Stephane Richard, Chairman and Chief Executive Officer of France Telecom, speaks during the company's...
Stephane Richard (R), Chairman and Chief Executive Officer of France Telecom, and France Telecom's Executive Vice President Delphine Ernotte attend the company's 2010 annual results presentation in Paris February 24, 2011. France Telecom's commercial offensive in its all-important domestic market last year paid off in client recruitments but hurt margins, in a sign of how intensifying competition is challenging the operator. Europe's third-largest telecom operator by market capitalisation posted 2010 results largely in line with expectations on Thursday. REUTERS/Benoit Tessier (FRANCE - Tags: BUSINESS)