France Telecom (ADR) (NYSE:FTE)
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The Company provides consumers, businesses and other telecommunications operators with a range of services including fixed telephony and mobile telecommunications, data transmission, Internet and multimedia, and other value-added services.
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I keep pouring over the fundamentals, and they still look solid. Big efforts to lower internal expenses are compensating nicely for increased competition and some erosion of margins. The dividend looks sustainable for at least the next two years, and probably beyond.