France Telecom reaffirms 2010 guidance

Tuesday 13 April 2010 | 09:11 CET | News
France Telecom-Orange has reasserted its financial objectives for this year following market rumours that it had tried to influence analysts to lower their guidance. Group CFO Gervais Pellissier told Reuters that he was reaffirming the 2010 targets presented to the market on 25 February, adding that "management has taken no action vis-a-vis analysts or investors to put its objectives into question". In February, France Telecom indicated that it was aiming for an around EUR 8 billion organic cash flow, excluding the cost of buying additional mobile frequencies, licences and legal costs

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Categories: General
Companies: France Telecom / Orange
Countries: France / World
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