no Ash- it's down because TLS are content to roll out 5G at 3.6GHZ by end of 2018 and into 2019.
what they should do is to buy the spectrum at auction and develop 26GHZ capabilities from the outset.
that's why brokers are holding off-there is bugger all earnings growth in 3.6GHZ if you factor in the infrastructure costs and no inkling that 26GHZ will be developed.
it's not Penn that is the problem, he is just the fall guy- he has to take advice from his management team and the board.
if you sacked the board and got a decent advisory panel, Penn would shine.
cheers crazypunter
no Ash- it's down because TLS are content to roll out 5G at...
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