Yes but sky would then have to fund around £4 Billion plus the £400 Million for the spectrum and finally a few billion for 3, nearly £7 Billion is not worth it. They will never make up the amount they spent, sky's current income after tax is less than £1 Billion every year
---------- Post added at 16:18 ---------- Previous post was at 16:16 ----------
Quote:
Originally Posted by Telly Bear
I guess if Sky put in a bid for EverythingEverywhere or 3UK it will be debt funded. Although the spectrum EE have to sell off is only valued at £400million. Sky will 100% start/takeover/go virtual on a mobile network.
If Sky can raise £2.2billion for football rights I'm sure getting £billions for a mobile network will be easy enough.
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Your idea is about £7 Billion and don't forget all borrowed money includes interest