then she runnin her mouth about freedom of speech. no one is trying to jail her for her speech. Freedom of speech doesn't mean freedom form being criticized for your speech. You have the freedom to forward such a message and someone else has to freedom to criticise you for doing so.
> The capital intensive nature of any network build-out will also delay profitability by many years, and existing operators have previously warned that licensing a third operator could affect their plans for - and investment in - 5G or fifth generation technology.
The capital-intensive buildout would be the burden of the entrant. If that's what they want to take on, then they must have a plan, and if it doesn't work out, it doesn't hurt the other two. Imagine the govt approving restaurants based on the profitability impacts to other restaurants or worrying about the profitability of the entrant.
Also if they new one comes in they may simply opt for 5g in their rollout. Wouldn't competition increase the chances of 5G if they propose to walk in and offer 5G at completion?
URCA is supposed to promote competition right? Otherwise this stifles competition.
Going International is thier only hope and I think that was thier goal. If thier model is to be a boutique crowdfunding partner and they catch on in the Caribbean and then continue to build, maybe they had a slim chance.
The problem is to get there they need money to sustain them. I don't know their staff count but decent salaries for say 5-10 people would burn money quickly. You need capital to start in the hopes of fees over the long run.
I suspect they just weren't sufficiently capitalized for the startup lossess.
The success of this model relies on a continuous influx of companies. Without it, substantial losses over several years are inevitable.
Considering
Gas: $150k Tropical: $270k Foot Rx: $250k
Totaling $750k, even with varying billing percentages (10%, 15%, or 20%) their revenues would range between 75 and 150k. However, operational expenses like staff salaries, promotions, rent, and licenses wipe out all of that in year 1.
To make this work, substantial initial capital is essential. Attracting consistent future clients are critical. Until then, losses would need to be subsidized.
pt_90 says...
Atlantis has a shake shack inside, a dunkin nearby.....maybe Wendys should simply call themselves fast casual.
On Wendy’s blasts Atlantis as it wins PI approvals
Posted 27 October 2023, 7:11 a.m. Suggest removal
pt_90 says...
Let me educate you on how they perform their assessment. Its quite easy and the technology is used around the world.
What you do is look at the road and write down the street name and you've identified where a pothole is coming after todays rain.
On Ministry of Works aiming for ‘far fewer’ pothole complaints by 2025
Posted 20 October 2023, 10:18 a.m. Suggest removal
pt_90 says...
I wish we coluld use the excuses the govt uses when they dont comply with law.
On Halkitis: State-owned-enterprises will eventually be added to government procurement system
Posted 19 October 2023, 8:08 p.m. Suggest removal
pt_90 says...
exactly what Mr Ray wants to hear.
On AG brands The Bahamas’ insolvency regime ‘a joke’
Posted 30 September 2023, 7:55 a.m. Suggest removal
pt_90 says...
Starlink has forced their hand. Competition works.
tribune242.com/news/2023/may/16/cable-a…
On Cable partners over $5m Exuma cays connectivity
Posted 28 September 2023, 7:51 p.m. Suggest removal
pt_90 says...
then she runnin her mouth about freedom of speech. no one is trying to jail her for her speech. Freedom of speech doesn't mean freedom form being criticized for your speech. You have the freedom to forward such a message and someone else has to freedom to criticise you for doing so.
On Daxon says she shared, but did not write, note praising Wilchcombe’s death
Posted 28 September 2023, 8:05 a.m. Suggest removal
pt_90 says...
> The capital intensive nature of any network build-out will also delay profitability by many years, and existing operators have previously warned that licensing a third operator could affect their plans for - and investment in - 5G or fifth generation technology.
The capital-intensive buildout would be the burden of the entrant. If that's what they want to take on, then they must have a plan, and if it doesn't work out, it doesn't hurt the other two. Imagine the govt approving restaurants based on the profitability impacts to other restaurants or worrying about the profitability of the entrant.
Also if they new one comes in they may simply opt for 5g in their rollout. Wouldn't competition increase the chances of 5G if they propose to walk in and offer 5G at completion?
URCA is supposed to promote competition right? Otherwise this stifles competition.
URCA should welcome entrants as it did Starlink.
On No third mobile operator during Davis Gov'ts term
Posted 25 September 2023, 7:14 p.m. Suggest removal
pt_90 says...
Yes and the govt has an extreme conflcit of interest with its holding of Aliv, Cable Bahamas and BTC.
On No third mobile operator during Davis Gov'ts term
Posted 25 September 2023, 7:08 p.m. Suggest removal
pt_90 says...
Going International is thier only hope and I think that was thier goal. If thier model is to be a boutique crowdfunding partner and they catch on in the Caribbean and then continue to build, maybe they had a slim chance.
The problem is to get there they need money to sustain them. I don't know their staff count but decent salaries for say 5-10 people would burn money quickly. You need capital to start in the hopes of fees over the long run.
I suspect they just weren't sufficiently capitalized for the startup lossess.
On ArawakX dismissed top investor as ‘over his head with Fintech’
Posted 20 September 2023, 10:03 p.m. Suggest removal
pt_90 says...
You are right.
The success of this model relies on a continuous influx of companies. Without it, substantial losses over several years are inevitable.
Considering
Gas: $150k
Tropical: $270k
Foot Rx: $250k
Totaling $750k, even with varying billing percentages (10%, 15%, or 20%) their revenues would range between 75 and 150k. However, operational expenses like staff salaries, promotions, rent, and licenses wipe out all of that in year 1.
To make this work, substantial initial capital is essential. Attracting consistent future clients are critical. Until then, losses would need to be subsidized.
On ArawakX dismissed top investor as ‘over his head with Fintech’
Posted 20 September 2023, 7:49 p.m. Suggest removal