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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.
Thursday, July 28, 2011
France Telecom Ramps Up Capex
Dragged down by regulation, France Telecom said that its revenue fell 1.3% year-on-year, on a comparable basis, in the second quarter to 11.34 billion euros. Revenues were down 2.2% in France, but climbed 4.2% in Spain, driven by a rise in the company's mobile customer base and demand for broadband.
France Telecom said that its capital spending in the first half of 2011 was almost 11% higher than in the same period of 2010, as it seeks to improve its networks. source: France Telecom presentation
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