I think technically CM is still in the game. The estimated revenue is a shade over $1m AUD.
$250k AUD p/a
But, we don't know the minimum commitment (not that it matters really) more important is that Spark are a carrier in a modern 1st world economy.
This will add significant weight as a reference customer.
Interestingly, we don't know which products NOR are selling them, it's very light on details. I'd suggest it's the whole box and dice!
Looking at the deal itself, with 2.3m subscribers and an annual revenue of ~250k, that's $0.10c per subscriber per annum.
Obviously the deal won't be structured that way, but it's a good reference for future possible deals (unless they discounted this one to kingdom come).
E.G. Telco 2: 10m subscribers = $1m p/a revenue? etc, etc.
Anyway, no doubt this will see Pinnacle and many holders stump up for the CR, and I'm on record for saying if PO got it away he deserves his $28ok, and I'll stand by that.
A great deal considering the pressure they must have been under.
Congrats to holders, @Holla please post your reaction on youtube! hahaah
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