France Telecom SA's (FTE) revenue trend has deteriorated, although it is better than the trend in gross domestic product, the company's chief financial officer Gervais Pellissier said at the firm's annual meeting Tuesday.

The Paris-based French telecommunications giant also aims to keep its spending trim and fulfill its corporate action plan to allow it to keep annual cash flow at 2008's EUR8 billion for the next three years, he said.

Pellissier said France Telecom should be able to maintain that level of annual cash flow, even if revenues fall somewhat.

Company Web site: www.francetelecom.com

-By A.H. Mooradian, Dow Jones Newswires; +33 1 4017 1740; art.mooradian@dowjones.com