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NL Short Takes

News | 04/22/2003 4:00 am EDT

Telecommunications Statistics
New figures released by Statistics Canada show that operating profits in the wireline telephone industry in 2002 fell 13.6% to nearly $3.9 billion, with revenues falling 3.1% to $24 billion. Numbers dropped from the fourth quarter of 2001 to the fourth quarter of 2002 and from 2001 to 2002. Capex continues to decrease, confirming industry trends (NL, Feb. 24/03).

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