Looking For A Telecoms Share... France Telecom? Rate Topic: Reasons for and against investing in France Telecom as part of my (wife's) SIPP, looking to diversify away from tech, biotech, mining and currency management already in there. Seems a fairly defensive stock paying high (unsustainable dividends). Have I missed something glaring, alternatives gratefully taken on-board. No more than share club type mumblings required and as for paper losses i'm a pro anyway, so 10 years ago we had Steve Jobs, Bob Hope and Johnny Cash - Now we have no Jobs, no Hope and no Cash So, what left? Alcohol.