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France Telecom sees drop in net profits

20 February 2013 | Laura Hedges

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France Telecom’s net profit plummeted from €3.8 billion in 2011, to €820 million last year in part due to a €1.84 billion impairment charge in three international markets.

The French operator faced the charge on goodwill and assets in 2012 for its operations in Poland, Egypt and Romania.

“We’ve seen risks intensify in some of our geographies, so we...

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