Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, French telecommunications giant France Telecom (NYSE: FTE) has earned a respected four-star ranking.

With that in mind, let's take a closer look at France Telecom's business and see what CAPS investors are saying about the stock right now.

France Telecom facts

Headquarters (founded) Paris (1990)
Market Cap $38.7 billion
Industry Integrated telecom services
Trailing-12-Month Revenue $59.6 billion
Management Chairman/CEO Stephane Richard 
CFO Gervais Pellissier
Return on Equity (average, past 3 years) 11.9%
Cash/Debt $11.9 billion / $55.2 billion
Dividend Yield 9.2%
Competitors Bouygues
Societe Francaise du Radiotelephone
Vodafone Group

Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 96% of the 725 members who have rated France Telecom believe the stock will outperform the S&P 500 going forward.  

Just last week, one of those bulls, All-Star Lituus, tapped the stock as an intriguing income opportunity:

[W]hy did I just buy this stock? Because the valuation is cheap and I love the dividend. The payout ratio is 86% so considering how things are going I would not be surprised if it is cut this year. But still, even if the dividend is cut in half it will still yield ~5%. Also, despite the tough competitive situation I think there is some nice upside potential for when Europe eventually recovers.

Of course, despite its four-star rating, France Telecom may not be your top choice. If that's the case, we've compiled a special free report for investors called "Secure Your Future With 11 Rock-Solid Dividend Stocks," which uncovers several other juicy income opportunities. The report is 100% free, but it won't be around forever, so click here to access it now.

Want to see how well (or not so well) the stocks in this series are performing? Follow the new TrackPoisedTo CAPS account.