How much extra will YOO get in 2006 from this deal.
It has taken 3 years (avago launched in 2002) to generate 200K users or 3% of total subscriber base. This business now generates £55m+ revenue and £2.2m gross margin on SKY
Maybe by 2006 year end it might have 15K users ON NTL and on an annualised basis £150K gross margin (most which will be PBT assuming no marketing or payments to NTL)
the extra £150K divided by 500m shares = 0.03p but how much of the £150K will be spent on marketing it or paying NTL for the channel
its news just not one that should move the SP plus maybe the market is not suprise since it was mentioned in DITG takeover docs (Nov 04)
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