Please show me the link that states what Seven has bought and/or committed to in terms of Wimax as referred to in your posts. I have not seen anything concrete.
In any event, MNF, ENG & others are VSP's Voice Service Providers. They are able to use exisiting media such as DSL, Cable, Wifi & 3G to deliver this. If you add Wimax to the mix then MNF will simply use this media to deliver voice.
Your argument is that Seven intend to roll out a Wimax network and combine it with ENGIN, this seems logical. What I will not aceept in this argument is that ENG/Seven will be the only VSP left in Australia after this occurs.
The reason? Quite simple, competition. Irrespective of whatever Seven/ENG come up with it won't be free and the pricing of such services will likely be at a rate that allows repayment to Seven/ENG for the cost of implementing this new network. Look at Seven's recent TIVO launch to confirm thius, they did not give them away, I am not certain of the details but I think they sell for about $600?
Also, you have frequently stated that this scenario will be delivered and operational in all Australian capital cities next year. This statement is without basis and lacks even the backing and announcements of the two major players your reference being Seven & ENG. These are simply your thoughts.
In the meantime, it appears that ENG & FRE & others in the VOIP space will continue to lose massive amounts of money in operational costs and that MNF will continue to go forward, grow at up to 100% PA and post profits where it's peers can not.
If we are having a discussion on this forum as to which VOIP company will provide the best returns for shareholders and should see an increase in share price then look no further than MNF. Deal in facts, look at all of the recent FY08 balance sheets.
MNF Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
