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1,527 Posts.
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12/12/03
10:13
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This is an interesting read
http://www.smh.com.au/articles/2003/12/11/1071125590871.html
They have not got one single customer, no revenue and a new technology to convince people to use.
Unwired is going to be valued at 217mil !!!
They are raising $100mil.. They will spend a good chunk of this just installing their hardware etc
Shares oversubscribed. Obviously insto's are keen on the broadband segment as a whole.
I guess one good thing for Unwired is they will "own" the network and are not at the mercy of Telstra.
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