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<item><link>http://www.alacrastore.com/storecontent/bir/1146883</link><bir:docid xmlns:bir="http://www.alacra.com/bir">1146883</bir:docid><guid isPermaLink="false">bir/1146883</guid><bir:index_mode xmlns:bir="http://www.alacra.com/bir">norm</bir:index_mode><bir:class xmlns:bir="http://www.alacra.com/bir">9</bir:class><bir:company xmlns:bir="http://www.alacra.com/bir">France Telecom S.A.</bir:company><bir:cou xmlns:bir="http://www.alacra.com/bir">France</bir:cou><pubDate>04 Nov 2009 06:20:55 EST</pubDate><bir:descr xmlns:bir="http://www.alacra.com/bir">Communications: Telecommunications services. Cable television.</bir:descr><bir:exch xmlns:bir="http://www.alacra.com/bir">NYSE</bir:exch><bir:naics xmlns:bir="http://www.alacra.com/bir">517110</bir:naics><bir:revenue xmlns:bir="http://www.alacra.com/bir">M</bir:revenue><bir:sic xmlns:bir="http://www.alacra.com/bir">4813</bir:sic><bir:size xmlns:bir="http://www.alacra.com/bir">I</bir:size><bir:snaics xmlns:bir="http://www.alacra.com/bir">515210</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">517212</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">517910</bir:snaics><bir:ssic xmlns:bir="http://www.alacra.com/bir">4812</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">4822</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">4899</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">4841</bir:ssic><bir:ticker xmlns:bir="http://www.alacra.com/bir">FTE</bir:ticker><title>France Telecom S.A.</title><description>Communications: Telecommunications services. 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12:07:35 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2521092</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Edited Brief of FTE earnings conference call or presentation, 29-Oct-09 2:30pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">France Telecom</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">106.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">France Telecom Q3 2009 Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">FTE</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">2:30pm CET</ccbn:time><title>France Telecom Q3 2009 Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><description>...Gervais Pellissier France Telecom - Deputy CEO and CFO Olivier Barberot France Telecom - SEVP, Group HR, Poland Barbara Dalibard France Telecom - SEVP, Orange Business Services, Enterprise LoB Olaf Swantee France Telecom - SEVP, Europe &amp; Egypt, Personal LoB...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-France_Telecom_Mixed_3Q09_Event_Risk_Remains_Key-90555</link><cs:docid xmlns:cs="http://www.alacra.com/cs">90555</cs:docid><guid isPermaLink="false">cs/90555</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">Economic and regulatory pressures took a toll on FTâ€™s 3Q09 performance, but as with peers, capex cuts helped preserve free cash flow.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">cucko</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">mchapman</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">patrizia_dâ€™amico</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">france_telecom</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">france_telecom</cs:companyFocus><cs:country xmlns:cs="http://www.alacra.com/cs">france</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">united_kingdom</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">france</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">united_kingdom</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">90555</cs:csid><pubDate>29 Oct 2009 11:09:39 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">90555</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">integrated_telecom</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">telecom</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">tmt</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">wireless</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">integrated_telecom</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">telecom</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">tmt</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">wireless</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">earnings</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">earnings</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>France Telecom: Mixed 3Q09, Event Risk Remains Key</title><cs:type xmlns:cs="http://www.alacra.com/cs">EarningsNote</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Earnings Note</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1102</cs:wcnum><description> France Telecom: Mixed #Q##, Event Risk Remains Key France Telecoms' #Q## results were mixed, with most markets showing deteriorating trends, but capex cuts helping to preserve cash flow.

Revenues and EBITDA were down #.#% and #.#%...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2521092</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2521092</ccbn:docid><guid isPermaLink="false">ccbn/T2521092</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>29 Oct 2009 08:07:35 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2521092</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of FTE earnings conference call or presentation, 29-Oct-09 2:30pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">France Telecom</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">106.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">France Telecom Q3 2009 Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">FTE</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">2:30pm CET</ccbn:time><title>France Telecom Q3 2009 Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Gervais Pellissier France Telecom - Deputy CEO and CFO Olivier Barberot France Telecom - SEVP, Group HR, Poland Barbara Dalibard France Telecom - SEVP, Orange Business Services, Enterprise LoB Olaf Swantee France Telecom - SEVP, Europe &amp; Egypt, Personal LoB...