I did some projections based on PTC'18 conference numbers and got the following, keep in mind i have no practical knowledge of such numbers, and i havent updated them, so happy for any comments on them.
I suspect 2.5Tbps is probably enough, and they did say 2.5Tbps of sales, there was previously stated significant "capacity swaps" being pursued as well, which they might not be counting as sales, and also any sales from GSR (great southern route) would likely be greatly discounted and probably should be counted separately, or not considered.
Column 1
Column 2
0
Capital Cost US$m
172.696
1
Depreciation (25y)
6.9
2
ROIC (10%)
17.3
3
O&M
7.0
4
Revenue Target (US$)
31.2
5
Gbps
40000
6
Cost $/Gbps month
64.95
7
10G MRC US$
24000
8
100G/10G multiple
4.8
9
10x100Gbps year US$m
13.824
10
Target Tbps
2.26
VOC Price at posting:
$2.63 Sentiment: Buy Disclosure: Held