
OSLO: Norwegian telecommunications group Telenor on Thursday reported a 61 per cent slump in second-quarter profit, due to sliding revenues and losses in its stake in Russian mobile operator VimpelCom.Net profit tumbled to 1.38 billion kroner ($220 million) during the quarter, a sharp decline from 3.54 billion kroner in the same period last year.Second-quarter revenues held steady, slipping slightly to 26.9 billion kroner this year from...