Norway's Telenor says earnings rose 42%
Norwegian carrier Telenor’s second-quarter profit rose 42% as the company benefited from higher sales, an Associated Press report said. The Associated Press report quoted Telenor as saying that net profit for the three months ended June 30 rose to 3.25 billion kroner ($568 million) from 2.28 billion kroner ($341 million) a year earlier. The company said lower tax rates and higher income from associated companies also helped boost the result. The 2007 figure did not…

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Jarle Petterson <jp