RE:RE:RE:RE:Understanding the Cameroon contract I think the contracts can potentially be renewed fter ten years, can't they? Or does Orange become the owner? They've probably addressed this at some point, but I don't have the energy to dig through all the press releases, etc, right now.
SlackerSlave wrote: I also think that they will be doing changes with future contracts where they will become a service provider owning the systems they build and having reoccurring revenue indefinitely and not having a 10 year lifespan
SlackerSlave wrote: that was my understanding as well, reoccurring revenue for 10 years.
BCdude wrote: I thought the Cameroon contract was desined in a similar way to DRC. NAAS model, which means recurring revenue spread over ten years. The uptake by customers is not known, but sounds like the assumptions they've used are quite conservative.
felker04 wrote:
If I read well they say 20M$ contract doubled. With gross margins around 50%. If you had some prudent margins, let's say 25% instead of 50%, both contracts would put between 10 to 15M$ of profit in the coming 2 years. As I understand these are not recurring revenues after the installation right? They are talking 40M$ revenues overall for this contract. Am I missing something concerning those contracts that could be add on those numbers?