Wrong way to think about it, mate. TPG wants 500,000 customers...

Wrong way to think about it, mate.

TPG wants 500,000 customers to break even operationally.

AYS has 1,000,000 customers.

AYS market cap is only $325 million.

TPG has just paid 1.9 billion for spectrum alone. They are willing to go all in on this matter, and it will costs them more than $325 million to get 1 million customer the "hard way" (advertising , price cuts, etc)

Isn't the outcome already pre-determined?

TPG will try to acquire AYS, and the stock will double in price.