It depends Aram imo,tls has stated pay out ratio of 70 to 90%,on ongoing ebitda,if penn or tls comes to the conclusion they do not wont to waste to much on app/service developments and risky acquisitions requiring to much agility and settles down to what is currently happening ie such as vmtech,pivotal ,5g etc etc,the earnings have a good chance imo of being maintained due to all figures involved ,oops lol plus spectrum acquisitions which is not included in capex figues yet,then div has an excellent chance of recovery especially at 90% once tls earnings have settled from transition imo.
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