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European telecoms results


European telecoms results


France Telecom has posted a net profit of three billion euros for last year, which was about what was expected by analysts.

Europe’s third-largest telecom operator predicted sales will be stable this year.

And Germany’s Deutsche Telekom made a net profit of 353 million euros, that was 76 percent down on 2008.

The two companies are working on merging their UK mobile phone businesses.

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