Ten reasons why this is a great buy

[admin]

Basically, it's like hooking customers up and then collecting the dues.

Well, that's one way to put it, there is a little more to it than that, but actually not a whole lot. That is, it's a businessmodel which:

• Has network effects (the more agreements they have with service providers over the world, the more difficult it is for customers to replicate that and the more valuable their service becomes, which makes it easier to hook up new customers and service providers.
• (Mostly) fixed cost, it's indeed a bit like hooking customers up and collecting the rent after that, billing is per usage, device, or connection, that is, marginal cost are very low hence one can see these large operational leverage when revenues grow.