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/research/fitch-ratings-European_Telecoms_and_Media_Sectors_Update_and_Outlook-475946_report_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">475946_report_frame</fitch:docid><guid isPermaLink="false">fitch/475946_report_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">pdf</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Telenor ASA</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Vodafone Group plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">BT Group plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Portugal Telecom S.G.P.S., S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Telecom Italia SpA</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Telefonica SA</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Deutsche Telekom AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">OTE Plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">TeliaSonera AB</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">France TÃ©lÃ©com</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83201415</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83725465</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360236</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81232643</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360235</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360240</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360707</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360263</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360045</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80520610</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80417179</fitch:companyid><pubDate>23 Oct 2009 10:18:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030400</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">275</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Special Report</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">PTC</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TIT</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">BT.A</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">FTE</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">VOD</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">DTE</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TEF</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TEL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TLSN</fitch:ticker><title>European Telecoms and Media Sectors: Update and Outlook</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. 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TELECOM</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">FTE</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-European_TMT_Week_October_16th_2009-89922</link><cs:docid xmlns:cs="http://www.alacra.com/cs">89922</cs:docid><guid isPermaLink="false">cs/89922</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">In a quiet week for European Telcos, with top-down credit market trends driving spreads, we review some interesting regulatory developments.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">cucko</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">mchapman</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">patrizia_dâ€™amico</cs:analyst><cs:company 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xmlns:cs="http://www.alacra.com/cs">telecom_italia</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">telenor</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">teliasonera</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">vodafone</cs:companyMention><cs:country xmlns:cs="http://www.alacra.com/cs">spain</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">spain</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">89922</cs:csid><pubDate>16 Oct 2009 09:09:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">89922</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">integrated_telecom</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">telecom</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">tmt</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">integrated_telecom</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">telecom</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">tmt</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>European TMT Week: October 16th 2009</title><cs:type xmlns:cs="http://www.alacra.com/cs">EuroTMTWeekly</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Euro TMT Weekly</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">2144</cs:wcnum><description> European TMT Week: October ##th #### European telecoms credits all tightened this week, in moves driven by broader credit market trends.

The news flow was relatively quiet, with rumours suggesting Vivendi may counter-bid against Telefonica...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-KPN_2Q09_Tearsheet-89824</link><cs:docid xmlns:cs="http://www.alacra.com/cs">89824</cs:docid><guid isPermaLink="false">cs/89824</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">TearsheetTemplate</cs:DS><cs:analyst xmlns:cs="http://www.alacra.com/cs">cucko</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">mchapman</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">patrizia_dâ€™amico</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">france_telecom</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">kpn</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">kpn</cs:companyFocus><cs:companyMention xmlns:cs="http://www.alacra.com/cs">france_telecom</cs:companyMention><cs:country xmlns:cs="http://www.alacra.com/cs">nl</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">nl</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">89824</cs:csid><pubDate>15 Oct 2009 12:09:50 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">89824</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">integrated_telecom</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">telecom</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">tmt</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">integrated_telecom</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">telecom</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">tmt</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>KPN 2Q09 Tearsheet</title><cs:type xmlns:cs="http://www.alacra.com/cs">Tearsheet</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Tearsheet</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1058</cs:wcnum><description> KPN #Q## Tearsheet KPN is highly dependent on domestic environment, where it faces tough competition from ubiquitous cable, alternative DSL providers and growing FTTH initiatives. KPN must remain proactive and will continue to be forced...