Hey d_l_b, I appreciate the thought you put into where you think the wider telco ecosystem might be/is heading and get why you think it can only be a good thing for NOR to ride along on their coat tails. Of all the "hold" posters you are alone in consistently constructing a thought out argument.
Where I diverge from you is on the fundamental saleability of voicemail/ visual voicemail/ AI voicemail. There has been no evidence VVM in particular has gained any material traction in the market - either at the retail or enterprise level. I just don't see it all of a sudden becoming the "thing" that is going to provide reliable enough income streams to make it viable.
Having myself been trapped in some fairly ugly spec failures over the years I do feel for (most) NOR holders who are teetering on the precipice. My frustration is with how the management of these types of businesses seem to be able keep getting away with it. Retail investors (of which I am one) really are at the bottom of the food chain.
Good luck mate, for you I hope I am wrong and you are right.
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