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France Telecom Profit Falls on $2.5 Billion Impairment Costs

France Telecom SA, the former French phone monopoly fighting discounters at home, said a 1.84 billion-euro ($2.5 billion) writedown on units in Poland, Egypt and Romania dragged down its 2012 profit.

Full-year net income fell to 820 million euros on the impairment of assets, compared with 3.9 billion euros a year earlier, and sales fell 3.9 percent to 43.5 billion euros, the Paris-based carrier said today in a statement.