Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.




524 posts

Ultimate Geek


#271665 21-May-2020 11:04
Send private message quote this post

Saw this today, $157m is a reasonable investment in broadband infrastructure and the supporting services that go with it. 

 

You'd like to think their point of difference was a good value entertainment bundle. 

 

https://www.stuff.co.nz/business/121580893/sky-tv-to-tap-investors-for-157m-and-enter-broadband-market

 

Sky finally heading in the right direction perhaps. 

 

 


View this topic in a long page with up to 500 replies per page Create new topic
 1 | 2 | 3 | 4 | 5
6251 posts

Uber Geek

Trusted
Lifetime subscriber

  #2488579 21-May-2020 11:12
Send private message quote this post

Crowded market not something I would do

Devastation by stupidity
12026 posts

Uber Geek

Lifetime subscriber

  #2488582 21-May-2020 11:17
Send private message quote this post

Maybe Sky is getting desperate. They seem to be doing a lot of advertising on Freeview lately.

 

 





I don't think there is ever a bad time to talk about how absurd war is, how old men make decisions and young people die. - George Clooney
 


 
 
 
 


1273 posts

Uber Geek


  #2488583 21-May-2020 11:18
Send private message quote this post

Talk about out of the frying pan and into the fire





Most problems are the result of previous solutions...

All comment's I make are my own personal opinion and do not in any way, shape or form reflect the views of current or former employers unless specifically stated 

22525 posts

Uber Geek

Trusted
Lifetime subscriber

  #2488584 21-May-2020 11:18
Send private message quote this post

Rikkitic:

 

Maybe Sky is getting desperate. They seem to be doing a lot of advertising on Freeview lately.

 

 

 

 

LOL If advertising is a sign of desperation, Briscoes is in BIG trouble. 

 

 


253 posts

Ultimate Geek


  #2488587 21-May-2020 11:21
Send private message quote this post

Explains the trading halt shares were in...

 

Boradband is a crowded market already and low margin to boot, would need some significant differentiation to make this worthwhile. They'll be hoping a significant number of people will bundle broadband and entertainment - but will customers respond to that? Market share in broadband seems fairly static overall, I don't think the power companies that are bundling broadband are having massive uptake of it.





6251 posts

Uber Geek

Trusted
Lifetime subscriber

  #2488627 21-May-2020 11:26
Send private message quote this post

Think of how confusing the BB packages will be if anything like getting Sky!! OMG the headache


1726 posts

Uber Geek


  #2488628 21-May-2020 11:26
Send private message quote this post

And dont forget Stuff did Fibre for 3 years to get 20,000 customers....... to exit by selling to Vocus.


 
 
 
 


22525 posts

Uber Geek

Trusted
Lifetime subscriber

  #2488631 21-May-2020 11:28
Send private message quote this post

Linux:

 

Think of how confusing the BB packages will be if anything like getting Sky!! OMG the headache

 

 

Not sure what you mean? Getting Sky couldn't be easier? I've done it lots of times. It's usually 1 15 minute call, and one 15-30 minute visit onsite. Even if it were double that, I don't consider that unreasonable. 

 

 

 

 

 

 


6251 posts

Uber Geek

Trusted
Lifetime subscriber

  #2488639 21-May-2020 11:36
Send private message quote this post

networkn:

 

Linux:

 

Think of how confusing the BB packages will be if anything like getting Sky!! OMG the headache

 

 

Not sure what you mean? Getting Sky couldn't be easier?

 

 

@networkn You have to have this package before you can get that package, You can't have this Sky channel unless you have this channel

 

Yes it's easy I agree but just annoying at times


1865 posts

Uber Geek

Lifetime subscriber

  #2488643 21-May-2020 11:45
Send private message quote this post

Presumably you’ll have to pay extra if you want to use the Internet in more than one room. And you won’t be able to end your contract without taking your router to an obscure shop in a suburb 15km away. And full speed will be included in the base package for some domains, but you’ll have to pay extra for full speed in others

1380 posts

Uber Geek

Trusted

  #2488645 21-May-2020 11:45
Send private message quote this post

I call it desperate move to deliver content via fiber in order to survive in the next 5-10 yrs.

 

Sky's view:

 

 - people need internet. CHECKED
 - people want content. CHECKED
 - sky can deliver content via internet. maybe CHECKED, buy more online platforms in the next 6-12 months
 - set-up ISP to provide internet and content. sounds like CHECKED.

 

Smart move, yes. Is it successful move(?), time will show.





helping others at evgenyk.nz


1726 posts

Uber Geek


  #2488646 21-May-2020 11:48
Send private message quote this post

kobiak:

 

I call it desperate move to deliver content via fiber in order to survive in the next 5-10 yrs.

 

Sky's view:

 

 - people need internet. CHECKED
 - people want content. CHECKED
 - sky can deliver content via internet. maybe CHECKED, buy more online platforms in the next 6-12 months
 - set-up ISP to provide internet and content. sounds like CHECKED.

