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France Telecom: A telecommunications/broadband play at a bargain

 May 20, 2008 05:23 PM UTC
Return Risk
+1.75% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
FTE Positive 05/20/08 -15.56% --
ADR n/a

Graphic_arrow1 Via BloggingStocks:  

Filed under: Stocks to Buy

Readers of this space know that the investment bias is toward large-cap companies with demonstrated business models and who have a competitive advantage in established markets, preferably with a favorable global trend as a support. But every once in a while an exception is made, and with the aforementioned in mind France Telecom is worth a review.

France Telecom SA (ADR) (NYSE: FTE) is a major telecommunications provider in France and also operates broadband, IP protocol, and audio-visual content businesses.

Analysts really like FTE's 49% market share of France's broadband market. Analysts also expect France Telecom's broadband business to offset a decline in landline telephone revenue in FY 2008.

Continue reading France Telecom: A telecommunications/broadband play at a bargain

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