Relax mate. I was taking the piss.
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As a general statement o everyone, I wouldn't get too hung up on delivery methodology. Streaming services are routinely delivered to locations via satellite. Some companies, such as SpaceX, plan to delivery even more.
https://www.nzherald.co.nz/business/...ectid=12345145
Fantastic news. We are already taking ~$6M of interest costs out by paying the bonds back. This will generate further savings and flexibility.
Today's troll post...
When you hire the guy who worked on the Virgin Media / O2 merger to lead your new strategy as a digitally focused business.
https://www.nbr.co.nz/story/vodafone-fills-new-chief-strategic-officer-role
Take ov...** cough **, o excuse me, I think I have a tickle in my throat.
BACK TO THE FUTURE!
If my calculations are correct. When Infratil gets ComCom clearance, you're gonna see some serious ****
https://www.youtube.com/watch?v=2Byz7eU8jF0
BACK in 2015, the regulators declined O2 when it tried to merge with a rival carrier, but 5 years later, the regulatory environment has changed significantly and approval now looks all but a done deal.
https://techcrunch.com/2020/05/07/li...k-in-39b-deal/
Virgin Media owns a large part of the pay television market in the UK and it plans to merge with O2 to create a media power house to rival competitors.
"The deal underscores the bigger consolidation trend that has been playing out for years, where smaller and more narrowly focused businesses are coming together with those that offer either complementary services to offer better bundles, or overlapping ones for more economies of scale."
"We are seeing a different tack at the moment from regulators, who have pointedly said that not only are they aiming to approve and clear faster a backlog of deals, but to give them a more open-minded treatment given the current state of the market, to keep the economy turning."
Cliff notes:
-media market has changed
-less regulation from watchdogs because of covid-19
-customers get better deals
-economies of scale improve profitability
What happened almost 5 years ago?... That's right, the Vodafone and Sky merger
Conclusion: ComCom clearance a done deal for Vodafone parent company Infratil to acquire 100% of the shares in Sky Network Television!
The hiring of Richard Mooney as Chief Strategy Officer is just another sign that a merger is in the works: https://news.vodafone.co.nz/richardmooney
Nope. Far from it.
My hope is that no takeover eventuates because any offer will be far below my estimate of long term intrinsic value.
I do, however, recognise that given the current low SP the chance of a takeover is high. I also think there is a lot of merit in IFT doing the takeover. I have outlined my reasoning extensively in previous posts as to why I think that.
Ultimately, I make no firm predictions on whether a takeover will happen or not - and who all of the interested parties might be.
But if it turns out IFT use their raised capital for some other acquisition - I will be surprised. Pleasantly surprised in this case - but still surprised.