European operators could follow Telefonica in dividend cuts – Mobile World Live

European operators could follow Telefonica in dividend cuts

16 DEC 2011

Other European operators could follow Telefonica in cutting their dividend payments in the next few years, reports Dow Jones Newswires. In a note to investors, investment bank Nomura cites Telecom Italia and Belgacom as the two operators most likely to need to reduce shareholder payments. Telefonica reduced its dividend payments for 2012 and 2013, due to changes to the economic and operating environment and financial market conditions.

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Tim Ferguson

Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter... More

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