Deutsche Telekom mulls cut to dividend payments - report

News General Germany 2 NOV 2012
Deutsche Telekom mulls cut to dividend payments - report
Deutsche Telekom is considering cutting its dividend by up to one third from 2013, reports German newspaper 'Handelsblatt' citing unnamed supervisory board sources. This would allow the company to free up cash to invest in networks and new products. The paper said that the dividend would be held at EUR 0.70 per share for FY 2012, the same level paid out in 2011 and 2010.

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