France Telecom SA, the country’s biggest phone company, posted better-than-expected full-year profit, aided by cost cuts and new customers.

Adjusted net income fell to 4.85 billion euros ($6.53 billion) from 5.18 billion euros a year earlier, the Paris-based company said in an e-mailed statement today. Analysts had predicted profit of 4.6 billion euros, the average of 31 estimates compiled by Bloomberg. Revenue declined to 45.94 billion euros from 47.7 billion euros.

To read this Bloomberg report in full, see:
www.bloomberg.com/apps/news?pid=20601090&sid=ap6Wfm9_actw
www.businessweek.com/news/2010-02-25/france-telecom-posts-better-than-expected-profit-on-iphone.html