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Telecoms turmoil in France

2012-05-03 10 Dailymotion

France Telecom suffered an 8.1 percent fall in operating profit and sales slipped in the first quarter of the year.

It, and the other established French phone companies, are facing stiff competition with the launch of Iliad 's low-cost Free Mobile.

The former state-owned monopoly lost 615,000 clients between January and March but said the haemorrhaging has slowed.

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http://www.euronews.net/