1 billion before taxes in the last quarterBut excluding transport the increase is 0We have become explorers of unknown lands50 with a fall at the global level of 74 to 57You call the State to rescue social security by relying on all decision support softwareTake for example the rain nitrogen content9 billion about 35 billion Citigroup and non5Even a mundane plant pot can become a GMOIt would not set limits to Saddam HusseinThe pattern of SFR, which has swallowed the operator Neuf Cegetel Telecom last year, has a few disputes with its major competitor France Telecom. On the first iPhone, which will be in shops SFR early April after a judicial battle, Frank Esser said that innovation is not France Telecom, but Apple. Another point of contention, the tariffs of the incumbent operator to lease its network of copper to its competitors. The pattern of SFR estimated at EUR 2 billion margin of France Telecom. For him, "the unbundling tariff shall be reduced," otherwise SFR threatens not to invest in fibre.
How safe is the current crisis
We do the feel not very strongly. Like other telecoms operators, we are relatively protected because the telephone or the Internet are regarded by our clients as basic services which they do not want to happen. However, some changes of behavior observed: for example, our consumer or business customers are much more cautious when they call from their mobile from abroad. In all cases, we remain very vigilant, because if the crisis continues, that unemployment continues to advance, or corporate defaults are growing, we will be impacted.
Are you going to be more careful in your investment
For the moment, no. Year 2009 is the same one where our investments will reach a record amount greater than 1.3 billion euros spent the last year. SFR must stand ready for the post-crisis. But it is true that if the crisis hardens, the fastest to implement adjustment variable is to reduce the costs of networks. We can also reduce customer acquisition costs, for example by subsidizing less mobile phones. But this variable is more difficult to implement because the market remains competitive.
How to include your mobile activity this year
We anticipate a slight growth of net sales. One of the levers of this growth will come from the democratization of mobile Internet and downloads of applications. The Apple iPhone has paved the way. This is why we are delighted to sell it from April 8. 250,000 customers SFR have already expressed their interest for this phone on our Web site. Also we hope to sell more than 250,000 iPhone this year.
How do you see the arrival of a fourth operator in France
We will carefully follow the terms of allocation will be withheld, including regarding the coverage obligations that will be required for the fourth operator. We trust in the regulator who has indicated that it would be extremely attentive to the credibility of the project of the fourth operator. We do not understand how Free account divide by two the average invoice of a household, but it belongs to the new entrant to have a credible economic model. After, it will be to find an answer to attract and retain customers. Our network of 800 shops, the quality of our network and our relationship with clients, we have a beautiful card to play in the services. The frequencies will be not assigned exclusively to the new incoming, we study the possibility of as a candidate us, but no decision has yet been taken.
Are you still considering to invest 450 million over three years in the optical fiber
We will accelerate investment this year in the very high throughput but at the global, the envelope remains fixed at EUR 450 million. Because, today, the problem is that we are not equal game with France Telecom in fixed networks.
This is why your home mother Vivendi attacked too powerful in the telephony France Telecom before the European Commission, holding the incumbent fixed...
To rent its network of copper, France Telecom is based on the current economic costs to charge its competitors access. France Telecom receives large sums of money that is supposed to reinvest in its network of copper. However this is not what it does. The EUR 2 billion of regulatory margins that it has removed from the lease of its network of copper in 2007 have been used to invest in fibre optics. Specifically, the authorities must find a model, that it is the sharing of the network or declining wholesale rates, in order to bring broadband to rural areas. France Telecom still holds 80 of the value fixed telecommunications market and has a particularly important on the SME market weight.
You therefore require a decrease in tariffs for unbundling
Yes. We believe that with a prescribed margin of annual EUR 2 billion made by France Telecom for the lease of its network, the unbundling tariff should be reduced, as well as the sale wholesale of the subscription. The decision of the authorities will determine our level of investment in the fiber over the next years. Our strategy is to become independent of France Telecom. However, today, SFR is its best customer. We transferring EUR 1.5 billion each year to France Telecom. That said, I am well aware that it is not easy to break a monopoly. This is not done in a few days.
The contents also, Vivendi is aggressive towards France Telecom. do you, as Didier Lombard, that the exclusivity of contents finance innovation
Absolutely not. The iPhone, it is an innovation, but it is not France Telecom but Apple. And have an exclusive on five years of a product that works well, it is to exclude competitors and customers. As to the content, it seems to me that purchase soccer and film rights, it is an innovation of the model Canal .
The law creation and Internet is currently discussed in the National Assembly. Are you considering to cut off Internet access to those of your 3.9 million ADSL customers who pirate
It is important to enforce copyright. However, the contribution of the Internet access providers must be technical and monitoring by the public authorities.
