Ann: TV2U Signs Indosat to Deliver New Streaming Platform, page-173

My remark about pricing was simply in relation to announcement of the agreement not any subsequent revenue flows. I think my comment is validated by the SP action. We simply differ in opinion about forecasts. Noting your forecast is a quick and dirty I would say that while a low percentage like 8% seems conservative, my opinion is that it's not really accurate to assume penetration can be achieved like that. B) you're assuming 8 million subs from day one. When it actuality it will be more or a gradual ramp C) there is no attrition factor - I know I've cancelled a subscription before. D) I personally do not think 20c is close to what TV2 will get - a platform is simply not worth 60 mil/three years.If Indosat expects the success you do, then they would probably turnaround and ask why are we paying so much? Just my thoughts - welcome others to rebut