France Telecom adds 173,000 TV subscribers in 1Q10

PARIS — France Telecom (Paris & NYSE: FTE) has released its fourth quarter and full year 2009 results.

Home Communication Services

HCS France

Digital TV services (ADSL and satellite TV) remained very buoyant: the number of digital TV customers rose 34% year on year to 2.894 million at March 31, 2010. The Orange sports and Orange cinema series channels had a total of 713,000 subscribers at 31 March 2010, compared with 363,000 a year earlier. Video on demand (VOD) generated 2.7 million pay-per-view uses in the first quarter of 2010, up 53% compared with the first quarter of 2009.

HCS Spain

Retail ADSL revenues were stable compared with the first quarter of 2009. There was a 6.7% year-on-year downturn in the ADSL customer base to 1.086 million customers at March 31, 2010.

HCS Poland

The number of digital TV customers (ADSL and satellite) more than doubled in one year to 417,000 customers at March 31, 2010, compared with 198,000 customers at March 31, 2009.

France Télécom operational KPIs:

(in thousands)                    1Q08   2Q08   3Q08   4Q08   1Q09   2Q09   3Q09   4Q09   1Q10
                                 -----  -----  -----  -----  -----  -----  -----  -----  -----
France
  IPTV and satellite customers   1,282  1,389  1,603  1,909  2,166  2,339  2,547  2,761  2,894
    Pay TV subscriptions           644    638    759    898  1,138  1,188  1,415  1,514  1,619
Spain
  IPTV customers                    75     92     86     87     99     92     86     84     79
Poland
  IPTV and satellite customers      49     54     57    113    198    239    283    372    417
TOTAL
  IPTV and satellite customers   1,407  1,535  1,746  2,109  2,463  2,670  2,916  3,217  3,390

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