Bharti sees seventh straight profit drop as financing costs and forex losses bite

Telecom Argentina has posted consolidated net revenues of ARS4.77 billion (USD1.12 billion) for the third quarter ended 30 September 2011, an increase of 27% year-on-year, Dow Jones Newswires writes. Growth was largely spurred by strong mobile and broadband sales, helping to boost net profit by 36% to ARS602 million from ARS444 million in the third quarter of 2010. [More]

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