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Orange — Board/Management Information 2009
Dec 2, 2009
1574_rns_2009-12-02_498076c7-0e1a-4102-a3b7-05ac49e0e8ce.pdf
Board/Management Information
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Stephane Richard appointed Deputy Chief Executive Officer from January 1, 2010 on request of Didier Lombard, CEO
As announced last spring in connection with preparations for his succession, Didier Lombard, France Telecom's Chairman and Chief Executive Officer, has submitted a proposal to the Board of Directors concerning the appointment of Stephane Richard as Deputy Chief Executive Officer. This proposition was approved during today's Board of Director's meeting and the appointment will apply from January 1, 2010.
At the same time, the Board of Directors has confirmed that on this date, Stephane Richard will continue to perform the roles within the Group that were entrusted to him last October (Operations in France and the Home line of business).
About France Telecom
France Telecom, one of the world's leading telecommunications operators, had consolidated sales of 53.5 billion euros in 2008 (38.1 billion euros for the first nine months of 2009) and, at 30 September 2009, a customer base of almost 190 million customers in 32 countries. Orange, the Group's single brand for Internet, television and mobile services in the majority of countries where the company operates, now covers 126 million customers. At 30 September 2009, the Group had 128.8 million mobile customers and 13.4 million broadband Internet (ADSL) customers worldwide. Orange is the number three mobile operator and the number two provider of broadband Internet services in Europe and, under the brand Orange Business Services, is one of the world leaders in providing telecommunication services to multinational companies.
The Group's strategy, which is characterized by a strong focus on innovation, convergence and effective cost management, aims to establish Orange as an integrated operator and benchmark for new telecommunications services in Europe. Today the Group remains focused on its core activities as a network operator, while working to develop its position in new growth activities. To meet customer expectations, the Group strives to provide products and services that are simple and user-friendly, while maintaining a sustainable and responsible business model that can be adapted to the requirements of a fast-paced and changing eco-system.
France Telecom (NYSE:FTE) is listed on Euronext Paris (compartment A) and on the New York Stock Exchange. For more information: www.orange.com, www.francetelecom.com, www.orange-business.com
Press contacts +33 1 44 44 93 93 Beatrice Mandine, [email protected] Bertrand Deronchaine, [email protected]