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France Telecom reports strong profits and higher IPTV subscriptions for H1

20 августа 2007
France Telecom reported a net profit of €3.3bn in the first half of 2007, up 41% from the same period of the previous year, and a healthy jump in IPTV subscriptions as well.

Revenue reached €25.9bn in the first six months of 2007, a growth of 2% relative to the same period of 2006. France Telecom reported 837,000 subscribers to its IPTV services as of June 30, compared to 306,000 subscribers one year previously. The company also reported nearly 6.6mn DSL subscribers as of June 30, of which 4.3mn were renting a Livebox home gateway. Didier Lombard, CEO of France Telecom, commented that the results benefited from service innovations which are attracting and retaining customers and driving revenue growth, such as the rollout – still in its early stages – of fibre-to-the-home, and the Unik fixed-mobile convergence service.

The company reported strong growth in emerging markets, such as its mobile operations in Poland, Cameroon, Ivory Coast, Dominican Republic, Egypt and Jordan among other countries, as one factor driving sales. Revenues from “mature Western European markets” such as France, the UK, Belgium, Switzerland and the Netherlands were up slightly as well



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