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/fitch-ratings-Fitch_Mobile_VoIP_in_Europe_Unlikely_to_Achieve_Mass_Market_Soon-516956_pr_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">516956_pr_frame</fitch:docid><guid isPermaLink="false">fitch/516956_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Telefonica SA</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">France TÃ©lÃ©com</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Wind Telecomunicazioni Spa</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Portugal Telecom S.G.P.S., S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Portugal Telecom International Finance B.V.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">OTE S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Deutsche Telekom AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Deutsche Telekom International Finance B.V.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">TeliaSonera AB</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Telenor ASA</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Telecom Italia Finance, S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Koninklijke KPN N.V.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Telecom Italia Capital S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Turkcell Iletisim Hizmetleri A.S.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Vodafone Group plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Telecom Italia SpA</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">TDC AS</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360240</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360045</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83725465</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80897231</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">88295876</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80940466</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80417179</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361348</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360236</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80762985</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80520610</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360707</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82156533</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81232640</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81232643</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82565767</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360263</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82096151</fitch:companyid><pubDate>12 Oct 2009 10:11:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030400</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">FTE</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">PTC</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TEF</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TLSN</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">VOD</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TCELL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TEL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">HTO</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TIT</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TDC</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">DTE</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">KPN</fitch:ticker><title>Fitch: Mobile VoIP in Europe Unlikely to Achieve Mass Market Soon</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-European_TMT_Weekly_October_9th_2009-89715</link><cs:docid xmlns:cs="http://www.alacra.com/cs">89715</cs:docid><guid isPermaLink="false">cs/89715</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">In our second Euro TMT weekly, we review our RV calls, focusing on Telefonica and Telenor as the key names in the news this week.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">cucko</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">mchapman</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">patrizia_dâ€™amico</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">bt</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">deutsche_telekom</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">france_telecom</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">portugal_telecom</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">telefonica</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">telenor</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">teliasonera</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">vodafone</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">telefonica</cs:companyFocus><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">telenor</cs:companyFocus><cs:companyMention xmlns:cs="http://www.alacra.com/cs">bt</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">deutsche_telekom</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">france_telecom</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">portugal_telecom</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">teliasonera</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">vodafone</cs:companyMention><cs:country xmlns:cs="http://www.alacra.com/cs">norway</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">spain</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">norway</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">spain</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">89715</cs:csid><pubDate>12 Oct 2009 