(Reuters) - Canadian telecoms company Manitoba Telecom Services Inc said it would cut jobs by 25 percent as part of a strategic review.
The company, which has struggled with tough competition, also said on Thursday that it would slash its annual dividend to C$1.30 per share from C$1.70.
Manitoba also said it planned to reduce its capital expenditure by 20-30 percent.
(This story corrects the second paragraph to remove an extraneous word)
Reporting by Shubhankar Chakravorty in Bengaluru; Editing by Kirti Pandey