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Updated Friday, July 30, 2010 10:59 am TWN, AP

France Telecom first half net profit up 45% on one-off gain

PARIS -- France Telecom SA said Thursday that first half net profit rose 45 percent due to a one-off gain, although revenue and margins were eroded by regulatory costs and competition in the home market in France.

Net profit in the six months to the end of June rose to 3.72 billion euros (US$4.83 billion) from 2.56 billion euros a year ago, the former telecom monopoly said.

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