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Telecom stocks can provide some stability and steady growth to a well-diversified portfolio. Some of them also offer high dividends which may be reinvested to increase the total return on an investment. Unlike consumer discretionary and other sectors, consumers in most countries consider telecommunication services such as mobile phone services a necessity. Telecom companies offer other value-added services to generate higher revenue from each customer.

The following foreign telecom stocks offer more than 6% dividend yields as of April 20, 2010:

1. Telekom Austria AG (OTCPK:TKAGY)
Austria
Current Dividend Yield: 7.21%

2. Magyar Telekom (MTA)
Hungary
Current Dividend Yield: 9.39%

3. Deutsche Telekom AG (DT)
Germany
Current Dividend Yield: 7.68%

4. Telstra Corp Ltd (OTCPK:TLSYY)
Australia
Current Dividend Yield: 8.92%

5. France Telecom (FTE)
France
Current Dividend Yield: 7.36%

6. Telefonica SA (NYSE:TEF)
Spain
Current Dividend Yield: 6.26%

7. Telecom Corporation of New Zealand Ltd (NZT)
New Zealand
Current Dividend Yield: 10.80%

Note: Information posted above is known to be accurate. Please do your own reasearch before making any investment decisions.

Source: Seven Foreign Telecom Stocks Offering Yields Above 6%