Reviewing Win's historical debt and revenues plus debt restructuring, 2013 looks tough to me. 2014 looks strong based on no notes due that year. The 9B debt posted is mostly from 2016 to 2023. I don't see a dividend cut for 2014 and 2013 has been pretty much guaranteed by corporate. I'm no financial analyst so rational inputs may help. Win's website should be reviewed by investors. I'm looking forward to short covering for the near term.
What are you basing your expected dividend cut on? It can't be because of decreasing revenue, decreasing cash flow, increasing capital expenditures, or increasing debt load. It can't be because management isn't committed to the current dividend. Your expectation is based on the actions of CTL and FTR. You might be right but I wouldn't make an investment based on it.