France Telecom (FTE) reports Q4 EBITDA fell 3.9% to €3.47B, with sales down 2.6% to €11.43B,...

|By:, SA News Editor

France Telecom (FTE) reports Q4 EBITDA fell 3.9% to €3.47B, with sales down 2.6% to €11.43B, slightly better than analysts' expectations of EBITDA of €3.42B on €11.38B of sales. The company also cut its dividend forecast for the year to €1.21-1.35, down from prior guidance of €1.40, as it predicts operating cash flow will decline to €8B this year from €9.3B in 2011.