$3bn?

A Platinum Circle reader just sent me this extraordinary link from late last week. Rupert Murdoch? $3bn? I must go home, have a glass of wine and contemplate this. It's an intriguing post, and brings up some interesting questions which not many people have dared raise - with the exception of a valued client of mine about a week ago. Indeed, why doesn't one of the carriers take Skype out? So far we're seeing the EuroTelcos doing what they have always done, i.e., buy more network. However, if footprint expansion is what they're after, they couldn't do much better than Skype, and at ultra-low opex and microscopic capex. Who dares wins, but it takes imagination and a grasp of long-term strategy. Eventually we'll find out who has it.