Telecom failed to excite the market yesterday with its
June-year profit announcement, but it did give investors
certainty the 16c-per-share dividend would remain in place
for at least another two years.
Telecom will be holding a much-anticipated investor day on
Wednesday with the key issue facing the company being falling
revenue from the fixed-line portion of its business, Milford
Asset Management portfolio manager Jason Windust says.