France Telecom reported strong growth in wireless and broadband services for full year 2004. Consolidated revenues increased 4.1% on a comparable basis to EUR 47.2 billion.
As of year end 2004, France Telecom had 6.3 million ADSL lines in France, including 2.9 million for its Wanadoo service. There were
5.1 million broadband customers for the group in Europe, and 260,000 Livebox home broadband gateways distributed in Europe.
France Telecom’s “Ma Ligne tv” (TV over ADSL) service reached a total of 75,000 clients at year end, including 35,000 that were added in the month of December.
In wireless, the France Telecom Group had 63.3 million customers, up 13.9% for 2004, including 54 million Orange customers. In France, Orange remained the leading operator with a 47.7% market share.
The decline in fixed line revenues in 2004 was contained to 0.3%, versus a decline of 2.4% in 2003.
CAPEX for 2004 was EUR 5.1 billion, comparable to 2003. The CAPEX/revenue ratio was 10.9%, compared to 11% in 2003.
Operating income was EUR 10.8 billion, up 12.4% on a comparable basis.
There was EUR 5.8 billion in cash flow for 2004
Net debt at year end was EUR 43.9 billion, compared with EUR 44.2 billion a year earlier.
http://www.francetelecom.com