 

Smart move, yes. Is it successful move(?), time will show.

 

 

If it doesnt get the $157m from its retail shareholders then the company is essentially bust.  So the next 5-10 years is a big ask.

 

The sweepstake question for FY21: who will make more money - Sky or TVNZ.   Hahahahahaha.   BTW, my bet is on TVNZ.


22525 posts

Uber Geek

Trusted
Lifetime subscriber

  #2488648 21-May-2020 11:52
Send private message quote this post

ockel:

 

kobiak:

 

I call it desperate move to deliver content via fiber in order to survive in the next 5-10 yrs.

 

Sky's view:

 

 - people need internet. CHECKED
 - people want content. CHECKED
 - sky can deliver content via internet. maybe CHECKED, buy more online platforms in the next 6-12 months
 - set-up ISP to provide internet and content. sounds like CHECKED.

 

Smart move, yes. Is it successful move(?), time will show.

 

 

If it doesnt get the $157m from its retail shareholders then the company is essentially bust.  So the next 5-10 years is a big ask.

 

The sweepstake question for FY21: who will make more money - Sky or TVNZ.   Hahahahahaha.   BTW, my bet is on TVNZ.

 

 

Where are you seeing that Sky is essentially bust without 157M? My understanding is that it's to pay for the new services they want to add?

 

 


1726 posts

Uber Geek


  #2488652 21-May-2020 12:02
Send private message quote this post

networkn:

 

 

 

Where are you seeing that Sky is essentially bust without 157M? My understanding is that it's to pay for the new services they want to add?

 

 

 

 

Its to pay down debt.  Launch of new services is next year.  Banks have demanded that it reduces its debt.  Its issuing 1.3bn shares (thats 3x its existing shares) at 12c each.  It has no institutional shareholders as they have zero confidence in management and its strategy.  So its all retail.  And if it doesnt get the cash from its retail shareholders what will the company do to repay its debt???

 

Its worth $50m pre funding.  The current management have halved EBITDA in two years.  It will have profit of $5-15m next year (a rounding error).  And there is no clear sign that it can turn that around.  


22525 posts

Uber Geek

Trusted
Lifetime subscriber

  #2488655 21-May-2020 12:17
Send private message quote this post

ockel:

 

networkn:

 

 

 

Where are you seeing that Sky is essentially bust without 157M? My understanding is that it's to pay for the new services they want to add?

 

 

 

 

Its to pay down debt.  Launch of new services is next year.  Banks have demanded that it reduces its debt.  Its issuing 1.3bn shares (thats 3x its existing shares) at 12c each.  It has no institutional shareholders as they have zero confidence in management and its strategy.  So its all retail.  And if it doesnt get the cash from its retail shareholders what will the company do to repay its debt???

 

Its worth $50m pre funding.  The current management have halved EBITDA in two years.  It will have profit of $5-15m next year (a rounding error).  And there is no clear sign that it can turn that around.  

 

 

Hi.

 

That's interesting considering they made some decent sized acquisitions in the past 2 years with RugbyPass Et Al.

 

Where did you get that information from?

 

 


 1 | 2 | 3 | 4 | 5
View this topic in a long page with up to 500 replies per page Create new topic



Twitter and LinkedIn »



Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

Samsung Announces 2020 QLED TV Range
Posted 20-May-2020 16:29


D-Link A/NZ launches AI-Powered body temperature measuring system
Posted 20-May-2020 16:22


NortonLifeLock Online Banking Protection now available for New Zealand banks
Posted 20-May-2020 16:14


SD Express delivers new gigabyte speeds for SD memory cards
Posted 20-May-2020 15:00


D-Link A/NZ launches Nuclias cloud managed network solution hosted in Australia
Posted 11-May-2020 17:53


Logitech introduces new video streaming solution for home studios
Posted 11-May-2020 17:48


Next generation Volvo cars to be powered by Luminar LiDAR technology
Posted 7-May-2020 13:56


D-Link A/NZ launches Wi-Fi Certified EasyMesh system
Posted 7-May-2020 13:51


Spark teams up with Microsoft to bring Xbox All Access to New Zealand
Posted 7-May-2020 13:01


Microsoft plans to establish its first datacenter region in New Zealand
Posted 6-May-2020 11:35


Genesis School-gen has joined forces with Mind Lab Kids
Posted 1-May-2020 12:53


Malwarebytes expands into privacy with fast, frictionless VPN
Posted 30-Apr-2020 16:06


Kordia to donate TV airtime on Channel 200 to community groups
Posted 30-Apr-2020 16:00


OPPO A91 is a high specs mid-range smartphone
Posted 23-Apr-2020 16:44


NordVPN rolling out NordLynx new generation VPN protocol based on WireGuard
Posted 23-Apr-2020 16:37



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.


Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.