Sale sweetens Orange’s earnings


The logo of French telecom operator Orange is pictured on the facade of the Belgian unit in Brussels, Belgium, May 10, 2016.REUTERS/Francois Lenoir

PARIS: French telecommunications group Orange said its net profit nearly tripled in the first half of the year to €3.2bil (RM14.29bil), due primarily to the sale of British operator EE. 

With accelerating uptake of fourth-generation (4G) mobile and fast broadband connections as well as increased sales, Orange’s chief executive said the company had the momentum needed to increase operating profit. 

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