HF.....we now know that around 30/6/04 teo was all but run out of cash....given this if you as a major telco supplier were prepared to "have faith" and give them this big deal (that potentially "saved"/"made" the company) imvho you would want strings attached in the form of minimial disclosure on the product, amount invested, who the customer was.....you can practically dictate everything....teo have more than covered their bases by stating in the rns that it was a "major deal"....they are under no obligation to state that their cash upfront fees were £x.....received on date xx/xx/xxxx.
the benefit to the telco customer is obvious in that if they had flagged up they had invested a lot of money with teo.....and that that this was a major new direction for them.....their rivals MAY have taken it more seriously and MAY have rushed in to put out product changes that MAY have put the new product launch at risk.....but you know all this stuff anyway.....do you not?
keeping the licence fees quiet is all part of making out it is not such a big deal and for the other rivals to quietly ignore it....
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