Telecommunication Report

Wednesday, November 15, 2006

Big sale lifts Telefónica earnings

Big sale lifts Telefnica earnings

By Jason Sinclair And Daniel Thomas

The Wall Street Journal Europe

15 Nov 2006



Telefnica SA said third-quarter net profit rose 84%, boosted by the consolidation of recent acquisitions and gains from a sale. Madrid-based Telefnica, one of the world’s largest telecommunications operators, said net profit jumped to OE2.61 billion... read more...

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