03:09:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">89715</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">integrated_telecom</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">telecom</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">tmt</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">integrated_telecom</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">telecom</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">tmt</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>European TMT Weekly: October 9th 2009</title><cs:type xmlns:cs="http://www.alacra.com/cs">EuroTMTWeekly</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Euro TMT Weekly</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">2618</cs:wcnum><description> European TMT Weekly: October #th #### The proposed merger of Telenor's and Alfa Group's Russian and Ukrainian holdings into an NYSE listed entity is an encouraging step forward and should help reduce the headline risk associated with...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><title>Deutsche Telekom AG-UK Ops is rumored to be planning to acquire France Telecom SA-UK Ops from France Telecom SA</title><description>UK - The UK operations of France Telecom SA was rumored to be planning to merge with the UK operations of Deutsche Telekom AG, a provider of telecommunication services.</description><pubDate>07 Oct 2009 07:58:03 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">25315K</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">35212H</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">251566</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">35177Q</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Deutsche Telekom AG-UK Operations</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">France Telecom SA-UK Operations</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Deutsche Telekom AG</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">France Telecom SA</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Deutsche_Telekom_AG_UK_Ops_is_rumored_to_be_planning_to_acquire_France_Telecom_SA_UK_Ops_from_France_Telecom_SA-2115297040</link><guid isPermaLink="false">sdc/2115297040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2115297040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_MAINDUSTRY><sdc:value>Telecommunications</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>United Kingdom</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Radiotelephone communications</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>4812</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Subsidiary</sdc:value></sdc:a_STATUS><sdc:asic_SIC><sdc:value sdc:p="0">4812:Radiotelephone communications</sdc:value><sdc:value sdc:p="1">4813:Telephone communications, except radiotelephone</sdc:value><sdc:value sdc:p="2">4899:Communications services, nec</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">4812:Radiotelephone communications</sdc:value><sdc:value sdc:p="1">4813:Telephone communications, except radiotelephone</sdc:value><sdc:value sdc:p="2">4899:Communications services, nec</sdc:value><sdc:value sdc:p="3">7373:Computer integrated systems design</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Telecommunications</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>United Kingdom</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Radiotelephone communications</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>4812</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Subsidiary</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>1109235001</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Pvd telecommun svcs</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Pvd telecommun svcs</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value>Not Applicable</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Assets</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>1109236001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Oct 7 2009</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>0.00000</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>0.00000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>0.00000</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">The UK Operations of Deutsche</sdc:value><sdc:value sdc:p="1">Telekom AG provides</sdc:value><sdc:value sdc:p="2">telecommunication services.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">The UK Operations of Deutsche Telekom AG provides</sdc:value><sdc:value sdc:p="1">telecommunication services.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>The UK Operations of Deutsche Telekom AG provides telecommunication services.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">The UK Operations of France</sdc:value><sdc:value sdc:p="1">Telecom SA provides</sdc:value><sdc:value sdc:p="2">telecommunication services.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">The UK Operations of France Telecom SA provides</sdc:value><sdc:value sdc:p="1">telecommunication services.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>The UK Operations of France Telecom SA provides telecommunication services.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>Y</sdc:value></sdc:i_CROSS1><sdc:i_DATEANN><sdc:value>05 Oct 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Mon, 05 Oct 2009 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 10/05/2009</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Merger</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Not Appl.</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>0</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>0.00000</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>0</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>0.00000</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>0.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>0.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>0.00000</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>0</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>0.00000</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>0.00000</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>0.00000</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>0.00000</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPE><sdc:value>0.00000</sdc:value></sdc:j_MPE><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>100.