Ann: Telstra to Become Primary Reseller of Buddy Ohm in Australia, page-99

All,

Any views/comments on Telstra deal and how it may be structured?  I seriously hope it carries minimum contract value otherwise I doubt Telstra's full commitment.

The comment on the release gives me confidence that it is strongly likely that Buddy should be able to force Telstra on minimum contract value.  Or else why would we pass on our multi-million dollar pipeline?

Thoughts??

"The Company intends for Telstra to become the preferred mobile operator reseller of Buddy Ohm in Australia, and in turn, Buddy intends to migrate most of its existing Buddy Ohm customer base to Telstra. In doing so, Telstra is expected to gain access to a projected multimillion dollar pipeline of Buddy Ohm customers from the commencement of the deal, and Buddy will be able to streamline its operations to focus on supporting Telstra and its growing roster of global mobile operator resellers. "