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Mobile war undermines France Telecom's profit

2012-02-22 9 Dailymotion

France Telecom has said it will reduce its dividend payments to shareholders this year and is putting off a promised buyback of shares. <br /><br />It blamed that on a mobile phone price war with rival Iliad.<br /><br />Since Iliad launched its ultra low-cost mobile offers in January, chief financial officer Gervais Pellissier said France Telecom has lost over 200,000 customers. <br /><br />...<br />http://www.euronews.net/

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