$1.6B they reckon! For a business with far less FCF than Sky, yet much more positive sentiment towards it.
I like the Sky UK model better anyway. They purchased a broadband service from Telefonica initially in 2013. Three years later they launched Sky Mobile as a MVNO utilising O2's infrastructure. Seems to have worked out for them pretty damn nicely.
Now gee whizz, how on earth might Sky Network Television achieve this exact same outcome? Hmmmmn, anyone?
Oh yes, that's right! Merge with Vocus.
Hey presto! Sky have a broadband network!
Hey presto! Sky can offer mobile as a MVNO using Spark's infrastructure.
You got my vote next time there is a vacancy for a director on the board.
FY results given 25 August and then the AGM should be in early to mid September.
If a deal is to be done I would think it would be done within the next few weeks. Once both parties agree in principal it doesn’t take that long to wrap things up.
So if we make it to the AGM with no deal announced it is because no deal is happening.
Was at Sylvia park yesterday and Sky had a kiosk selling their packages. Must be part of their Olympics campaign.
May have been a third party marketing company that gets a payment from sky for every subscriber they sign up (the same companies that do door to door sales for various entities like sky, chorus, electricity/broadband retailers, charities etc)
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