I see the logic of your subscriber model for the first several months, especially if word-of-mouth is the main driver of subscriber growth. You'd expect exponential growth (geometric progression) until some degree of saturation slows down the growth rate. The fact that the buildout will presumably be somewhat linear is a complicating factor.
Of course, both of our models lean very heavily on the subscriber projections provided by our JV partners. I trust that the projections are based on extensive knowledge of the Mexican market.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.