Ericsson wrote:@Tall Order;
Money is needed to buy the systems for the mobile phone business like the hardware and software for subscriber database;interconnect links with other providers (safaricom,orange and YU),the platform for the mobile money.
It costs money and alot of freaking money.
Equity also didn't want to do a rights issue.
Equity ain't going to mortgage business they tried it and it never worked
Add that to the legal battles that Equitee will fight.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.