European telecoms results

25/02/10 15:09 CET

corporate

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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.

More about: France, Germany, Telecommunication

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