
France Telecom’s mobile unit Orange France is gearing up to launch high definition mobile TV on Thursday. Details are scant, but analyst reports reveal that the service will only be available over HSDPA to start with followed later by dedicated mobile broadcast technology. Initially there will only be one handset available, from Samsung. The offering […]
Telecoms convergence took on a new meaning Wednesday as France Telecom announced that it plans to invest in the production of movies beginning next year. The firm said it will take minority stakes in movies, both home-grown and foreign, and has an investment chest worth around Eur10m (£6.7m) although the group did say that investment […]
France Telecom on Thursday reported that revenues for the third quarter were up just 1.2 per cent year on year on a comparable basis to Eur13bn (£8.7bn) and largely boosted by the acquisition of Spanish mobile operator Amena. Revenues at the Personal Communications [mobile] division accounted for the lion’s share of sales, rising 5 per […]
The first competition in the convergence space is likely to kick off in November, with both BT and France Telecom’s mobile unit Orange introducing similar products at the same time. Mobile operator Orange gave details on its forthcoming fixed mobile convergence service Monday, which will allow its customers to use a mobile handset to make […]
Europe’s second largest phone company France Telecom said its first half profit dropped a full 30 per cent due to challenges in its fixed-line business. Net income declined to 2.35bn euros (£16.08bn) from Eur3.36bn a year earlier. The company said its first-half revenue was Eur25.86bn (£17.70bn), up from Eur23.67bn twelve months earlier. Chairman and chief […]
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