You're basically saying that they are both crap. But which one will die first? And if they're both crap, how come Z Energy isn't trading as low as Sky?
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I am only saying satellite TV will die. Not Streaming.
I would be guessing if i had to pick one. Electric cars seemed far, but Elon closed the gap and changed people's perception in a very short time.
C'mon Ogg. Currently, there is no rationale on how some stocks are valued in the market. CBD for example and a few more.
SKT has over 900K paying subscribers. For any company with that sort of subscriptions and to still trade around .15c is just ridiculous.
Other from streaming, Heck for any large multinational this is a huge customer base to do anything with.
If they broke down their satellite customers to show how many of the 585K are streaming with Vodafone TV it would give a much clearer idea as to how long ‘traditional satellite pay tv’ is likely to go on for.
I would think that within 10 years the subscriber numbers will have dropped below the point where it no longer makes economic sense to continue offering the service.
But that is a pure guess - I don’t really have any idea.
Looking forward to Aussie v England cricket Thursday night ....series decider