My research says the restructure of the o2 partnerships starts officially in april, so I'm expecting march.
I'm also told a major o2 partner in scotland has had the chop, so PINN could pick up some peices from there too, if not replace its whole opperation.
From what I understand, the significance is with fewer o2 partners, PINN is one of the few, certain current o2 business customers could be switched to PINN as their official supplier. It sounds like a closed market, which is obviously good for PINN. But we will have to wait for a fuller announcement.
I think it probably IS rubberstamped, but released, a month?, too early.
Are we thinking this O2 deal will be announced in the first week of March? At the beginning of this week beaattie coms (mr dw) had spoken to PINN who informed him the deal wasn't yet rubber stamped. Any other thoughts/time schedule on this £££ deal.
I agree sheldon, progress is clear to see. Very honest update. The positives are beggining to outweigh the negatives and were comming to a positive tipping point.
2015 should be a good news flow year imo, partnerships o2,ee (remember, the mergers of the telecoms bt/ee, o2/sky, actulally ENLARGES pinns potential without them doing any extra legwork),etc, new clients, reduction in costs.
Like I say I cant say too much more at the moment if you know what I mean..
Pinn update was a kitchen sink job really. Get the bad news out of the way. The O2 deal as we now know was released too early. That new O2 partnership, once confirmed, will establish PINNs rebirth and world class reputation. They should have exclusive access to a large slice of a large pie. Mmmm
In our bad times took alot of stick from coms posters concerning our finances may be those posters as we know in life things go full circleand tend to bit you on rear end but end of day sad to see people lose money, turning down 21p wise investment.
Looks to be pretty terrible news for COMS from the RNS, as one member put it "more of a suicide note than an RNS" .
Just over a year ago, the rebuffed buyout of PINN... lots of hopeful investors seemingly screwed over not just by the poor financials but the actions of one man with seemingly questionable morals. Some have pointed to a suspension otherwise things may go totally potty.
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