Thats your middle\upper class opinion. Home Internet access is a luxury for the majority, let alone a Netflix subscription and huge mobile data bundles which will make what you're claiming sustainable (having a smartphone does not mean that the majority have the data to watch a season of Shameless etc on your mobile device). Traditional broadcasting still has a place for many, especially technophobes and the elderly. Ellies is also more than a TV company. The renewable energy business plays a very relevant role at the moment and given our climate , its a no brainer to build less dependency on parastatals like Eskom, and besides, they're now profitable with no challenges in sight.
Why would i not take a punt at these levels and potentially become a millionaire in a few years time with a minimal investment?
agree that it is a punt - that is a good enough motivation
one thing we can agree on, data is expensive comparatively, lot of pressure from ICASA to lower (28% down YTD). That is in particular why I like blue telecoms as they are experimenting with 'black' as free view including data. They are actually levering data to get insights to consumer behavior.
My parents are the last generation with technophobes (bar a couple of exceptions), the UX focus makes this seamless and a non-event. So if we can agree that digital TV is not the motivation,bu rather digital content, then we are on par.
With regards to renewable energy, you are spot on. that is the next decade of financial revolution. see recent articles on south america green power. But, yet again not much differentiation or IP (solar, wind energy, pick your choice). Problem really with green energy is the storage of electricity. Batteries are a dead horse that seems maxed out, you are quite clued up, so do me a favour a look at EESTOR corp in US that is working on smart capacitors, if you can remove a ton (weight) of batteries from the cars you have a winner.