I personally think that rather than entering "mobile" via their own capex, they should do a JV with an established telco with established mobile infrastructure. Surely that would be a marriage made in heaven? This is what smart global operators, that actually know how to deploy capital in a competitive game, are doing. Liberty Global (US) & Telefonica (Spanish) have done this in the UK by merging Virgin Media (Liberty Global) with O2 (Telefonica) into a JV. VM have scale in fixed customers (in UK) and O2 are the largest mobile operators in the UK. The two together give them enough scale to confront the BT behemoth (in telco-land) and the Sky juggernaut (in media) (ie Sky UK, part of the Comcast empire - not to be confused with Sky NZ). Surely Sky NZ needs to go this route.
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