Indeed. Sky hasn’t had a CFO for months.
Maybe they don’t think they will need one for very much longer...
Printable View
https://www.nzherald.co.nz/business/...ectid=12415513
Some speculation Sky may be taking a look at buying Vocus before any IPO.
In the meantime, Ogg is working the phones to gauge interest from Comcast, Nine and Foxtel to ensure bidding pushes the price up beyond 60c per share...
Thanks MT, that started my day with smile....even a laugh out loud:t_up:
Not a terrible idea in the near term, as sky reselling someone else's broadband offering is a low margin dead end, eliminating the middle man means more margin for Sky.
However long term broadband via Chorus fibre is going to shrink as wireless & satellite increasingly offer a better and in some cases cheaper solutions.
I'm swamped at work at the moment, so no time for conspiracy theories.
But the recent announcement of Andrew Hirst as temp CFO looks good. This guy specialises in "transactions". Surely something is brewing behind the scenes here.
Just lol if Sky does buy Vocus. Seriously, that would be it for me. I don't think Sophie is this dumb tho. More of a "Martin" idea.
Something has to happen soon. Once the $100m bonds are paid off and greenlight for ComCom is given, it should be all go!
No need to make "conspiracy theories" up, when you know sh*t is about to go down.
Sharesis users should be piling in soon. I'm watching the forum. No posts yet, but one will pop up soon.
There's a market for rotting corpses.
Quote:
Google bought Motorola for $12.5B, sold it for $2.9B, and called the deal ‘a success’
https://bgr.com/2014/02/13/google-mo...erview-lenovo/