French incumbent standardises cost of domestic calls, cuts overseas prices.
France Telecom Wednesday said it will cut fixed-line prices sharply in France as of Thursday and all calls in the country will now be charged at the same tariff.
In a statement, the telecoms giant and owner of the Orange brand said it will cut the price to connect a call by 25%. The price per minute in peak hours will be cut by more than 55% and the price for off-peak calls by more than 65% for mainland France.
Tariffs for overseas territories will be lowered by 20% for calls to mainland France, it said.
The price cuts will hit France Telecom revenue by around EUR30 million, a spokesman for the group said. In 2009, France Telecom's posted revenue of EUR44.8 billion.