CEGETEL FORECASTS 1998 SALES OF FF19 BILLION

The French telecommunications operator Cegetel, the main challenger to France Telecom, has reported strong subscriber growth and urged the regulator to remove remaining obstacles to fair competition with the former state monopoly. Jean-Marie Messier, chairman of Cegetel and parent group Vivendi, told a conference on telecommunications that Vivendi's 1998 sales would be some FF200 billion (USD33.03 billion) and those of Cegetel FF19 - in line with a May forecast of close to FF20 billion...

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