So as far as i have read,any reason for div cut will be the...

So as far as i have read,any reason for div cut will be the $600m restructure cost and that most analysts don't believe tls will achieve their forecast free cash flow figure.
Honestly i can't remember and can't be bothered to look back and check whether $600m was included in forecast,my gut feel it would have been especially in reconfirmed guidance.
Spectrum  was not included in guidance,but by memory ? has been paid for thru free cash flow previously..
Bottom line for me if penn cuts to the levels being suggested on hc then he should get rid of that smile and be replaced by chestnut..
20 cents i could accept,these bs .15 or 16 cents are just that bs,if we are to believe the transition figures and imo the growth story especially as posted ie nas,content,iot's and domestic global enterprise as 3.6ghz introduced and sea cables upgraded...