11 reasons to add mnf to the radar, page-12

Hi Guys, new here. Hope you don't mind me tagging along.
Hold MNF and MNFO.

This statement from Seven's ann makes me feel more confident with MNF as far as competition from ENG goes.

>The acquisitions of the Unwired WiMax venture and a big chunk of the Engin VoIP concern are providing a continuing drag on the TV-centric company with some insiders at Seven saying that the networki is considering selling the two Companies.
Seven results for the year to June 30, reported to the ASX yesterday, include an $18 million charge for concerns at Engin. And Unwired still seems a long time away from any significant return on its heavy investment in WiMax technology ­ while telecoms carriers including Telstra, Optus and Vodafone are running riot with take-up of their HSPA 3G networks for Internet access and data downloading as well as mobile phone usage.