here we go, page-11

An august announcement won't include any churn from the July11 iphone debut so can't be used to put that issue to bed.

I truly beleive the 3 customer base is predominantly the iphone generation - and will leave for Optus as contracts expire.

I also forcast the churn from 3 because of the iphone will be enourmous and 3 customer base will drop to 1.2 million and decline futher unless they do something clever with the 850mhz spectrum by july 09.

HOw a broker can rate hta as buy on the volumes its been trading defies common sense, AND those that are being sold are probably from Barry RobertsThompsons leanrose vehicle - he has a gazilion shares on margin loans that cannot be supportable.