Corporate Profile for France Telecom, dated June 18, 1999.--(BUSINESS WIRE)-- The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: June 18, 1999
Company Name: France Telecom
Address: 6, Place d'Alleray
Paris, Cedex 75505
Main Telephone
Number: (33 1) 44 44 22 22
Internet Home
Page Address
(URL) www.francetelecom.com
Chief Executive
Officer: Michel Bon
Chief Financial
Officer: Jean-Louis Vinciguerra
Investor Relations
Contact: Tere Clippard
Business number: 212/332-2105
e-mail address: tclippard@ftna.com
Public Relations
Contact: Elizabeth Mayeri
Business number: 212/332-2115
e-mail address: emayeri@ftna.com
Trading Symbol/
Exchange: Paris Bourse/NYSE:FTE
Industry: Telecommunications
Market Makers: M.J. Meehan
Company description: France Telecom's International Development With operations in more than 50 countries and 24.6 billion euros in 1998 revenues (and consolidated first quarter 1999 operating revenues of 6.3 billion euros), France Telecom is one of the world's leading telecom carriers. It provides businesses and consumers with a full range of services, including local, long-distance and international telephony, as well as data, wireless, Internet, cable-TV and value-added services. France Telecom is listed on the Paris Bourse Paris Bourse National stock market of France. and the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (NYSE NYSE See: New York Stock Exchange : FTE FTE Full-Time Equivalent FTE Full-Time Employee FTE Full-Time Equivalency FTE Full Time Employment FTE Foundation for Teaching Economics FTE Full Time Enrollment FTE For the Enterprise (SQL) FTE Fund for Theological Education ). International development is a strategic priority for France Telecom. Increasing by 40.2% in 1998, sales generated outside France reached 15 billion euros, or 9.3% of consolidated sales. France Telecom's international strategy includes three elements: - To become a major European operator - To offer global services to businesses - To enter high-growth emerging markets European Operator With the deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. of the European telecommunications market, France Telecom is pursuing a strategy of organic growth by joining forces with local partners to build its product and service offering for fixed, mobile and Internet solutions in domestic markets. France Telecom is now active in 15 European countries. Since 1997, new companies have been set up in Belgium (Mobistar), Denmark (Mobilix), Italy (Wind), the Netherlands (Dutchtone Group), Norway, (in partnership with ElTele +st), Portugal (Optimus), Spain (Uni2), Switzerland (Multilink) and the United Kingdom (Metroholdings). Global Services To meet the needs of multinational customers, France Telecom has been developing its global voice and data services by investing in its joint venture Global One together with Deutsche Telekom Deutsche Telekom AG (ISIN: DE0005557508, FWB: DTE, NYSE: DT, LSE: DEU, TYO: 9496 ) (abbreviated DTAG) is a telecommunications company headquartered in Bonn, Germany. It is the largest telecommunications company in Germany and in the EU. and Sprint. With 1,400 contact points worldwide, Global One provides seamless voice and data transmission, as well as IP solutions to more than 30,000 companies. High-Growth Emerging Markets France Telecom is leveraging its skills in markets with high-growth potential, such as Argentina (Telecom Argentina Telecom Argentina S.A. (NYSE: TEO, Buenos Aires Stock Exchange:TECO2) is the major local telephone company for the northern part of Argentina, including half of the city of Buenos Aires. Briefly known as Sociedad Licenciataria Norte S.A. , Personal and Miniphone), El Salvador El Salvador (ĕl sälväthōr`), officially Republic of El Salvador, republic (2005 est. pop. 6,705,000), 8,260 sq mi (21,393 sq km), Central America. (CTE (Coefficient of Thermal Expansion) The difference between the way two materials expand when heat is applied. This is very critical when chips are mounted to printed circuit boards, because the silicon chip expands at a different rate than the plastic board. and Telecom Personal Salvador), Mexico (Telcel and Telmex), China (Rapidlink, Easylink), Indonesia (Pramindo), India (BPL See broadband over power lines. Mobile), Ivory Coast Ivory Coast: see Côte d'Ivoire. (C(te d'Ivoire TTlTcom), Egypt (Menatel and MobiNil), Lebanon (FTML) and Senegal (Sonatel). In each of these countries, the Group contributes its expertise via a range of strategic partnerships in fixed and mobile telephony alike. Global Networks France Telecom is a major player in the field of global networks. The Group offers its transmission capacities and ready-to-use solutions to operators via its Open Transit product line (dedicated transit, switched transit, hubbing, Internet, ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. and roaming SS-7). The Company is a leading partner in submarine cable networks, such as Sea-Me-We 2 and Sea-Me-We 3 (the world's longest submarine cable spanning 40,000 km and connecting 33 countries), Eurafrica, Tagide 2, Ariane 2, Atlantis 2, Americas 2 and TAT. France Telecom has launched its own satellites (Telecom 2) and invested in satellite consortia, such as Eutelsat and Intelsat, to carry its international telephony broadcasting traffic. France Telecom is a leading international supplier of satellite imaging transmission services. Its TDF (language) TDF - An intermediate language, a close relative of ANDF. A TDF program is an ASCII stream describing an abstract syntax tree. TDF became part of TenDRA in abut 2001. subsidiary is thus the leading European radio and TV broadcaster, while GlobeCast offers an international satellite video service using the latest digital compression technology. France Telecom also offers mobile telephony services worldwide via Inmarsat and, in the near future, will be distributing the services of Globalstar, a low-orbit satellite system designed to satisfy mobile telephony bandwidth requirements on a global level. |
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