A large "smart TV" is essentially an oversized tablet too big to hold. You can stream TV to it just like your tablet does from the internet. Have one hooked up in my basement. Some of the technology being introduced you can tell it to change the channel by voice commands (still fairly rudimentary at this stage but will only get better) so that the Klown can still sit on his couch with his hand on one beer and the other hand around his blow up doll.
Once your home gets enough bandwidth to stream adequate TV (without buffer) you might just put on your Google glasses to watch TV. You won't have to sit up enough in the recliner unless it is to sip your beer. The klown/worm can just snuggle up to his blow up doll in bed with his Google glasses and watch nasty videos over the web of his latino tranny with a tan. The imaginary cruise won't hold a candle to the imaginary world the klown will have brought about with virtual glasses and adequate bandwidth.
Mixed thoughts on breaking up the company. From a long term view I believe Vodafone should not be split up. If Caloa/big shareholders take a more short term/intermediate view to unlock current value, then split away. It is going to boil down to what the largest shareholders want for Vodafone. From an operational view there is little reason for VOD to want to crawl in bed with Liberty (little need for final mile fixed line as wireless technology expands bandwidth to rival fixed.). Some decent fiber trunks in Germany would be good for VOD but that is it which is why it would most likely be Liberty as the aggressor. The reason for a tie up with T would be the marketing position for business class customers with global operations as well as the potential in mobile banking of VOD that could be brought to the U.S. market. A mobile wallet that would have operations on all but one continent.
Verizon is making the right moves to shed final mile to the likes of Frontier. The small cell technology in the pipeline will eliminate the need for a fixed line over the final mile. The increased bandwidth capability will open the door for wireless providers to compete with cable and fixed Telco. VZ building their offering organically while AT&T is buying market share that will be tough to defend with market share being attacked by lots of new OTT competition operating under Title II net neutrality.
P.S. The Malone interest isn't a rumor. Vodafone confirmed it is in talks with Malone discussing "asset swaps". End of the day, Malone needs to move into wireless in a much bigger way than Vodafone needs any fixed line backbone. The only way the huge synergy estimates could even be close to materializing is for Vodafone to reduce its market cap allowing for the VOD EU market to be small enough for Malone to be able to swallow. AT&T too busy playing with an AOL rerun in DTV. Maybe you do find a competing bid for VOD if it splits though...
Like I said, build it or someone else will as Charter Communications indicates Title II will not impact their investment plans. Search it.
Just a clarification to this prior post, Pay TV BUNDLING will be a low margin business.
No they won't. Do your DD. Project Spring. Big spending through early next yet will give VOD +90% 4G coverage. Coverage nobody will compare to as VOD launches best of market the customers will follow just like VZ in the U.S.
Pretty much what Colao did to your klown Stephenson. Pay up or shut up......yawn zzzzzzz. Instead Stephenson is leading AT&T into an AOL rerun purchase of DTV. Priceless ignorance by Stephenson.
The filing by VOD pretty much indicates they talks are not for Vodafone to be in the acquirer position, it is Malone trying to get the green banana out of the jar.
Yawn zzzzzzz As still nobody will touch the numbers with a ten foot pole. Priceless. klownmanship.
Three months on and nobody will touch the problems with the structure of the deal sucking up all the excess free cash flow of DTV to service new dividend and interest expense. Enter FCC's Title II and net neutrality and you finally see real competition in the ISP and pay TV space.
The DOJ should be suing the Cable and Telco lobby for acting as a cartel in violation of the Sherman Antitrust Act.
His card play has been far from the "buy us" you suggest. Colao (spell it correctly klown) says pay to play. You have to sweeten the pot. “We have a strategy and we are putting a lot of money into it, but if somebody comes and....." Colao has always said we have a strategy but if someone wants to pay up. Keep in mind he proceeded with fixed line acquisition (for data backhaul) even as your klown at AT&T warned against such purchases.....put up or shut up, VOD is pursuing its strategy UNLESS someone pays up to buy the poker pot.
A full on merger cannot happen for Liberty as the acquirer due to market cap and his penchant for maintaining the helm. It would require a complex "swap" of assets aka spin off of emerging markets leaving the VOD banana small enough for a Malone to swallow.... A full on merger is not on the table for VOD because Colao doesn't appear to see much of any value beyond German cable assets. ....of course it isn't a full merger because VOD doesn't want or need all of Liberty, but a "swap" arrangement would be required for Malone to get his VOD EU target.
"If" being the smallest but most important word. The deal should be blocked as it harms choice to the consumer beyond acceptable benchmark concentration levels. FCC should make T swallow the competitive poison pill of Title II and NN if they want DTV, in order to provide proper competition. T swallows that pill then get ready for Time Warner-AOL rerun of this decade.
That is correct. Someday you will awaken and find the burning wreckage....
Finally done playing with the blow up doll for the afternoon I see.
It was near fair value for a green banana on the recent spike. As the Project Spring banana ripens it will make the fruit sought after and worth more than 250-270p. GBP/USD is stupid low. Should be in the $42-46 range but much of that right now is in the FX fold that is out of whack.
It's the same expansion picture painted by Time Warner as it crawled in bed with AOL just before AOL's market barrier collapsed.....
Do your homework geotag. There is a lot of cable infrastructure and now growing fiber infrastructure of which is expected to soon overtake the lead as largest growing segment of pay TV in latin America. Most of the latin America pay TV growth is over with penetration nearing 60%...and the U.S. sits about 84%. Even IF latin America penetration matches the U.S, which I doubt, then over 70% of the growth in pay TV is over. Continued growth is expected in the overall pay TV market is expected but the growth leader will not be satellite. DTV acquisitions just makes AT&T fatter and exposes them to a deteriorating business model as IPTV comes into the big picture as bandwidth expands in the U.S. 80% of DTV revenues come from the U.S. although it is ~50% of the subscriber count.