News / Business
France Telecom faced pressure from declining fixed-line revenue
France Telecom’s July 2006 results showed the strain that changing calling habits and broadband bundles were placing on established fixed-line businesses.
Revenue growth did not settle the concern
The report said first-half net profit was below the prior-year figure even as total revenue rose. It linked the weaker position to traditional landline earnings and to a revised view of full-year growth. The numbers belong to that reporting period and are not current financial guidance.
Competition and diversification
Broadband packages combining internet access, fixed and mobile telephony, and television were increasing pressure on incumbent providers. The article also described expansion outside France and the sale of a directory-business stake as part of a broader attempt to diversify and strengthen finances.