New Zealand's Telecom Corp. on Friday reported a sharply higher annual net profit of NZ 6.49 billion Lrb us 7.51 billion Euro4 .80 billion Rrb, boosted by a one off NZ 9.59 billion Lrb us 4.1 billion Euro8 .5 billion Rrb gain from the sale of its yellow pages business.
New Zealand Telecom annual profits boosted sharply by subsidiary business sale.