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>0.00000</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">UK - The UK operations of</sdc:value><sdc:value sdc:p="1">France Telecom SA was rumored</sdc:value><sdc:value sdc:p="2">to be planning to merge with</sdc:value><sdc:value sdc:p="3">the UK operations of Deutsche</sdc:value><sdc:value sdc:p="4">Telekom AG, a provider of</sdc:value><sdc:value sdc:p="5">telecommunication services.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>UK - The UK operations of France Telecom SA was rumored to be planning to merge with the UK operations of Deutsche Telekom AG, a provider of telecommunication services.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">UK - The UK operations of France Telecom SA was rumored to be planning to merge with the</sdc:value><sdc:value sdc:p="1">UK operations of Deutsche Telekom AG, a provider of telecommunication services.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value>UK - The UK operations of France Telecom SA was rumored to be planning to merge with the UK operations of Deutsche Telekom AG, a provider of telecommunication services.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">UK - The UK operations of France Telecom SA was rumored to be planning to merge with the UK operations of Deutsche Telekom AG, a provider</sdc:value><sdc:value sdc:p="1">of telecommunication services.</sdc:value></sdc:n_synopsis5><sdc:q_DESCR><sdc:value>Rumor</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>0.00000</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>0.00000</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Rumor</sdc:value></sdc:q_STATUS><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.00000</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>0.00000</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>0.00000</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value sdc:p="0">4812:Radiotelephone communications</sdc:value><sdc:value sdc:p="1">4813:Telephone communications, except radiotelephone</sdc:value><sdc:value sdc:p="2">4899:Communications services, nec</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>152916003</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_EXCHANGE><sdc:value>Frankfurt</sdc:value></sdc:upa1_EXCHANGE><sdc:upa1_NATION><sdc:value>Germany</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>4813</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Foreign</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Public</sdc:value></sdc:upa1_STATUS><sdc:upa1_TICKER><sdc:value>DTE</sdc:value></sdc:upa1_TICKER><sdc:upsic_SIC><sdc:value sdc:p="0">4812:Radiotelephone communications</sdc:value><sdc:value sdc:p="1">4813:Telephone communications, except radiotelephone</sdc:value><sdc:value sdc:p="2">4899:Communications services, nec</sdc:value><sdc:value sdc:p="3">6719:Offices of holding companies, nec</sdc:value><sdc:value sdc:p="4">7375:Information retrieval services</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>148972003</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_EXCHANGE><sdc:value>Euro P.P.M</sdc:value></sdc:upt1_EXCHANGE><sdc:upt1_NATION><sdc:value>France</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>4813</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>Foreign</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Public</sdc:value></sdc:upt1_STATUS><sdc:upt1_TICKER><sdc:value>FTEL</sdc:value></sdc:upt1_TICKER><sdc:x_RANK1_VALUE><sdc:value>0.00000</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>0.00000</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>TF Mergers &amp; Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-European_TMT_Weekly_October_2nd_2009-89477</link><cs:docid xmlns:cs="http://www.alacra.com/cs">89477</cs:docid><guid isPermaLink="false">cs/89477</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">In the first of a new weekly publication on the European TMT sector we review our current relative value and trading recommendations, as well as recent news in the space.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">cucko</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">mchapman</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">patrizia_dâ€™amico</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">bt</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">deutsche_telekom</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">france_telecom</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">kpn</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">portugal_telecom</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">telecom_italia</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">telefonica</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">telekom_austria</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">telenor</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">teliasonera</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">vodafone</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">bt</cs:companyFocus><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">deutsche_telekom</cs:companyFocus><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">portugal_telecom</cs:companyFocus><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">telecom_italia</cs:companyFocus><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">telenor</cs:companyFocus><cs:companyMention xmlns:cs="http://www.alacra.com/cs">france_telecom</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">kpn</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">telefonica</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">telekom_austria</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">teliasonera</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">vodafone</cs:companyMention><cs:country