oadcasting, audience, and advertising, and also healthcare activities. Content Rights: The company offers free and paying content services, such as paid program packages, video on demand, music, and game offers. It also distributes content provided by third parties (television, games, and music) on fixed-line and mobile networks both in France and internationally. It also produces its own channels, including Orange Sport and Orange Cinema’s five different channels. The company is developing new services for its customers with a focus on multi-screen, interactivity, and on-demand programs. In 2011, it sold 457,000 PC games that were downloaded through its orange.fr portal. In the mobile market, 2011 saw the expansion of preload games on handsets, telephones, and tablets. Viaccess: The Viaccess group, the company’s subsidiary, provides access solutions to TV and video on various types of network (broadcast, Internet protocol television, and OTT) and to various types of handsets. These solutions are aimed at pay TV operators and to content providers, and offer conditional access and digital rights management, service platforms, recommendation engines, and access applications for smartphone and tablet content. Audience and Advertising: The company is developing Orange Ad market, a market place where available advertising space is auctioned. Health: Orange Healthcare, the company’s Healthcare Division, develops service packages, such as for professionals and traditional players in the health sector, including hospitals, clinics, doctors’ practices, and health professionals; for remote health management; and for prevention and daily well being, through permanently accessible IT tools. These offers are the result of the integration of services developed in partnership with GE Healthcare and Philipps, and rely on the expertise of the Orange Labs. Orange Healthcare develops these services in the main European countries, as well as Africa and the United States. Significant Events In May 2012, LUS Health and France Télécom SA have joined forces to develop innovative remote monitoring solutions for patients with chronic diseases. The Calydial solution, a pilot that remotely monitored patients with kidney disease, in collaboration with Grenoble University Hospital, Calydial dialysis centers of Lyon, France and AGDUC health center in Grenoble, France, yielded positive results; patient satisfaction and patient support both improved. History France Telecom S.A. was incorporated as a French societe anonyme in1996.
france telecom sa-spons adr
(FTE:New York)
Contact Info
78, rue Olivier de Serres
Paris, 75015
France
Phone: 33 1 44 44 22 22
Fax:
www.orange.com
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Industry Analysis
FTE
Industry Average
| Valuation | FTE | Industry Range |
| Price/Earnings | 24.0x |
|
| Price/Sales | 0.5x |
|
| Price/Book | 0.8x |
|
| Price/Cash Flow | 2.8x |
|
| TEV/Sales | NM | Not Meaningful |
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