Flexible Data: Reinventing Mobile Data For Today's Subscribers, page-40

I'm happy you mentioned declining ARPU and developing markets vs ours, especially in regards to how SYT is trying to position itself.

In reality this falls within a larger geopolitical discussion. We consider ourselves developed today but even within our developed countries, the middle class is getting crushed.

Generally speaking what happens in a developed economy soon follows in developing countries. Sometimes that delay is 1 year, sometimes 10. So there is a long term threat to SYT, if we in developed countries go down a unlimited data plan model which then follows into developing countries.

We could make great cash in the short to medium term but industry unknowns and technological advancements are the real industry changers that we don't know yet.

I've looked at white papers of board levels and their respective forecasts to data prices. What expected to happen in 5 years actually happened within 1.5 years. That is how wrong the consultants got it. In essence the future is arriving earlier than expected.

Then you've got companies like Facebook and Tesla talking about providing free internet to entire continents.

The reality is, ARPU will continue to decline as the cost to provide these services becomes cheaper and the industry more competitive. I'm not looking at the current picture, i'm looking 5 years from now. The current SYT model makes sense now, but industry changes in 5 years could change all of this.

Regards,

Taz.