1 / 29

9M 2008 Results

Reviewing Thaicom PLC's financial highlights, sector contributions, and satellite business overview for the 9-month period of 2008. Detailed insights into IPSTAR business expansions across multiple countries.

philpot
Download Presentation

9M 2008 Results

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 9M 2008 Results Dumrong Kasemset, Ph.D. Executive Chairman THAICOM PLC. November 12, 2008

  2. Disclaimer This document contains certain forward-looking statements. They refer to future events and to the future financial performance of the Companies. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe” or “continue”. Although the Companies believe that the expectations reflected in such forward-looking statements are reasonable at this time, it is not intend to give assurance that such expectations will prove to be correct. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.

  3. Agenda • Group Financial Highlights • Business and Financial Review • Thaicom • CamShin • Laos Telecommunications • Other Associate and Subsidiary Businesses

  4. Group Financial Highlights

  5. Financial Headlines (9M/08 vs 9M/07) In M฿ +482 M฿ +228 M฿ -3,313 M฿

  6. Revenue Contribution by Business Segment Caused by the new investment proportion (51%) after the sale of 49% shares in SHENto AMH in Q3/07

  7. Operating cash Contribution (EBITDA) by Business Segment EBITDA Margin

  8. Financial Position – 9M08 Q308 Ending Cash decreased from annual corporate income tax. MBt MBt Q407 Q308 * Exclude Cash

  9. Business and Financial Review

  10. Conventional Satellite Business Conventional Satellite Utilization • Conventional contract backlog • was 251.9 MUSD • Thaicom secured 11 new • transponder leasing contracts and • video broadcasting service contracts • Indochina and South Asia market • had steady growth in video service • New Broadcasting Law and strong • growth in content aggregator and • content owner with result in more • demand of C and Ku transponder • in Thailand • Low-cost IRD have stimulated the • demand for bandwidth • Increase in System Integration • sale Conventional Satellite Transponder Breakdown 10

  11. Thailand Completed delivery of 15,500 User Terminals to TOT in the first 9 months of 2008 Implementing joint marketing campaign with TOT in Q4’08 to accelerate User Terminal deployment. India The two Gateways are in construction phase at BSNL's sites with goal to complete by year's end. China Pursuing provincial telco model and, in the initial phase, focusing on Sichuan and Hainan provinces deployments for broadband, rural telephone and mobile backhaul services. IPSTAR Business 11

  12. IPSTAR Business Australia • Five IPSTAR Service Providers (APN, Broadband Wireless Skymesh, Westnet, Westwic)were successfully granted the Australian Broadband Guarantee (ABG) from the Australian government, a subsidy scheme to deploy broadband to unserved and underserved markets. • Average deployment rate for first 3 quarters of 2008: 2,100 subscribers/month New Zealand • Launched the new retail package named “Rocket Broadband” starting at NZD 49.95/month (Bht 1,000) in June 08 and observed a 2.5 times jump in subscriber uptake • Average deployment rate for Rocket Broadband: 500 subscribers/month 12

  13. IPSTAR Business * FELDA: Federal Land Development Authority. FELCA: Federal Land Consolidation & Rehabilitation Authority The Philippines • Gateway construction completed and officially inaugurated the IPSTAR service on 6 Nov 08 in Manila. • Launched the “IPSTAR BigSky” retail package starting at 2,300 pesos/month (Bht 1,650) targeting consumers and SMEs nationwide. Malaysia • Partnering with Time DotCom for gateway services, landing and as a non-exclusive Service Provider. • Deploying community broadband and voice services to rubber plantations through the Malaysian government’s FELDA* and FELCRA* agencies. • Launching IPSTAR retail packages through Service Providers starting at 268 ringgits/month (Bht 2,600) targeting SMEs nationwide. Indonesia • Gateway construction in process and commercial services planned for Dec 08 13

  14. IPSTAR Business Korea • Gateway construction completed and have been in commercial operations since Sep 08 • Signed 30 Mbps bandwidth contract for DVB broadcast services • Due to its single beam nationwide coverage, IPSTAR will focus on DVB broadcasting, HD cinema content distribution, SNG and back-up services 14

  15. Average Accumulative UTs vs. Monthly BW ARPU

  16. IPA Financial Results – 9M/08 Operating Results Financial Position EBIT = Sales and service revenue – Cost – SGA – Directors’ remuneration 16

  17. IPSTAR Commercial Rollout:10 Countries Commercial Deployed using 13 Gateways In Service Australia (2) Vietnam Cambodia Myanmar China (3) New Zealand Thailand Korea Malaysia The Philippines By 2008 India (2) Indonesia By 2009 Taiwan Japan = Gateways Completed = Gateways in Progress = Gateways Planned 17 20/12/62 17

  18. Deployment by Region (by # User Terminals) 18

  19. Application Analysis [Percentage by User Terminals] [Percentage by Bandwidth] 19

  20. IPSTAR Customer Segment Analysis 20

  21. Telephone Businessin Cambodia As end of Q3/08, CamShin had 719,573 telephone subscribers, an increased of 62% as compared with Q3/07. The total revenue in Q3/08 increased 55% as compared with Q3/07, due to the growth of telephone subscribers especially prepaid mobile phone subscribers. 330 BTS of Phase 9 had been completed, resulting the total of 707 sites on service. 21

  22. Market and Subscriber Growth - CamShin Camshin mobile subscribers (+63% YoY) 63% market growth YoY Camshin fixed-line subscribers (-7.7% YoY)

  23. CamShin Financial Results – 9M/08 Average Exchange Rate 9M08: USD1 = 32.8799 Baht Operating Results Financial Position EBIT = Sales and service revenue – Concession fee – Cost – SGA – Directors’ remuneration n.m. = Not meaningful

  24. Telephone Businessin Lao PDR At the end of Q3/08, LTC had 894,259 subscribers, an increase of 22%, as compared with Q3/07. Commercially launch the first 3G Mobile system on October 17, 2008 onthe first phase covering Vientiane and will expand to provincial areas in 2009. Completed Phase 14 GSM expansion 229 BTS, 579 TRX and 65 new sites. The remaining of 42 new sites expects to be completed by December, 2008 and 30 new sites in very remote area expects to be completed by February, 2009. Plan to expand internet bandwidth with VDC, Vietnam from 34 Mb to STM-1(155 Mb). EDGE and GPRS are on service nationwide. 24

  25. Market and Subscriber Growth - LTC LTC mobile subscribers (+24% YoY) 31% market growth YoY LTC fixed-line subscribers (+5% YoY)

  26. LTC Financial Results – 9M/08 Operating Results Financial Position EBIT = Sales and service revenue – Concession fee – Cost – SGA – Directors’ remuneration n.m. = Not meaningful

  27. Internet and Media Business As at the end of Q3/08, accumulated DTV sales volume was 295,842 sets, up 71,079 sets from the end of Q2/08. Revenue from the Internet access and media business in Q3/08 was Baht 150 million, an increase of Baht 88 million or 141.9% from Baht 62 million in Q3/07. CSL expanded customer base in business or corporate segments which have lots of potential to continuously grow in the industry. 27

  28. DTV Service Financial Results – 9M/08 Operating Results Financial Position EBIT = Sales and service revenue – Cost – SGA – Directors’ remuneration

  29. Accumulative DTV sales volume 29

More Related