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31/01/19
18:59
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Originally posted by OnlyTheBest:
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So in short. Digicel have lost exclustivity but will remain selling ohms. Buddy will pursue other resellers for these regions. They think 20.1m in 3 years is highly unlikely and they will give an updated forecast on revenue predictions in the quarterly we are waiting to be released any moment. This is all due to digicel going under a lot of financial and management problems and the sad unexpected passing of digicels CEO also created delays. It's not good, but its not the end of the world. Hoping the 4c surprises us.Still dont know what the aqcuisition is for.
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It's not that bad and I'm happy Digicel are still around. It sounds like BUD ended it to engage with more resellers in the region. I think it went down like this Digicel: " We have some problems may need a break". BUD: "Will you sell OHMs but not exclusively". Digicel: "Why not". BUD management find more resellers to sell more OHMs. The market won't like it but im not overly unhappy and could mean more OHMS getting installed. Then again DM does sugarcoat bad news all IMO.