SKT Sky Network Television Limited.

[Ogg]

Just a discussion on viewing the value of a business by the three main levers a CEO can control - cost, price and value.

Exactly why a merger is inevitable:

Cost - Save on capital and business administration expenses by combining entities into one.
Price - Offer discounted bundles and reward loyal customers thus reducing churn.
Value - Leverage scale and the increased buying power of the business to offer more content and services to customers.

Sky can't achieve these goals as a stand only business.

Sky needs to choose a husband. Who does Sky want to partner up with, Vodafone, Discovery, or Comcast?

Great movie this, watched it the other night...

[Getty]

Last time I had a beer with Blair he said a dude had tried to explain something on his whiteboard -- saved it he did -- showed me this and asked if I understood it

That printout is so apt.
The figurine on its side on the left, appropriately in Red, showed the future of the balance sheet.
The corporate structure is clearly shown on the right.
Austerity will be the normalisation, is the co statement of intent.
Entity of Phone called, clearly shows the future direction of the proposed co merger,

Eat ya heart out Picasso.

[mistaTea]

Exactly why a merger is inevitable:

Cost - Save on capital and business administration expenses by combining entities into one.
Price - Offer discounted bundles and reward loyal customers thus reducing churn.
Value - Leverage scale and the increased buying power of the business to offer more content and services to customers.

I don't agree with your inevitability claim - but I do agree with you that, if an appropriate merger were to happen, a number of the challenges around cost, price and value would disappear. This is why John Fellet wanted to do Plan A (merge with Vodafone) in 2016 rather than Plan B (become a telco in their own right). Either way, Sky needed to become a telco...it's just that the Vodafone merger seemed like the smartest way to achieve it.

Sky can't achieve these goals as a stand only business.

Sky needs to choose a husband. Who does Sky want to partner up with, Vodafone, Discovery, or Comcast?

This is where I have a different view. I think that Sky can absolutely achieve these goals by becoming a telco in their own right. It isn't as fast as merging with the likes of Vodafone, but in the end I think Sky will be a competitive telco.

[Ogg]

That printout is so apt.
The figurine on its side on the left, appropriately in Red, showed the future of the balance sheet.
The corporate structure is clearly shown on the right.
Austerity will be the normalisation, is the co statement of intent.
Entity of Phone called, clearly shows the future direction of the proposed co merger,

Eat ya heart out Picasso.

The picture of the whiteboard is from Wynyard Group.

https://www.stuff.co.nz/business/911...l-crisis-in-nz

[Ogg]

This is where I have a different view. I think that Sky can absolutely achieve these goals by becoming a telco in their own right. It isn't as fast as merging with the likes of Vodafone, but in the end I think Sky will be a competitive telco.

It can achieve it with another capital raise.

The last placement was absolutely hellish. I don't have half a million in spare cash to do it again.

[Quantitative Easing]

Sky needs to choose a husband. Who does Sky want to partner up with, Vodafone, Discovery, or Comcast?

Well the husband(s) need to choose Sky as the partner. Most suitors are scared of daddy comcom saying no. Sky can only flaunt herself so much. She is a damsel in distress. Sky has a lot to offer but might be a bit high maintenance. Sky had a fling with Vodafone while ago but it didn't quite work out. Daddy comcom forbade them from marriage. Has Vodafone gotten over that break up yet? The steamy nights they spent together are still fresh in the mind of Vodafone. Will Vodafane let Comcast go in there and take his ex from him? This is 2020, please daddy comcom let Sky get married.

[Ogg]

Well the husband(s) need to choose Sky as the partner. Most suitors are scared of daddy comcom saying no. Sky can only flaunt herself so much. She is a damsel in distress. Sky has a lot to offer but might be a bit high maintenance. Sky had a fling with Vodafone while ago but it didn't quite work out. Daddy comcom forbade them from marriage. Has Vodafone gotten over that break up yet? The steamy nights they spent together are still fresh in the mind of Vodafone. Will Vodafane let Comcast go in there and take his ex from him? This is 2020, please daddy comcom let Sky get married.

In Pride and Prejudice, Elizabeth eventfully ends up with Mr Darcy.

The love story between Vodafone and Sky is still playing out.

I believe the marriage will happen this year.

[Getty]

The picture of the whiteboard is from Wynyard Group.

https://www.stuff.co.nz/business/911...l-crisis-in-nz

Hell, I hope Sky doesn't fall into the same hole as Lose Yard

[Balance]

Well the husband(s) need to choose Sky as the partner. Most suitors are scared of daddy comcom saying no. Sky can only flaunt herself so much. She is a damsel in distress. Sky has a lot to offer but might be a bit high maintenance. Sky had a fling with Vodafone while ago but it didn't quite work out. Daddy comcom forbade them from marriage. Has Vodafone gotten over that break up yet? The steamy nights they spent together are still fresh in the mind of Vodafone. Will Vodafane let Comcast go in there and take his ex from him? This is 2020, please daddy comcom let Sky get married.

Love the analogy! 😁!

[Quantitative Easing]

Vodafone right now thinking about Sky...