As far as value is concerned, go check what Virgin got selling their "virtual" mobile base back to Optus (?) - squillions.
Subscribers equate to $ per line value - the relationship and loyalty is the goodwill component.
ENG is growing its customer base rapidly and addint $ per line value to the bottom line - period.
WHEN number portability turns up between VOIP and the rest of the telco fixed technologies, ENG will be the main beneficiary - watch consumers beahviour when that gets delivered. Not to mention UNBUNDLING of ADSL/telephony service.
ENG is in the right place, right time, with the right management in place.
IMO of course.
Phil
ENG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held