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Orange Sees 10% Drop in French Revenue, Investir Reports

France Telecom SA (FTE)’s Orange mobile- phone unit expects average revenue per user to fall by about 10 percent in its home country, the French weekly Investir said, citing France Telecom Chief Executive Officer Stephane Richard.

The decline will be countered in part by growth in the French mobile-phone market and by a contract the company has with Iliad SA’s Free mobile-phone service, Investir reported.

To contact the reporter on this story: Alan Katz in Paris at akatz5@bloomberg.net.

To contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.net.

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