Ten Foreign Telecom Stocks with More Than 5% Dividend Yields

Ten of the foreign fixed-line telecom stocks offer yields of more than 5% as of December 31,2009 as shown in the table below.

Fixed-line telecom companies in foreign countries tend to be monopolies or hold a dominating position in the market even if other carries operate. Many of them are also the largest telecom service providers in the country and have expanded into other related areas such as mobile, internet services. Though they are highly regulated, these firms have a solid customer base and continue to push other services to existing customers.

Brazilian telecom company Brasil Telecom Participacoes merged with Tele Norte Leste recently to form Tele Norte Leste Participacoes S.A.(TNE).

The Complete List of Fixed-Line Telecom ADRs with their current yields are:

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