BT dividend cut would give next CEO room to invest

Gerald · 06-10-18, 05:34 PM

[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.'

06-10-18, 05:34 PM	#1
Gerald SUBSIM Newsman Join Date: May 2008 Location: Close to sea Posts: 24,254 Downloads: 553 Uploads: 0	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.' __________________ Nothing in life is to be feard,it is only to be understood. Marie Curie