Forum Archive Index - January 2001

["charlie brown" <gordy_gecko@hotmail.com>]

Snoopy

Thanks once again for a well thought out and reasoned response.

Regards

Charles


>From: "tennyson@caverock.net.nz" Reply-To: sharechat@sharechat.co.nz To: 
>sharechat@sharechat.co.nz Subject: RE: [sharechat] SKY TV Date: Tue, 9 Jan 
>2001 23:00:30 +0000
>
> > >I purchased some SKY late last year at $2.80 about the >time that 
>Telstra Saturn and TVNZ signed their MOU. > >One of my reasons for 
>purchasing is that I am of the belief >that NZ cannot sustain 2 digital TV 
>suppliers and therefore SKY >will need to be brought on board some time so 
>that its set top >boxes can be used for the transmission of the Telstra 
> >Saturn/TVNZ service (should this eventuate). I was interested to >read 
>when back home at Christmas a response by a senior TVNZ. >What are your or 
>other chatters thoughts on this? > I think, Charlie, that two digital TV 
>suppliers are very much sustainable. In the mid 1980s when Ansett arrived 
>in New Zealand the catch cry was that there is no room for two domestic 
>airlines. Yet the idea of one domestic airline, now the market has expanded 
>so much, seems an absurdity now.
>
>I predict that in the evolving and growing 'digital communications' sector, 
>we will have Telstra/Saturn on one side of the ring squaring off against 
>Telecom/INL/Sky in the opposite corner. And if you think that SKY TV with 
>all the cricket and rugby sewn up and as the incumbent 'market leader' is 
>going to be easily rolled, think again.
>
>I think that there may well be some competitive 'mud slinging', but in the 
>end people will settle for no more than one box on top of their existing TV 
>set. I think consumer pressure will make sure that any transmission network 
>is shared. To use the airline analogy, consumers wouldn't tolerate Qantas 
>NZ and Air NZ splitting the skies between them and each airline only flying 
>in their own 'half'. This time the government will legislate and we will 
>have one network with at least two 'TV wave' carriers, and maybe a few 
>'niche' ones too. There is no reason that you can't have two (or more) 
>financially independent teams on the same playing field
>
>TVNZ isn't going to be sold off, but isn't going to be fed the cash to do 
>any bidding for anything else either, so I think you can rule them out of 
>the equation.
>
>As I understand it, Sky TV makes no money as yet, so the question must be 
>asked 'is it a good investment'? To me INL seems a less risky way of 
>climbing aboard this particular train, and perhaps buying into the whole 
>operation by buying Telecom is less risky again....or would be if Telecom 
>didn't have a huge cash issue (which they haven't announced yet) coming up.
>
>That Telecom cash issue is speculation on my part. But with banks going shy 
>on this sector and their rumoured Japanese partner in the conquest of 
>Australian 'telecommunicationspace' perhaps having second thoughts, I see 
>no way out other than a cash issue for Telecom NZ. So I'd be looking to 
>enter this sector at the cheapest point, through the Telecom cash issue 
>,rather than gambling on SKY TV directly. SNOOPY
>
>PS And now Charlie, since I have given you such a long and detailed answer, 
>perhaps you would do something for me? Please stop posting exclusively in 
>HTML! I think your posts are good enough to stand on their own without any 
>dubious textural enhancements.
>
>
>
>--------------------------------- Message sent by Snoopy e-mail 
>tennyson@caverock.net.nz on Pegasus Mail version 2.55 
>---------------------------------- "You can tell me I'm wrong twice, but 
>that still only makes me wrong once."
>
>
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