France Telecom seeks 300 million customers by 2015

July 5, 2010 - 9:55 pm Comments Off

France Telecom announced that it aims, through its new development plan over five years, 300 million customers by 2015 on all its markets, against 200 million today.

The telecoms group said in a statement it was also planning to hire 10,000 employees in France over the period 2010-2012.

The measures provided for in the new "social contract" of the group in France, intended to respond to the discomfort shown by a series of suicides of his employees, an envelope of 900 million euros over the same period, excluding the expected savings on the program part-time senior citizens and attrition.

"The group's ambition is to return as a spirit of conquest in international development, based on an acquisition policy unchanged, in which no operation 'transforming' is considered.

In emerging markets, it is particularly expected to double revenue within 5 years, has also informed the company.

France Telecom has also reaffirmed that "the conquest of networks" was "its core business."By 2015, it plans to invest two billion euros in the deployment of fiber optics in France, which ensure coverage of 40% of homes and being present in all parts of city by 2012, and all departments by 2015 (including three overseas departments).

The group reiterated its forecast of generation eight billion euros in organic cash flow per year in 2010 and 2011.

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