This sums up much of my thinking - I hold a few and swing trade a few and even trade intraday sometimes ......

I think there is a lot of slack that management can cut out of the costs and would also anticipate sector consolidation ..... good value currently and have been holding their own in a falling market. Lot of US interest.

ains


Edited by Dominic White
(Filed: 08/02/2003)


Texting makes MmO2 sexy but it's also risky

More and more Britons are discovering the joys of textual intercourse. In the month of December, we fired off more than 50m mobile messages a day, and next Friday (that's Valentine's Day, folks, in case you'd forgotten) we'll send considerably more than that.



It emerged this week that the chief beneficiary of this craze is MmO2 . BT's former mobile phone division revealed that it gets a higher proportion of revenues from texting than any of the other three operators.

Revenue from messaging grew at its fastest rate ever in the last quarter, up 19pc, and data services as a proportion of MmO2 's revenue rose to 17.7pc from 15.6pc.

More good news was the rise in MmO2 's average revenues per customer. ARPUs, as nerdy analysts like to dub them, grew by 5pc to 243 in the UK and by 9pc in Germany to 212.

MmO2 now has 19.1m subscribers and in Britain it may be the smallest player, with 11.9m users, but it is growing faster than its rivals - testament to the success of its rebranding from BT Cellnet.

Only 114,000 of its 503,000 new UK subscribers were higher-spending contract customers, but MmO2 claims its pre-pay customers have started spending more than before.

Customer growth in Germany, which continues to be dominated by T-Mobile and Vodafone, is less impressive and the MmO2 share price ascribes little or no value to this part of the business.

That seems unfair, given the fact that the group has attracted higher-spending customers and has made a decent fist of turning the operation around. An eventual sale or merger is almost as inevitable as a disposal of the Dutch unit, which is losing customers.

MmO2 's larger rival Vodafone is trading on a free cashflow yield of 6pc, while at 49p this week, MmO2 's equivalent valuation remains negative. It might not have Vodafone's scale or profitability but there is room for upside. A risky buy.

L2 must have improved within the last 10mins for OOM. Bloody shorters ruining everything as their is no need to short at these levels which signify long stance.

Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (52.63%) 10 (45.24%) 3,263,722 53.11 - 53.98 3,950,407 (54.76%) 9 (47.37%)
5% (54.17%) 13 (43.85%) 3,407,822 53.09 - 54.04 4,363,537 (56.15%) 11 (45.83%)
10% (56.76%) 21 (44.53%) 3,581,946 53.02 - 54.08 4,461,537 (55.47%) 16 (43.24%)
15% (54.17%) 26 (50.61%) 4,698,161 52.31 - 54.16 4,584,537 (49.39%) 22 (45.83%)
50% (50.00%) 27 (46.22%) 4,703,061 52.31 - 55.03 5,473,356 (53.78%) 27 (50.00%)
100% (50.00%) 30 (46.02%) 4,723,181 52.23 - 55.14 5,539,048 (53.98%) 30 (50.00%)
all (48.39%) 30 (46.01%) 4,723,181 52.23 - 55.21 5,543,348 (53.99%) 32 (51.61%

reuters

Telecoms met early demand with Cable & Wireless up 2.8 percent and mobile giant Vodafone 0.8 percent higher. Investment bank Merrill Lynch raised its earnings per share estimates for Vodafone by 3.6 percent in 2003 and by 5.7 percent for next year.

MM02's improving from its low but VOD's been sold down. Need an upturn soon today.

US NAS is marginally up - sector flat - our market marginally+ but three day holiday coming up. Expect a close around 54/55p

ains



EC waves through 3G UK network share
By Drew Cullen
Posted: 02/05/2003 at 10:37 GMT


The EC has given the thumbs up for a 3G site-sharing agreement struck between T-Mobile and mmO2 in the UK. It says it expects to approve soon a similar site-share between the two companies in Germany. By teaming up in both countries, the duo can expect to save a few hundred million euro in capital expenditure.

The Commission also ruled that there are no competition concerns between a proposed network share, which is restricted to "smaller cities and rural areas".

National roaming agreements will not include the UK's 10 biggest cities, where, presumably, population density is high enough for the two mobile network operators to build exclusive infrastructure cost-effectively. It seems that this concession, offered by T-Mobile and mmO2 in March 2003, was the key to gaining EC approval. The site and network share proposal had, after all, been sitting in Brussels since February 2002.

The site share also escapes competition concern as it is restricted to "sharing basic network infrastructure such as masts, power supply, racking and cooling". Besides, fewer masts chime with EU health and environmental policy, which is a bonus.


According to the EC, the site-share will see a quicker 3G roll-out and better coverage into the countryside than would otherwise be the case. And it has exempted national roaming from antitrust rules in smaller cities until the end of 2007 and rural areas until the end of 2008.

In a statement Competition Commissioner Mario Monti said: "This decision strikes the right balance between infrastructure competition in 3G markets and the immediate consumer benefit of having faster and wider roll-out of advanced 3G services. It gives guidance to mobile operators on the extent of co-operation that it permissible at this important juncture for the roll-out of 3G services across the EU".

