France Telecom (FTE): Q1 profit -8.1% to €3.43B. Revenue -2.7% to €10.9B vs....
France Telecom (FTE): Q1 profit -8.1% to €3.43B. Revenue -2.7% to €10.9B vs. €10.8B consensus. Roaming agreements will bring in €1B in revenue over three years, an acceleration of an earlier prediction of €1B in six years. Confirms forecast to have "close to" €8B in operating cash flow this year. Shares +3% in France.
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