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This has strengthened the Group’s foundations, particularly in fast-growing emerging markets, which accounted for 29percent of our customer base in 2008, compared with 15percent in 2005.Capitalising on these achievements and guided by the Orange 2012 initiatives we will pursue a strategy that has proven its efficiency while accentuating our approach.

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The company was initially 100percent owned by France Telecom (although there were and still remain minority investors in some of the national operating companies).NEx T, a trailblazing programme in many respects, guided the Group’s strategy over the past three years based on four pillars: convergence, driven by ubiquitous digital technology, with a shift from a network access vision to a services access vision; migration of voice and other services to IP technology.Anticipating this migration has enabled us to be No.The French government, both directly and through its holding company ERAP, continues to hold a stake of almost 27percent in the firm. It was re-branded Orange Madagascar in 2003, and according to the firm’s 2008 figures it has just over 2 million subscribers.

In Madagascar, Orange offers both mobile and internet services.

Orange, the Group's single brand for Internet, television and mobile services in the majority of countries where the company operates, now covers more than two-thirds of customers.

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