The press release is here






Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (62.50%) 20 (68.68%) 5,411,639 53.19 - 54.00 2,468,312 (31.32%) 12 (37.50%)
5% (63.41%) 26 (68.49%) 6,911,777 53.08 - 54.12 3,180,122 (31.51%) 15 (36.59%)
10% (62.71%) 37 (74.15%) 10,385,847 52.78 - 54.25 3,619,807 (25.85%) 22 (37.29%)
15% (59.15%) 42 (73.99%) 11,502,062 52.52 - 54.69 4,042,807 (26.01%) 29 (40.85%)
50% (55.84%) 43 (70.00%) 11,506,962 52.51 - 55.56 4,931,626 (30.00%) 34 (44.16%)
100% (55.42%) 46 (69.76%) 11,527,082 52.48 - 55.68 4,997,318 (30.24%) 37 (44.58%)
all (54.12%) 46 (69.74%) 11,527,082 52.48 - 55.76 5,001,618 (30.26%) 39 (45.88%)

This looks good and very promotable - the youngsters love big brother



O2 backs Big Brother 4 with 4.5m and new services

London, May 2 2003, (netimperative)



by Susie Harwood

Mobile operator O2 and Channel 4 are preparing for the launch of Big Brother 4, which promises to be the most interactive series yet with an even wider range of mobile services available.


For the second year running, O2 has agreed to be the exclusive broadcast sponsor for the show in a deal reportedly worth 4.5m. On top of the SMS voting, alerts and quizzes that proved to be popular last year, O2's Mobile Interactive Services operation will offer MMS services, that could prove to be a huge money-spinner thanks to the growing popularity of GPRS technology.

Viewers with MMS-enabled handsets will be able to receive enhanced news alerts 24 hours a day, containing pictures, text and exclusive images from the BB house, MMS screensavers, and a 3D 'talking heads' service that will enable them to download their favourite housemate to their phone.

In addition, fans with Nokia 3650 phones will be able to download video clips, following O2's announcement last month that it is trialling a new mobile video service. The new MMS services will cost between 50p and 1.50.

Other new mobile services include text polls throughout the duration of the show, a text quiz that provides fans with the chance to win prizes for the first time, a Java-based mobile Big Brother game, and a new colour icon-based WAP site.

Hugh Griffiths, Head of Data Products for O2 UK said: "The success of last year's Big Brother is a perfect illustration of what can be achieved when the right range of mobile data services are wrapped around a brand such as Big Brother."

2 May 2003: DATA: Big Brother 4 already a web hit

Yes, US Non Farm Payrolls better than expected @ -48k vs -68. VOD stronger now. :)

Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (65.71%) 23 (70.69%) 5,962,206 53.22 - 54.07 2,471,567 (29.31%) 12 (34.29%)
5% (65.91%) 29 (69.85%) 7,397,005 53.12 - 54.18 3,192,893 (30.15%) 15 (34.09%)
10% (65.57%) 40 (75.20%) 10,877,915 52.82 - 54.29 3,587,157 (24.80%) 21 (34.43%)
15% (61.64%) 45 (74.94%) 11,994,130 52.56 - 54.73 4,010,157 (25.06%) 28 (38.36%)
50% (58.23%) 46 (71.01%) 11,999,030 52.56 - 55.60 4,898,976 (28.99%) 33 (41.77%)
100% (57.65%) 49 (70.77%) 12,019,150 52.53 - 55.71 4,964,668 (29.23%) 36 (42.35%)
all (56.32%) 49 (70.75%) 12,019,150 52.53 - 55.79 4,968,968 (29.25%) 38 (43.68%)

Enough spam on this thread to choke a bile filled goat, Eh ains??


LOL!!!!!!!!!!!!

ps
are you the same ainsoph recently BANNED fron advfn , er twice?????
hahahahahahahahahahahahah

rotflmao
@ainsoph/KDC/RTShed/TT/colowe/MajorBile/Dollarbogger/Tris/yuff/Kingston Cowboy/
ESimpson/stv/--------and many , many more,
lets hope the hard disc is firewalled

LOL!!!!!!!!!!!!!!

ps ainsoph@blueyonder-yoohoo!!!!!!!!

