Dutch telecom operator KPN profits edge higher

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Dutch telecoms operator KPN said Tuesday its third quarter net profit edged up 2.8 percent compared with a year earlier, falling slightly short of analyst forecasts.

Net profit for the three months to September came to 406 million euros (570 million dollars) while analysts surveyed by Dow Jones Newswires expected 409 million euros.

Sales in the period were up 1.4 percent at 3.38 billion euros.

© 2010 AFP

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