Probe demanded into France Telecom's €68bn debts

France’s ruling centre-right party is to call for an investigation into how France Telecom amassed one of the world’s biggest corporate debts.

Probe demanded into France Telecom's €68bn debts
Tue, 10 Dec, 2002 - 14:27

France’s ruling centre-right party is to call for an investigation into how France Telecom amassed one of the world’s biggest corporate debts.

The decision was made after the state-owned telecom giant presented a restructuring plan that involves 22,000 job cuts to help reduce the company’s staggering €68bn debt load.

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