Jesus wepped ..... the spam is a little like SARS ..... spreading quickly



S Times ran an article on 'how to spot take over targets' ..... MM02 was one of the 6 companies talked about ....


ains

O2 looking quite strong today as FTSE hovers ~4000 level. US Futures improved.

yes ..... a interesting watershed - US futures positive - nas plus 5 dow plus 20





Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (43.75%) 14 (50.94%) 2,379,677 54.23 - 55.01 2,291,907 (49.06%) 18 (56.25%)
5% (48.78%) 20 (53.90%) 3,126,681 54.07 - 55.08 2,673,686 (46.10%) 21 (51.22%)
10% (50.00%) 31 (58.26%) 4,364,064 53.78 - 55.26 3,127,088 (41.74%) 31 (50.00%)
15% (52.50%) 42 (60.11%) 5,565,918 53.23 - 55.82 3,693,192 (39.89%) 38 (47.50%)
50% (51.19%) 43 (54.86%) 5,570,818 53.22 - 56.83 4,584,546 (45.14%) 41 (48.81%)
100% (51.69%) 46 (54.67%) 5,590,938 53.16 - 56.92 4,635,238 (45.33%) 43 (48.31%)
all (51.11%) 46 (54.65%) 5,590,938 53.16 - 57.00 4,639,238 (45.35%) 44 (48.89%

L2 must have worsened. Both this & VOD are now struggling hence taking FTSE lower.

there was some adverse comment on the new police radio system this morning that may have had an effect






Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.14%) 16 (56.62%) 1,716,143 53.26 - 54.06 1,314,924 (43.38%) 12 (42.86%)
5% (58.33%) 21 (43.13%) 1,915,999 53.20 - 54.32 2,526,354 (56.87%) 15 (41.67%)
10% (56.14%) 32 (30.77%) 2,168,490 53.03 - 54.80 4,878,399 (69.23%) 25 (43.86%)
15% (50.00%) 35 (30.22%) 2,391,090 52.76 - 55.24 5,521,999 (69.78%) 35 (50.00%)
50% (48.00%) 36 (30.18%) 2,395,990 52.75 - 55.26 5,543,303 (69.82%) 39 (52.00%)
100% (48.15%) 39 (30.11%) 2,416,110 52.60 - 55.37 5,608,995 (69.89%) 42 (51.85%)
all (47.56%) 39 (30.09%) 2,416,110 52.60 - 55.43 5,612,995 (69.91%) 43 (52.44%)

Now demonstrating volumes necessary for FTSE safely above 4000. L2 far stronger.

US is helping .....



Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 14 (33.11%) 1,710,552 53.91 - 54.65 3,455,235 (66.89%) 14 (50.00%)
5% (57.58%) 19 (47.78%) 3,160,989 53.68 - 54.65 3,455,235 (52.22%) 14 (42.42%)
10% (55.77%) 29 (48.62%) 3,653,544 53.55 - 54.80 3,860,735 (51.38%) 23 (44.23%)
15% (56.92%) 37 (47.24%) 3,961,644 53.31 - 55.32 4,424,735 (52.76%) 28 (43.08%)
50% (53.52%) 38 (47.07%) 3,966,544 53.30 - 55.36 4,461,039 (52.93%) 33 (46.48%)
100% (53.95%) 41 (46.91%) 3,986,664 53.21 - 55.47 4,511,731 (53.09%) 35 (46.05%)
all (53.25%) 41 (46.89%) 3,986,664 53.21 - 55.56 4,515,731 (53.11%) 36 (46.75%)

What's L2 showing? This has now really taken off. Missed out on buying yet again.

hmmmmmmm ......



Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (60.00%) 18 (78.23%) 3,923,731 54.61 - 55.14 1,091,956 (21.77%) 12 (40.00%)
5% (60.53%) 23 (77.58%) 4,848,731 54.45 - 55.33 1,401,056 (22.42%) 15 (39.47%)
10% (59.32%) 35 (81.16%) 6,657,023 54.13 - 55.48 1,545,656 (18.84%) 24 (40.68%)
15% (60.00%) 45 (77.07%) 6,999,823 53.95 - 56.39 2,082,760 (22.93%) 30 (40.00%)
50% (59.74%) 46 (76.95%) 7,004,723 53.95 - 56.43 2,097,760 (23.05%) 31 (40.26%)
100% (59.76%) 49 (76.58%) 7,024,843 53.90 - 56.63 2,148,452 (23.42%) 33 (40.24%)
all (59.04%) 49 (76.55%) 7,024,843 53.90 - 56.81 2,152,452 (23.45%) 34 (40.96%)

Can't believe how strong this is, previously level with VOD. Big painful regrets.

I like these in preference to VOD - always good chance of m+a activity


Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (48.28%) 14 (71.37%) 2,715,710 54.88 - 55.65 1,089,455 (28.63%) 15 (51.72%)
5% (51.28%) 20 (74.76%) 4,361,118 54.73 - 55.87 1,472,144 (25.24%) 19 (48.72%)
10% (57.38%) 35 (81.52%) 6,967,068 54.25 - 55.97 1,579,044 (18.48%) 26 (42.62%)
15% (60.26%) 47 (77.75%) 7,341,423 54.07 - 56.73 2,100,348 (22.25%) 31 (39.74%)
50% (60.00%) 48 (77.64%) 7,346,323 54.06 - 56.77 2,115,348 (22.36%) 32 (40.00%)
100% (60.00%) 51 (77.28%) 7,366,443 54.01 - 56.96 2,166,040 (22.72%) 34 (40.00%)
all (59.30%) 51 (77.24%) 7,366,443 54.01 - 57.13 2,170,040 (22.76%) 35 (40.70%