VIENNA Feb 26 Telekom Austria said it
would keep its dividend at 0.05 euros ($0.07) for a third year
running as sales continued to decline amid tough competition in
its mature markets.
The company, which is expected to be the target of a
takeover bid by Carlos Slim's America Movil, said on
Wednesday fourth-quarter core profit fell 18 percent on sales
that declined by 6 percent.
Earnings before interest, tax, depreciation and amortisation
(EBITDA) adjusted to exclude special items were 262 million
euros, missing the average estimate of 280 million euros in a
Reuters poll, while sales of 1.056 billion euros were just short
of the poll average.
($1 = 0.7282 euros)
(Reporting by Georgina Prodhan; Editing by Michael Shields)