SmarTone cuts payout ratio to boost network

SmarTone Telecommunications has lowered its payout ratio to 60 per cent from 100 per cent, saying the move was prompted by the need to invest large sums in its networks to meet consumers' growing demand for mobile data and the government's 3G spectrum renewal policy.

via Business feed http://www.scmp.com/business/companies/article/1308648/smartone-cuts-payout-ratio-boost-network