xmlns:cs="http://www.alacra.com/cs">germany</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">italy</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">norway</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">portugal</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">united_kingdom</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">germany</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">italy</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">norway</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">portugal</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">united_kingdom</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">89477</cs:csid><pubDate>05 Oct 2009 03:09:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">89477</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">integrated_telecom</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">media_cable</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">telecom</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">tmt</cs:sector><cs:sectorFocus xmlns:cs="http://www.alacra.com/cs">media_cable</cs:sectorFocus><cs:sectorFocus xmlns:cs="http://www.alacra.com/cs">telecom</cs:sectorFocus><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">integrated_telecom</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">tmt</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>European TMT Weekly: October 2nd 2009</title><cs:type xmlns:cs="http://www.alacra.com/cs">EuroTMTWeekly</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Euro TMT Weekly</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">2936</cs:wcnum><description> European TMT Weekly: October #nd #### In this new weekly publication we will review key news and regulatory developments, as well as provide targeted updates on our relative value and trading recommendations.

In this piece we summarize...</description><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">3com</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">3com</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">adelphia_communications</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">adelphia_communications</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">agere</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">agere</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">alcatel_lucent</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">alcatel_lucent</cs:index_entry_companySector><cs:index_entry_companySector 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Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Vodafone_UK_To_Sell_iPhone_But_Only_From_2010-89330</link><cs:docid xmlns:cs="http://www.alacra.com/cs">89330</cs:docid><guid isPermaLink="false">cs/89330</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">WWTemplate</cs:DS><cs:analyst xmlns:cs="http://www.alacra.com/cs">mchapman</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">deutsche_telekom</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">france_telecom</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">telefonica</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">vodafone</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">vodafone</cs:companyFocus><cs:companyMention xmlns:cs="http://www.alacra.com/cs">deutsche_telekom</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">france_telecom</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">telefonica</cs:companyMention><cs:country xmlns:cs="http://www.alacra.com/cs">gb</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">gb</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">89330</cs:csid><pubDate>29 Sep 2009 11:09:42 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">89330</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">telecom</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">tmt</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">wireless</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">telecom</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">tmt</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">wireless</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>Vodafone UK: To Sell iPhone, But Only From 2010</title><cs:type xmlns:cs="http://www.alacra.com/cs">WorthWatching</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Worth Watching</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">333</cs:wcnum><description> Vodafone UK: To Sell iPhone, But Only From #### Vodafone UKÂ has followed hot on the heels of Orange UK (see: Orange UK: Wins iPhone Coup) in announcing that it will begin offering Apple's iPhone #G and #GS in the UK and Ireland in the...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Orange_UK_Wins_iPhone_Coup-89264</link><cs:docid xmlns:cs="http://www.alacra.com/cs">89264</cs:docid><guid isPermaLink="false">cs/89264</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">WWTemplate</cs:DS><cs:analyst xmlns:cs="http://www.alacra.com/cs">mchapman</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">deutsche_telekom</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">france_telecom</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">telefonica</cs:company><cs:company 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xmlns:cs="http://www.alacra.com/cs">89264</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">integrated_telecom</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">telecom</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">tmt</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">wireless</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">integrated_telecom</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">telecom</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">tmt</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">wireless</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>Orange UK: Wins iPhone Coup</title><cs:type xmlns:cs="http://www.alacra.com/cs">WorthWatching</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Worth Watching</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">498</cs:wcnum><description> Orange UK: Wins iPhone Coup Orange UKÂ has announced that it has reached an agreement with Apple to begin selling the iPhone in #Q##. Tariff details and the exact date of when the offerings will begin are yet to be confirmed, but Orange...