@LiverpoolOne, I think what you will find is that telcos are diversifying their business. If they provide internet connections to homes, they also provide wifi. And that being the case they would like to bundle with products that use that wifi, Such as home assistants, alarm systems, camera and ....lights!!
Just have a look at comcast in the USA. LIFX and Hue are the only two smart home lights they promote. Go to a telstra shop and have a look at the gadgets they are partnering with.
Also Bud isnt a lighting Coy. The asian telco is interested in the OHM side of operation initially. If you listen to the Webinar Travis tells us that...
BTW congrats on the EPL, can they go through undefeated?
BUD Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held