Hi Phishpheet,Whilst I understand they are different frequencies...

Hi Phishpheet,

Whilst I understand they are different frequencies and understand the product differences, whats to say any initial rollout by Seven won't carry the same technical problems, costs and the same backlash by buyers - enough to warrant a complete shut down as with BUZZ.

I'll stand by what I say that the rollout will be a big burden to the operators balance sheet (greater than the 300million you anticipate) with profits unknown. I guess Seven are working on that now. How will Telstra respond to such a move by Seven? AT&T are also a competing entity from memory (ie LTE) but can't confirm.

Not discounting Seven's enthusiasm since they own a portion of the media but more questions need answering to conclude on Aus operational costs and bottom line forecasts for owners and end users.

Happy for MNF to continue along with their successful growth model atm and yes I agree they've got one of the best looking balance sheets ive seen on the spec end for a very long time. ie good management, good models, excellet balance sheet - easy for any accountant to put together.

Given the strike rate for BUZZ on existing customer addition to Wimax, MNF customer base represents excellent value to a prospecting buyer imo which will only become more expensive.

Cheers,
The Sparkler