More nonsense from you...Have a good weekendQuote:
Originally Posted by midas360
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More nonsense from you...Have a good weekendQuote:
Originally Posted by midas360
It's a legitimate question that you probably can't answer. It's ok. Don't get mad. You understand cable and sirius xm but I don't think you understand the technical details on how sirius xm works or what it needs to function in vehicles. It's no longer just about a satellite signal. They need a data connection which you kindly mentioned above. Unfortunately, they have to partner with someone for that "LTE" connection you talked about. That partner is AT&T.
Also, it's not non-sense that AT&T could buy Sirius XM. AT&T is notorious for buying "markets." Look what happened with Pay-TV and Uverse. They built that business from the ground up to what 8-9 million subs and then bought the market becoming the largest pay-tv provider in the world.
I can assure you, they are "IN" the connected car market and if they feel that Sirius XM is in the way, they will attempt to buy them out. You can bet on it. AT&T could careless about the "content" when it comes to vehicles. They want every device on their data network. That's their goal. Now some maybe laughing at the DTV purchase asking WTH were they thinking but you can bet that they've been working on converting all those SAT subs to U-Verse customers even before the merger was approved.
If you can't take the Midas, get out of the kitchen!
Quote:
Originally Posted by MUSCLE13
Malone will let AT&T buy Sirius? Are you insane?Quote:
Originally Posted by midas360
Malone has a very, very long history with AT&T and doing deals with them. I can assure you Malone will make out like a bandit though. He has a very good history of doing that too. I will check back later to get your thoughts. I am going dove hunting today. Have a super weekend!
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Originally Posted by MUSCLE13
Malone said multiple times the biggest mistake of his career was selling TCI to to AT&T!Quote:
Originally Posted by midas360
From this week's Bloomberg newsQuote:
Originally Posted by MUSCLE13
Malone, with a net worth of $8.5 billion according to the Bloomberg Billionaires Index, said he doesn’t want to repeat with Vodafone what he called “the worst decision of my life’’ -- when he sold his former U.S. cable company Tele-Communications Inc. to AT&T Inc. in 1999. “I ended up as a trapped, illiquid largest personal shareholder of AT&T in a period when things didn’t go well.’’
http://www.bloomberg.com/news/articl...y-vodafone-m-a
You are nuts Midas
Muscle... you need to do a little more research than just a "quick" Google search to prove someone "wrong." Go look at the history of AT&T. John Malone sat on AT&T's board. There was a time that AT&T owned Liberty Media. Do you remember? Keep in mind too, the AT&T today is NOT the same company it was under Armstrong. AT&T is run by SBC Communication Execs. The same company that was the smallest baby bell after the divestiture and was told wouldn't make it. They not only made it but GOBBLED MA BELL UP. They beat the crap out of everyone!
You will find that Malone didn't have a very good relationship with Armstrong too. You can bet he's looking to get revenge or a large sum of money for Sirius XM :)
Edit: waiting on my ride to go dove hunting. we are running a little bit behind. should be here soon. still have time to chat with ya. :)
Quote:
Originally Posted by MUSCLE13
Your hypothesis about AT&T buying Sirius is the most outlandish irrational statement I have ever read on this board. Malone will never let it happen. You think he will repeat the mistake he made in 1999. You are truly nuts!Quote:
Originally Posted by midas360
@muscle... keep in mind, I am not saying AT&T is going to buy Sirius XM. All I am saying is it would not surprise me if they tried too. Under the new management, they've done some interesting deals. I would love to be a fly on the wall if someone asked his opinion on the recent DTV deal.
You're entitled to your opinion. They said the same thing about putting MA Bell back together after the divestiture. Everyone thought that was the craziest idea ever. NO WAY would it happen. It did. They basically put AT&T back together. Who would have thought Apple would have come back from possible bankruptcy and be where they are today ? :)
I guess what I am saying is... I wouldn't count out Sirius XM being bought out whether be AT&T or someone else. I would NOT be surprised if AT&T tried to buy Sirius XM that Malone wouldn't stick it to them. Like I said before, Malone has a very long history with AT&T.
Edit: The thing is... Sirius XM is a monopoly and they have penetrated the automobile market successfully. As far as the connected car goes, they do have a leg up on competition (as far as renewing deals and upgrading their hardware). I will give them that. I think it would be very easy for a company interested in the connected car market to BUY the market, partnerships, relationships, etc. The problem with Sirius XM is they need that "modem" you are talking about and that's, again, where AT&T and other telco's come into play. I do find it interesting that if Malone hated AT&T so much like you are implying, why would he allow Sirius XM to partner with AT&T. I guess "business is business"
Quote:
Originally Posted by MUSCLE13