Orange (NYSE: FTE), eBay Inc. (Nasdaq: EBAY) and BT Group plc (NYSE: BT; London: BTA) are in the mix for today's finely crafted dollop of Euro telecom news.
France Telecom has gone all Stalin on us with the announcement of a five-year plan that it hopes will see it prosper in a mobile market that is becoming ever more competitive. The plan divides into two parts, with an "adaptation phase" running from 2011-2013 and an ever-so-slightly-comical-sounding "conquest phase" running from 2014-2015, during which FT hopes to achieve an annual revenue growth rate of 2.7 percent. (See France Telecom Presents Five-Year Plan, France Telecom Updates on LTE, FTTH and Eurosqueeze?)
eBay wants U.K. regulator Ofcom to use next year's spectrum auction as an opportunity to ensure that true competition is guaranteed in the British mobile market, reports the Daily Telegraph. The online auction site sees the cost of mobile data as integral to its future success, and it believes competition is the best way to keep prices down.
Still on a BT tack, the Financial Times reports that the carrier is directly linking the pay of some of its top executives to revenue growth targets for the first time. CEO Ian Livingston will be one of those affected. (See Euronews: BT Back on Track.)