Not too sure what the purpose of you repeating basically everything i mentioned but will say that you are a full ball on ENG/Wimax so credit where due.
In fundamentals talk though (thats my field), 300million rollout you mentioned for all capital cities I would like confirmation on (only if one available though - no guess work). One thing I have learned in my time is forecasted vs actuals are two different languages. If you don't have - never mind - seven/ENG won't be too far off reporting it.
Seven ($1.5b)is a small player in the potential Wimax end game imo but a good media partner to have for a bigger interested party. Seven are currently testing the waters with the Olympic rollout of TiVO - but $699 per box is a little on the upside for for an introduction. Whats that got to do with Wimax - nothing - but most won't even know that so its a market tester imo.
Good to see your response regarding the LTE and MobileWimax. 2 eventual competing market forces will result - always good for retail revenue.
Unfortunately for everyone involved in all three ENG,FRE and MNF, we do need to see how Telstra plan to grab onto this market. imo Telstra won't want to jeopardise the billions of kms of fibre cable rollouts, contracts, 90% fibre supported customers etc it won't happen anytime soon imo. ie any rollout of Wimax in Australia will be met by Telstra built brickwalls atm unless it is Telstra fibre friendly (for lack of a better term). This is where I see MNF for a frontline opportunity - but ENG and FRE will also benefit imo.
And Phishpheet - NEVER discount a simple profit making balance sheet (even if it is qtr by qtr).
Cheers, The Sparkler
PS - I still say Seven have jumped the gun too early on Wimax
MNF Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
