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I would because they are spending barely 40 of that on telco. Most of it is being spent on their content play to capture "premium" customers i.e. not the 163 mi
by hos234 7y ago
I would because they are spending barely 40 of that on telco. Most of it is being spent on their content play to capture "premium" customers i.e. not the 163 million Microsoft claims don't have basic broadband speed internet access. Might as well just divide the country and be done with it, if you are quite happy with the direction Big Telco will take us.
- rayiner 7y agoOpEx in the Warner media unit is just 4 billion of that total.
- hos234 7y agoYup looks like I jumped the gun there. I was looking at mobility group opex - 41 billion (150 million subscribers). Assumed rest was content (hbo/warner/turner etc). They have a header called "entertainment group" opex - 36 which I assumed was content. Digging deeper "entertainment group" was actually cable and satellite.