News / Business
European telecom results showed uneven responses to changing voice markets
In July 2006, Europe’s large fixed-line telecom groups were working through the same structural shift, but their reported results did not move in the same direction.
A shared challenge, different figures
The record compared France Telecom, Telefónica and BT as customers moved toward mobile and internet-based communications and regulators constrained parts of the market. France Telecom’s fixed-line revenue was under pressure even as broadband subscribers increased, illustrating why customer growth and revenue growth are not interchangeable.
Brands, markets and period limits
The article also described Orange operations and competitors in France and the United Kingdom. It presented company results and market commentary from one reporting date, not a final ranking of their strategies. The useful historical point is that convergence changed both the product mix and the measures investors watched.