France Télécom revenue rises

France Télécom has reported a rise in revenue for its first quarter, due in part to growth in its mobile division, Orange.

France Télécom has reported a rise in revenue for its first quarter, due in part to growth in its mobile division, Orange.

Consolidated operating revenue for the quarter was €10.6bn (£6.6bn), up 5.6% over the €10.04bn reported in the first quarter of last year, France Télécom said in a statement.

On a comparable basis, the growth was 4.3%, based on pro forma, unaudited figures for the scope of France Télécom's deconsolidation at the end of March 2001.

The company attributed this growth to its international businesses, with revenue outside France increasing by 9.6% on a pro forma basis to make up 36.4% of France Télécom's consolidated revenue for the period, the company said.

Orange contributed revenue of €3.85bn (£2.38bn), an increase of 14.9% over the same period last year when the figure was €3.35bn, France Télécom said. By the end of the quarter, the Orange group reported a total controlled customer base of 40.5 million users, up from 33.2 million at the end of March 2001, France Télécom said.

France Télécom's international fixed-line, voice and data-services business posted a 14.2% increase in first-quarter revenue at €1.61bn, compared with €1.41bn a year earlier, the company said.

On the home front, consolidated revenue from the company's French fixed-line, voice and data services declined year-on-year by 4.5% to come in at €4.77bn (£2.9bn) for the first quarter, due mainly to weaknesses in is fixed-line service, France Télécom said. Within this segment, revenue from the interconnection of domestic and international operators, or carrier services, declined by 8.1%, due mainly to lower domestic interconnection rates and to a decline in transit business from international carriers, the company said. Such declines were partly offset by revenue from France Télécom's online services and Internet access, which the company termed as "stable" in the first quarter compared to last year.

France Télécom's ISP business, Wanadoo, reported first-quarter revenue of €375m (£232m), up 29.3% from €290m in the same quarter last year, the company said.

France Télécom expects to post double-digit revenue growth for the full year with earnings before interest, tax, depreciation and amortization expected to grow faster than revenue, the company said.

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