Breaking news: SYT (indirectly)
"Bloomberg reported that AT&T is close to buying Time Warner for about $US86 billion ($113 billion) and that a deal could be finalised over the weekend. Time Warner stock jumped nearly 8 per cent in regular trading and an additional 5 per cent after hours. http://www.smh.com.au/business/medi...-shift-in-media-industry-20161022-gs896y.html
So, for all you keen SYT admirers
, what does this mean for our little stock? Well, as you already know, the big telcos are moving quickly into the sponsored data arena; why? well, because that it where data is going. If you don;t know, then just trust me on this.
AT&T have signed Syntonic for their 'operating system,' the Connected Service Platform (CSP), to launch AT's sponsored data programs, as well as giving access to AT's millions of users by way of SYT's Freeway. Recently, the deal between them was expanded. This may have something to do with the fact that AT purchased DirectTV last year for $50B and the CSP will be used to launch it on mobile devices. DirectTV is pay TV online, and soon on mobiles, if I have my argument straight.
AT's purchase of Time Warner, if successful, brings TW's huge entertainment business into AT's telco network. Now why are they doing this? What has telephones got to do with the movie business and news stations like CNN? The answer is quite simple: think smartphones and mobile devices in general, as well as the good old computer main frames, which apparently still exist, for now.
extract:
'The acquisition would combine a telecom giant with a leading cellphone business, DirecTV and internet service with the company behind some of the world's most popular entertainment, including 'Game of Thrones,' ''The Big Bang Theory' and professional basketball.
It would be the latest in a scramble of tie-ups between the owners of digital distribution networks - think cable and phone companies - and entertainment and news providers, all aimed at shoring up businesses upended by the internet.
In 2015, AT&T took over DirectTV, the largest pay TV supplier in the US, in a $50 billion deal. Earlier this week its plans for an internet-based streaming TV service were announced.
The plot thickens..... you can buy SYT now for 4c, or you can wait until next Q release January and pay 40c.
Btw, I'm expecting a take-over of SYT before too long. Why should super telcos pay SYT for every byte of data when they can own the technology?
