Nope, I read it as ONEV gets 30%
MTNL gets the rest, although I am sure Mantec gets a cut too.
30% is not a bad cut, IMO, given the # of subs. That is a lot of cash in ONEV's pockets. The issue is when will this roll out? If we have to wait another 6 months, we will be climbing out of a lot deeper hole.
I would have liked to see the same type of revenue and penetration projections for Telnor. Dean was much more general when talking about Telnor and Telmex, and that makes me nervous frankly. Even a ball park penetration rate would have been nice to read in a public filing.
Any ideas on what will get this thing moving north? The OEM is clearly delayed based upon what was said and what wasn't, and who knows how far the Intel project is.
They are certainly executing their business plan better than they ever have before, which is good. How much the current investors will profit from that is a big question in my mind, though, and it is frankly the only question I care about.