siriusly I don't know if your ignoring this or not but the jv is going to pay for the network. The cost will be split 51/49. This is going to be taken from the procedes on an amortized basis. I know this isn't stated in the agreement but it will be in the business plan. It's Ok that it be this way both companies are going to do exceptionally well on the deal, but the front end is awash with red ink. It will be covered by a loan or selling of equity with VPN being the buffer for any underflow. We wont know all this until the plan is made public, but my nose tells me this is how it will work.
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