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><title>France Telecom SA is rumored to be planning to acquire TeliaSonera AB</title><description>SWEDEN - France Telecom SA of France was rumored to be planning to launch a tender offer to acquire the entire share capital of TeliaSonera AB, a Stockholm-based provider of wireless telecommunication services.</description><pubDate>25 Sep 2009 08:00:15 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">35177Q</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">87960M</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">35177Q</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">87960M</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">France Telecom SA</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">TeliaSonera AB</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">France Telecom SA</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">TeliaSonera AB</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/France_Telecom_SA_is_rumored_to_be_planning_to_acquire_TeliaSonera_AB-2111350040</link><guid isPermaLink="false">sdc/2111350040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2111350040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>Euro P.P.M</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Telecommunications</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>France</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Telephone communications, except radiotelephone</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>4813</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Public</sdc:value></sdc:a_STATUS><sdc:a_TICKER><sdc:value>FTEL</sdc:value></sdc:a_TICKER><sdc:asic_SIC><sdc:value sdc:p="0">4812:Radiotelephone communications</sdc:value><sdc:value sdc:p="1">4813:Telephone communications, except radiotelephone</sdc:value><sdc:value sdc:p="2">4899:Communications services, nec</sdc:value><sdc:value sdc:p="3">6719:Offices of holding companies, nec</sdc:value><sdc:value sdc:p="4">7375:Information retrieval services</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">4812:Radiotelephone communications</sdc:value><sdc:value sdc:p="1">4813:Telephone communications, except radiotelephone</sdc:value><sdc:value sdc:p="2">4899:Communications services, nec</sdc:value><sdc:value sdc:p="3">6719:Offices of holding companies, nec</sdc:value><sdc:value sdc:p="4">7375:Information retrieval services</sdc:value></sdc:aupsic_SIC><sdc:b_EXCHANGE><sdc:value>Stockholm</sdc:value></sdc:b_EXCHANGE><sdc:b_MAINDUSTRY><sdc:value>Telecommunications</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>Sweden</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Telephone communications, except radiotelephone</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>4813</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Public</sdc:value></sdc:b_STATUS><sdc:b_TICKER><sdc:value>TLSN</sdc:value></sdc:b_TICKER><sdc:c_ACIDGEN><sdc:value>148972003</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Pvd telecommun svcs</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Pvd wireless telecommun svcs</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value>Not Applicable</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Ordinary Share</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>180768004</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Sep 25 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sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">France Telecom SA, located in</sdc:value><sdc:value sdc:p="1">Paris, France, provides</sdc:value><sdc:value sdc:p="2">telecommunications, mobile</sdc:value><sdc:value sdc:p="3">telephony, digital television</sdc:value><sdc:value sdc:p="4">and multimedia content and</sdc:value><sdc:value sdc:p="5">wireless broadband services.</sdc:value><sdc:value sdc:p="6">It operates in France, the UK,</sdc:value><sdc:value sdc:p="7">Spain, Poland and Latin</sdc:value><sdc:value sdc:p="8">America, Asia, Middle East and</sdc:value><sdc:value sdc:p="9">parts of Europe. The company</sdc:value><sdc:value sdc:p="10">was established in 1991.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">France Telecom SA, located in Paris, France, provides</sdc:value><sdc:value sdc:p="1">telecommunications, mobile telephony, digital television and</sdc:value><sdc:value sdc:p="2">multimedia content and wireless broadband services. It</sdc:value><sdc:value sdc:p="3">operates in France, the UK, Spain, Poland and Latin America,</sdc:value><sdc:value sdc:p="4">Asia, Middle East and parts of Europe. The company was</sdc:value><sdc:value sdc:p="5">established in 1991.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>France Telecom SA, located in Paris, France, provides telecommunications, mobile telephony, digital television and multimedia content and wireless broadband services. It operates in France, the UK, Spain, Poland and Latin America, Asia, Middle East and parts of Europe. The company was established in 1991.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value><sdc:value sdc:p="17">18.00000</sdc:value><sdc:value sdc:p="18">19.00000</sdc:value><sdc:value sdc:p="19">20.00000</sdc:value><sdc:value sdc:p="20">21.00000</sdc:value><sdc:value sdc:p="21">22.00000</sdc:value><sdc:value sdc:p="22">23.00000</sdc:value><sdc:value sdc:p="23">24.00000</sdc:value><sdc:value sdc:p="24">25.00000</sdc:value><sdc:value sdc:p="25">26.00000</sdc:value><sdc:value sdc:p="26">27.00000</sdc:value><sdc:value sdc:p="27">28.00000</sdc:value><sdc:value sdc:p="28">29.00000</sdc:value><sdc:value sdc:p="29">30.00000</sdc:value><sdc:value sdc:p="30">31.00000</sdc:value><sdc:value sdc:p="31">32.00000</sdc:value><sdc:value sdc:p="32">33.00000</sdc:value><sdc:value sdc:p="33">34.00000</sdc:value><sdc:value sdc:p="34">35.00000</sdc:value><sdc:value sdc:p="35">36.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">TeliaSonera AB, based in</sdc:value><sdc:value sdc:p="1">Stockholm, Sweden, provides</sdc:value><sdc:value sdc:p="2">wireless telecommunication</sdc:value><sdc:value sdc:p="3">services in the Nordic and</sdc:value><sdc:value sdc:p="4">Baltic region, as well as in</sdc:value><sdc:value sdc:p="5">Eurasia, Turkey and Russia.