So in the financial report Vodafone have a $1.6b credit facility that can be used at anytime.
Over $1.4b is available..
Seems like way more money than they need.....
Unless of course it's the amount of money they have ready to buy spectrum..
Singtel/Optus just spent big time in the Singapore spectrum auction.
The Australian 700MHz auction has commenced...
The winners to be announced by the end of this month
Anybody gone through TPGs financials to see if they have a spare billion or two?
700MHz Auction announced, page-7
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