I'm not exactly anticipating they can't.
I am assuming that 70% dont get formally approved under FCC, therefore only 30% can be banked as true income IMO.
It's not to say the other 70% are not replaced, but to replace the 70% brings into the equation time and adjustment from non FCC customer numbers.
As BIG stated, we may have 2000 to replace the current "sponsored" clients.
3518 FCC - 792 (already paying) = 2726 left to which BIG has received upfront payment.
Only 30% or 817 get funded via FCC from the 2726
Means 1909 need to be technically replaced...lets say BIG cover 100% using the 2000 non FCC contracts.
**sidenote to consider- BIG are only increasing customers by 1100 and 1500 last 2 Q not 1909
Then is those 1909 are replaced, thats fine, but one must then remove the 1909 income stream from non FCC customer base?
Yes?
Furthermore, BIG now have received 35% already upfront on those contracts and will only ever receive 76%, not 100% as non FCC customers.
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