[opendtv] Re: News: Voom losing DTH battle

  • From: "Kon Wilms" <kon@xxxxxxxxxxxx>
  • To: opendtv@xxxxxxxxxxxxx
  • Date: Thu, 11 Nov 2004 13:34:22 -0500

Came across this little tidbit while Googling:

"Richard Greenfield of Fulcrum Global Partners, in a stern analyst note,
said management should put an end to the VOOM "money pit." He added, "We
believe Cablevision management is not using sound judgment in continuing
to deploy capital to VOOM - VOOM has lost over $130 million in EBITDA in
the past two quarters."

Ouch?

Cheers
Kon

> Advanced Television.com is reporting:
> 
> Voom losing DTH battle

 
 
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