Thursday, July 26, 2012

Tough competition at home hits FT-Orange results

France Telecom-Orange (FT-Orange) has posted second quarter revenue of EUR10.9 billion (USD13.2 billion), down 2.1% year-on-year on a comparable basis, while earnings before interest, tax, depreciation and amortisation (EBITDA) slipped 6.5% to EUR3.6 billion. The company was hurt in its domestic market by intense competition triggered by the arrival of Iliad’s Free Mobile, a new low-cost cellco


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OVETEL Tough competition at home hits FT-Orange results

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