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→French Government Ends Majority Control
In 2007, when Nicolas Sarkozy became Prime Minister of France, the French government once again sold at least 5 percent of its holdings to the company to reduce the country's debt.<ref>[http://news.bbc.co.uk/2/hi/business/6236672.stm Share sale dents France Telecom]</ref> At present, French government owns 27 percent stakes in the company.<ref>
In 2007, when Nicolas Sarkozy became Prime Minister of France, the French government once again sold at least 5 percent of its holdings to the company to reduce the country's debt.<ref>[http://news.bbc.co.uk/2/hi/business/6236672.stm Share sale dents France Telecom]</ref> At present, French government owns 27 percent stakes in the company.<ref>
[http://www.leadersmag.com/issues/2011.1_Jan/ROB/LEADERS-Didier-Lombard-France-Telecom.html The Future of Telecommunications: An Interview with Didier Lombard, Chairman of the Board, France Telecom]</ref>
[http://www.leadersmag.com/issues/2011.1_Jan/ROB/LEADERS-Didier-Lombard-France-Telecom.html The Future of Telecommunications: An Interview with Didier Lombard, Chairman of the Board, France Telecom]</ref>
==Orange Foundation==
In 1987, France Telecom established the Orange Foundations to carry out the company's philanthropy activities. The foundation is focused in providing services in the areas of health and disability particularly to those individuals suffering from autism, vision and hearing impairments and education to fight illiteracy by providing access to basic knowledge, training, educational materials and educating young girls in developing countries. Orange Foundation's philanthropic initiatives are conducted in 30 countries within Europe, Asia, Middle East and Africa. As of 2009, 410 projects were supported by the foundation.<ref>[http://www.orange.com/en_EN/finance/documentation/annual-reports/att00014094/FTEL_1005297_complet_GB.indd_RVB.pdf Annual and Corporate Responsibility Report 2009]</ref>
==References==
==References==