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-   -   BT dividend cut would give next CEO room to invest (https://www.subsim.com/radioroom/showthread.php?t=237761)

Gerald 06-10-18 05:34 PM

BT dividend cut would give next CEO room to invest
 
[QUOTE]LONDON (Reuters Breakingviews) - Running BT is like running a gauntlet. The former UK telecoms monopoly has to appease shareholders on one side and politicians and regulators on the other. Gavin Patterson, the outgoing chief executive, managed neither during a tenure of nearly five years. His successor can make a start by cutting BT’s dividend.

https://www.reuters.com/article/us-b...-idUSKCN1J418L

'Chairman Jan du Plessis supports the plan, but wants someone else to implement it.'


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