Assumption Ledger · Variant Map
Every assumption the price requires, and Mercer's verdict on it
Every assumption the price requires, and Mercer's verdict on it.
| # | Line item | Market assumption | Required path | Judgment | Δ value | |
|---|---|---|---|---|---|---|
| 1 | revenue | Market price implies Boost Mobile subscriber acquisition and churn improvement delivers ~-3.96% revenue_growth_pct over 10y. | revenue_growth_pct -6.1 / -3.96 / 0.66 | Accept | 0 bps | See more ▸ |
| 2 | revenue | Market price implies Pay-TV subscriber attrition from cord-cutting and content fragmentation delivers ~-3.96% revenue_growth_pct over 10y. | revenue_growth_pct -6.1 / -3.96 / 0.66 | Accept | 0 bps | See more ▸ |
| 3 | revenue | Market price implies Pay-TV ARPU growth and subscriber-quality/loyalty initiatives delivers ~-3.96% revenue_growth_pct over 10y. | revenue_growth_pct -6.1 / -3.96 / 0.66 | Accept | 0 bps | See more ▸ |
| 4 | operating_expense | Market price implies Wireless network operating cost ramp from expanding 5G footprint delivers ~-3.33% operating_expense_growth_pct over 10y. | operating_expense_growth_pct -6.53 / -3.33 / 3.67 | Accept | 0 bps | See more ▸ |
| 5 | revenue | Market price implies Enterprise and government satellite/connectivity bookings delivers ~-3.96% revenue_growth_pct over 10y. | revenue_growth_pct -6.1 / -3.96 / 0.66 | Unresolved | 0 bps | See more ▸ |
| 6 | revenue | Market price implies Broadband consumer subscriber declines and satellite capacity constraints delivers ~-3.96% revenue_growth_pct over 10y. | revenue_growth_pct -6.1 / -3.96 / 0.66 | Accept | 0 bps | See more ▸ |
| 7 | operating_expense | Market price implies Debt-driven interest expense burden delivers ~-3.33% operating_expense_growth_pct over 10y. | operating_expense_growth_pct -6.53 / -3.33 / 3.67 | Adjust | +60 bps | See more ▸ |
| 8 | revenue | Market price implies Postpaid (Boost Infinite) go-to-market execution gaps delivers ~-3.96% revenue_growth_pct over 10y. | revenue_growth_pct -6.1 / -3.96 / 0.66 | Accept | 0 bps | See more ▸ |
| 9 | operating_expense | Market price implies Operating efficiency and SG&A cost optimization delivers ~-3.33% operating_expense_growth_pct over 10y. | operating_expense_growth_pct -6.53 / -3.33 / 3.67 | Accept | 0 bps | See more ▸ |
| 10 | revenue | Market price implies Spectrum portfolio value and FCC regulatory resolution delivers ~-3.96% revenue_growth_pct over 10y. | revenue_growth_pct -6.1 / -3.96 / 0.66 | Adjust | +150 bps | See more ▸ |
| 11 | operating_expense | Market price implies Wireless subscriber acquisition costs and device subsidies delivers ~-3.33% operating_expense_growth_pct over 10y. | operating_expense_growth_pct -6.53 / -3.33 / 3.67 | Accept | 0 bps | See more ▸ |
| 12 | capex | Market price implies Capital expenditure decline from 5G build-out completion to optimization delivers ~-34.9% capex_growth_pct over 10y. | capex_growth_pct -52.68 / -34.9 / -11.85 | Accept | 0 bps | See more ▸ |
| 13 | revenue | Market price implies Jupiter 3 satellite capacity expansion and Fusion plan adoption delivers ~-3.96% revenue_growth_pct over 10y. | revenue_growth_pct -6.1 / -3.96 / 0.66 | Unresolved | 0 bps | See more ▸ |
| 14 | cost_of_revenue | Market price implies Cloud-native open RAN network architecture cost advantage delivers ~0.79% cost_of_revenue_growth_pct over 10y. | cost_of_revenue_growth_pct -4.01 / 0.79 / 9.25 | Accept | 0 bps | See more ▸ |
| 15 | cost_of_revenue | Market price implies Migration of customers to owned 5G network (owner economics) delivers ~0.79% cost_of_revenue_growth_pct over 10y. | cost_of_revenue_growth_pct -4.01 / 0.79 / 9.25 | Accept | 0 bps | See more ▸ |
| 16 | revenue | Market price implies Wireless ARPU uplift from plan-mix shift and value-added services delivers ~-3.96% revenue_growth_pct over 10y. | revenue_growth_pct -6.1 / -3.96 / 0.66 | Accept | 0 bps | See more ▸ |
| 17 | revenue | Market price implies Cross-segment bundling of TV, broadband and wireless delivers ~-3.96% revenue_growth_pct over 10y. | revenue_growth_pct -6.1 / -3.96 / 0.66 | Unresolved | 0 bps | See more ▸ |
| 18 | revenue | Market price implies DISH Connected programmatic advertising platform delivers ~-3.96% revenue_growth_pct over 10y. | revenue_growth_pct -6.1 / -3.96 / 0.66 | Unresolved | 0 bps | See more ▸ |