WELLINGTON (AP) - New Zealand's Telecom Corp. on Friday reported a sharply higher annual net profit of NZ$3.02 billion (US$2.32 billion; euro1.69 billion), boosted by a one-off NZ$2.08 billion (US$1.6 billion; euro1.2 billion) gain from the sale of its Yellow Pages business.
continue reading original article at New Zealand Telecom annual profits up (The Star Online) - from the Wellington News website.