TELIA PROFITS UP 95%.
On November 6, Telia, Sweden's public telecommunications operator, announced a 95% improvement in profits after financial elements for the first nine months of 1998 to 5.7 billion Krones (USD732 million). Turnover is up 9.5% to SKr36.9 billion (USD4.7 billion), largely on the back of an increase in international sales. Operating profits have risen 78% to SKr6.37 billion. The group has...
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