PARIS -(Dow Jones)- France Telecom said late Wednesday it will cut tariffs for calls from fixed lines to mobile phones for residential clients starting Jan. 2. In a statement, the Paris-based telecommunications company said the price decrease will reach up to 28% for the price paid per minute by all residential clients. The move comes after France's Telecom regulator last week said it would force the country's mobile-phone Companies to slash wholesale tariffs by 24% starting Jan. 1. The decision from the regulator, know as ARCEP, will cost France's three network operators - France Telecom, Vivendi Universal SA's SFR and Bouygues SA's Bouygues Telecom - an estimated EUR900 million in revenue. France Telecom said clients making phone calls to its mobile unit Orange, for example, will pay 10.9 cents a minute after a 28% cut from the current price of 15.2 cents a minute. -By Adriana Brasileiro, Dow Jones Newswires; +331 4017 1740; adriana.brasileiro@dowjones.com (END) Dow Jones Newswires
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