Some more skin in the game
https://stocknessmonster.com/announc...ft.nzx-409320/
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Some more skin in the game
https://stocknessmonster.com/announc...ft.nzx-409320/
One NZ has signed a deal with Starlink that will enable customers to send data via the satellites meaning that the old issue of areas blank spots will be history.
This is a real game changer. I live rural and have been on starlink for 2 years. Whenever the Spark tower network was down (alot since anniversary weekend floods) then I was still able to send communication via data (messenger, what's app etc).
Vodafone
I this how it plays out?
Pay around $1b for half share
Sell towers for around $500 half share(low ROR, dinosaur technology, replaced with deal with Starlink, think Yellow Pages)
Float half share in 2 years for $2b?
Classic Playbook?
At this rate we will be seeing new high’s shortly. The good story continues
"Vodafone NZ: creating momentum is 'hard to do, but also hard to stop'"
https://www.reseller.co.nz/article/7...p/?fp=2&fpid=1
Even better than I surmised
"Infratil CEO Jason Boyes told shareholders that following completion of Vodafone's tower sale, Infratil would have received almost $1 billion in cash distributions over the three years since it spent $1.03 billion to buy just shy of half of the telco. "
https://www.reseller.co.nz/article/7...ng-first-half/