Yeah, but the point is that TPG will likely have lower capex to make the transition, therefore lower costs for the same customers as the other players. Auctions be auctions, the big guys have limits and return hurdles as well.
I don't think it is a 'cliff', just a period of a lot of capex and some risk that they get the market share they need. I'm not that concerned about market share. As an example, offering unlimited data for 6 months or something similar will be pretty powerful disruption the market. I think TPG is going to go for the jugular and offer ridiculous Data plans for metro areas. You'll be roaming in the outer suburbs but don't worry about that, 50 gig of data! haha
TPM Price at posting:
$5.06 Sentiment: None Disclosure: Held
