Strong demand for Internet and mobile phone services has helped France Télécom SA (FT) report a healthy increase in first-quarter revenue.
The French network operator reported on Tuesday a 7.3 percent year-on-year rise in first-quarter consolidated revenue to €11.4 billion (US$12.3 billion as of March 31, the last day of the period being reported).
Fixed-line revenue in the first quarter fell 4.8 percent year on year to €3.4 billion. The decline in fixed-line revenues is slowing. In the fourth quarter last year, it was falling at 7.5 percent a year, FT said in a statement.
The mobile phone company Orange SA, in which FT has a majority stake, posted a total revenue of €4.3 billion in the first quarter, up 9.4 percent over pro forma revenue of €3.9 billion the year before.
The Internet company Wanadoo SA, in which FT also has a majority stake, reported a first-quarter total revenue of €567 million, representing a 38 percent year-on-year rise.