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TELECOMMUNICATIONS
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FRANCE TELECOM, the main French operator
- 20 October 1997 : first day France Telecom is quoted on the stock exchange
in Paris and New York.
In Paris, shares in the French telecommunications operator were at 215FF at
the outset, and 206,50FF at close of day. Almost 40 million shares changed
hands during the day.
The shares were also well received on the New York Stock Exchange. They went
to market at US$ 31 11/16, and reached US$34 11/16 at close of day, figuring
among the five most active of the American Depository Receipt (ADR).
- 6 October 1997 : finally, the government set the price of
France Telecom
shares at
between 187FF for institutional investors, and 182
FF for the general public.
- 22 September 1997 : the government set the price of
France Telecom
shares at
between 170 and 190 FF for institutional investors, and between 165 and 185
FF for the general public. The reservation period runs from 23 September to
6 October.
- 8 September 1997 : sale of around 20% of France Telecom announced by D.
Strauss-Kahn, Minister for the Economy, Finance and Industry, and C.
Pierret, Secretary of State for Industry.
Press
file online.
Photos
- Michel Delebarre’s report "The Stakes of the Future for France Telecom".
Download.
- Mission letter sent
to Michel Delebarre 17 July 1997
- Law relative
to France Telecom (n° 96-660 of 26 July 1996)
- Law on
telecommunications regulations (n°96-659 of 26 July 1996)
- 1996 consolidated
figures: breakdown according to activity
- Consolidated
figures for 1994/1995/1996
- Structure
- Status and
composition of the capital of 25 European telecommunications
operators. Document published by Idate
- News
- France Telecom
Website
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© Secretary of State for industry - France
Ministry of economy, finance and industry
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Secretary of State for industry
Web Site for telecommunications, information technology
and services, the postal sector
Tel: 33 1 43 19 36 36 - Fax: 33 1 43 19 68 50 - © 1997
About this service - email :
info@telecom.gouv.fr
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