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Ann: Australian mobile network rollout update, page-23

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Tinwins

15,921 Posts.

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29/01/19

10:50

Post #: 37248397
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Originally posted by goosmurf ↑

Originally posted by Tinwins
'The Company does not expect any impact from this decision on its FY19 guidance and does not anticipate having to write-down, at this time, the mobile network costs capitalised to-date.'

How is there no financial impact or write down> ffs they have spent $100mil on this so far and if they have established a small cell with Huewai products wont they have to close them down if the govt has banned Huewai products?
Because in the absolute worst case scenario that no VHA merger occurs they had always planned to use the small cells for fixed wireless NBN bypass.

Cast your mind back to the 2017 AGM(?) where they said that the choice of cell locations is based upon proximity to fibre footprint and where TPG customers are currently heavily concentrated.

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Goo, thanks for the feedback. i hit the sell button anyway. will watch and wait for the outcome.

TPM Price at posting: $6.79 Sentiment: Hold Disclosure: Held
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