Reply to post: Re: Further Explanation required

Yahoo!... Our Alibaba stake's worth BILLIONS. Oh – our shares are in the toilet

theblackhand

Re: Further Explanation required

Re: "But for a mobile phone carrier to admit, in effect, that they didn't know how to spend money to expand the business is a bit of an admission."

Or they don't know how to spend the money and provide an acceptable return on it. Spending US$100 billion to improve your presence in region X when it will only make you US$1billion revenue/year over the next 10 years may be an option but your shareholders may not thank you for it.

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