SPOTLIGHT: Some of Qwest dividend will be capital


Qwest Communications said some of the money from its upcoming shareholder dividend will be classified as a return of capital for tax purposes, possibly between 40% and 60%, with the rest of the money being distributed to shareholders as traditional income. The 8-cents-per-share dividend, payable Feb. 21, is the telco's first dividend in several years.

For more:
- see this coverage at The Denver Business Journal

Suggested Articles

Microsoft does not report exact revenue amounts for Azure, but it said Azure revenue grew 64% in the latest quarter compared to the previous year.

U.K. broadband provider CityFibre is targeting 14 more cities for its all-fiber gigabit service.

While Cisco has embraced the concept of disaggregation, service providers need to carefully consider how they will implement it.