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Wednesday, July 7, 2010

Financial Times, Wall Street Journal

On Monday, France Telecom CEO Stéphane Richard called unlimited pricing plans “unsustainable”, signaling an intent to begin charging customers based on data traffic use, as rivals such as AT&T have, writes FT. Richard’s comments came after the unveiling of a five-year plan partly designed to improve staff morale, which involves the recruitment of 10,000 new workers in France over the next three years. Over the next five years, France Telecom aims to double revenue from emerging markets to EUR7 billion and boost its number of clients to 300 million from 200 million. Furthermore, Richard stated that he will rethink his predecessor's content strategy, writes WSJ.

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