Allphones gone bust, page-4

With all due respect Free 2017 marks the first year where data costs are expected to exceed revenue.

The whole of the industry is in turmoil hence the race for alternative revenue streams to justify the infrastructure costs around maintaining networks. Forget retail phone outlets soon the manufacturers will install a universal sim and you will connect to your carrier choice without reference to cost but to content. Data, voice and other services will be free with your $89 media package (minimum contact two years but you pay for the handset). Unless handsets morp they will no longer be useful.

With the morphing of cable to broadband and the expansion of the number MVNOs piggybacking and forcing prices down, the hunt for a way to differentiate offerings is on and is why the majors are all looking to leverage revenue now to bolster future revenue through content. Telcos will be competing with free to air ( the tech is already here) and cable and your phone will be your set top box and PS4 etc.

For the first time ever owning a telco is a loss leader and why the SYT offering is so important not only for managing content but the reduction of delivery and establishment costs.

Industry consolidation is coming and SYT are well placed to be a part of the future of the mobile internet.