Anyone wanting to get into telecom the bad news is out on this one. Hope you bought today because tomorrow think we start up. Whats not to like. Selling at book value with a 6.7% quallified dividend. Sometimes we get lucky and today was a good day.
The business is broken not too many people have wired phones anymore their revenue is going down and will continue to go down. They cut dividend as their income is not there to support the dividend. This is a stock that will loose value soon slow death seen it before with Kodak