@huntfish
I'm not sure Telkomsel, indosat are/were in the sales pipeline when the 350 figure was announced.
Yes revenues are going to increase, but given a tier 1 carrier is now worth all of $250,000 a month max & its going to take quite a lot of quarters for that to happen.
Brazil will mask the true position especially since the company seems to have no intention of reporting its numbers separately (which any respectable/reputable company would do).
Yes QAU can grow, just like installs grew, then the installed userbase grew, neither of those though turned out to produce any relationship between that number & revenue.
As I've said many times already QAU on its own is a meaningless figure, its has to be taken in context together with the size of the installed base, how many users are triggering repeat royalty payments monthly, quarterly.
Sadly the incomings other than Brazil are not increasing fast. If you look at the current dynamics of the 2 products Dataflex would provide the best shareholder value, yet the total silence on it says we've been spun a story.
In fact we've been spun far to many stories in the past 18 months.
Its just a pity so few are prepared to stand-up and tell the truth.
LOTM