TV2 0.00% 0.8¢ tv2u international limited

If you are going to interpret the wording I think you should...

  1. 592 Posts.
    lightbulb Created with Sketch. 89
    If you are going to interpret the wording I think you should quote the wording correctly.
    The wording is...

    TV2U has reached and agreed commercial terms with Toomai, for the engineering and launch of this service which includes;  Upfront CAPEX payment in excess of $1,000,000 for the head‐end expansion at TV2U’s head end at NTT Japan’s data centre in KL Malaysia

    It is quite specific "Upfront CAPEX payment". I would guess that it would be TV2 running the show, would hire contractors if necessary and would not be doing it free of charge. But, like you, I'm only guessing.
 
watchlist Created with Sketch. Add TV2 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.