</sdc:value><sdc:value sdc:p="6">The Group operates in three</sdc:value><sdc:value sdc:p="7">main segments; Mobility</sdc:value><sdc:value sdc:p="8">Services, Broadband Services</sdc:value><sdc:value sdc:p="9">and Enterprise Services. The</sdc:value><sdc:value sdc:p="10">Mobility Services segment</sdc:value><sdc:value sdc:p="11">provides interaction,</sdc:value><sdc:value sdc:p="12">communication, information and</sdc:value><sdc:value sdc:p="13">entertainment independent of</sdc:value><sdc:value sdc:p="14">location. The Broadband</sdc:value><sdc:value sdc:p="15">Services provide broadband</sdc:value><sdc:value sdc:p="16">services and television</sdc:value><sdc:value sdc:p="17">services. Product services</sdc:value><sdc:value sdc:p="18">within the Broadband segment</sdc:value><sdc:value sdc:p="19">are Video-On-Demand and</sdc:value><sdc:value sdc:p="20">Time-Shift TV. The Enterprise</sdc:value><sdc:value sdc:p="21">Services segment focuses on</sdc:value><sdc:value sdc:p="22">corporate clients providing</sdc:value><sdc:value sdc:p="23">services within voice and data</sdc:value><sdc:value sdc:p="24">solutions, network IT services</sdc:value><sdc:value sdc:p="25">and system integration and</sdc:value><sdc:value sdc:p="26">converging services. The</sdc:value><sdc:value sdc:p="27">Eurasia segment provides</sdc:value><sdc:value sdc:p="28">telecommunication services to</sdc:value><sdc:value sdc:p="29">the Eastern European market.</sdc:value><sdc:value sdc:p="30">The Group operates in the</sdc:value><sdc:value sdc:p="31">Nordic and Baltic countries,</sdc:value><sdc:value sdc:p="32">Russia and selected Eurasian</sdc:value><sdc:value sdc:p="33">markets. The firm is also a</sdc:value><sdc:value sdc:p="34">holding company, and was</sdc:value><sdc:value sdc:p="35">founded in 1966.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">TeliaSonera AB, based in Stockholm, Sweden, provides</sdc:value><sdc:value sdc:p="1">wireless telecommunication services in the Nordic and Baltic</sdc:value><sdc:value sdc:p="2">region, as well as in Eurasia, Turkey and Russia. The Group</sdc:value><sdc:value sdc:p="3">operates in three main segments; Mobility Services,</sdc:value><sdc:value sdc:p="4">Broadband Services and Enterprise Services. The Mobility</sdc:value><sdc:value sdc:p="5">Services segment provides interaction, communication,</sdc:value><sdc:value sdc:p="6">information and entertainment independent of location. The</sdc:value><sdc:value sdc:p="7">Broadband Services provide broadband services and television</sdc:value><sdc:value sdc:p="8">services. Product services within the Broadband segment are</sdc:value><sdc:value sdc:p="9">Video-On-Demand and Time-Shift TV. The Enterprise Services</sdc:value><sdc:value sdc:p="10">segment focuses on corporate clients providing services</sdc:value><sdc:value sdc:p="11">within voice and data solutions, network IT services and</sdc:value><sdc:value sdc:p="12">system integration and converging services. The Eurasia</sdc:value><sdc:value sdc:p="13">segment provides telecommunication services to the Eastern</sdc:value><sdc:value sdc:p="14">European market. The Group operates in the Nordic and Baltic</sdc:value><sdc:value sdc:p="15">countries, Russia and selected Eurasian markets. The firm is</sdc:value><sdc:value sdc:p="16">also a holding company, and was founded in 1966.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>TeliaSonera AB, based in Stockholm, Sweden, provides wireless telecommunication services in the Nordic and Baltic region, as well as in Eurasia, Turkey and Russia. The Group operates in three main segments; Mobility Services, Broadband Services and Enterprise Services. The Mobility Services segment provides interaction, communication, information and entertainment independent of location. The Broadband Services provide broadband services and television services. Product services within the Broadband segment are Video-On-Demand and Time-Shift TV. The Enterprise Services segment focuses on corporate clients providing services within voice and data solutions, network IT services and system integration and converging services. The Eurasia segment provides telecommunication services to the Eastern European market. The Group operates in the Nordic and Baltic countries, Russia and selected Eurasian markets. 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sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">SWEDEN - France Telecom SA of</sdc:value><sdc:value sdc:p="1">France was rumored to be</sdc:value><sdc:value sdc:p="2">planning to launch a tender</sdc:value><sdc:value sdc:p="3">offer to acquire the entire</sdc:value><sdc:value sdc:p="4">share capital of TeliaSonera</sdc:value><sdc:value sdc:p="5">AB, a Stockholm-based</sdc:value><sdc:value sdc:p="6">provider of wireless</sdc:value><sdc:value sdc:p="7">telecommunication services.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>SWEDEN - France Telecom SA of France was rumored to be planning to launch a tender offer to acquire the entire share capital of TeliaSonera AB, a Stockholm-based provider of wireless telecommunication services.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">SWEDEN - France Telecom SA of France was rumored to be planning to launch a tender offer</sdc:value><sdc:value sdc:p="1">to acquire the entire share capital of TeliaSonera AB, a Stockholm-based provider of</sdc:value><sdc:value sdc:p="2">wireless telecommunication services.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">SWEDEN - France Telecom SA of France was rumored to be planning to launch a tender offer to acquire the entire share capital of TeliaSonera AB, a Stockholm-based provider of wireless telecommunication</sdc:value><sdc:value sdc:p="1">services.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">SWEDEN - France Telecom SA of France was rumored to be planning to launch a tender offer to acquire the entire share capital of</sdc:value><sdc:value sdc:p="1">TeliaSonera AB, a Stockholm-based provider of wireless telecommunication 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