Quote:
Originally Posted by m419
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 ----------
Your idea is about £7 Billion and don't forget all borrowed money includes interest
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Like you said, £8billion is nothing as some mobile firms have £48billion of debt, hell even Virginmedia have £6 billion. So looking at it that way Sky only needing £7billion makes me think its even more likely. But from I have read it will only take Sky an estimated £3-£4billion to launch a network using EE's sell off spectrum.