Tax on Zayo spinoff limits its appeal

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ZAYO GROUP HOLDINGS INC. $22 (New York symbol ZAYO; Manufacturing & Industry sector; Shares outstanding: 236.6 million; Market cap: $5.2 billion; Takeover Target Rating: Highest; No dividends paid; www.zayo.com) operates a fibre… Read More

Tax on Zayo spinoff limits its appeal

ZAYO GROUP HOLDINGS INC. $22 (New York symbol ZAYO; Manufacturing & Industry sector; Shares outstanding: 236.6 million; Market cap: $5.2 billion; Takeover Target Rating: Highest; No dividends paid; www.zayo.com) operates a fibre network across North America and Europe that stretches more than 209,215 kilometres. It is the largest… Read More

Big telcos continue to raise their dividends

These two major telecommunication providers continue to spend heavily on improving their networks. That spending has increased their debt levels. However, better networks are helping each attract new customers. The extra cash flow will also help them both pay down debt and keep raising dividends.
BCE… Read More