1 / 39

Urals Region telecoms mergers. Current situation and prospects.

Urals Region telecoms mergers. Current situation and prospects. Vladimir I. Rybakin, General Director. Salekhard. Khantymansiysk. Perm. Ekaterinburg. Екатеринбург. Tyumen. Kurgan. Chelyabinsk. Consolidated Urals Region Company. Area 2.0 ml.sq.km. Population 15.5 ml.

zubin
Download Presentation

Urals Region telecoms mergers. Current situation and prospects.

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. Urals Region telecoms mergers.Current situation and prospects. Vladimir I. Rybakin, General Director

  2. Salekhard Khantymansiysk Perm Ekaterinburg Екатеринбург Tyumen Kurgan Chelyabinsk Consolidated Urals Region Company Area 2.0 ml.sq.km. Population 15.5 ml. Natural Resources oil, gas, coal, iron and copper ores, potassium food salt, marble, asbest, bauxites, gold, diamonds Industry fuel, electroenergetics, ferrous and non-ferrous metallurgy,petrochemical, oil- and gas-extracting machinery, metalworks Industrial Output USD 37 bln % of overall Russian Industrial Output 15.5% Average USD Rate Exchange in 2001 - 29,2 RUR Uralsvyazinform Uraltelecom of Sverdlovsk Region Svyazinform of Chelyabinsk Region Tyumentelecom Khantymansiyskokrtelecom Yamalelectrosvyaz Electrosvyaz of Kurgan Region

  3. USD Revenues in 2001 USD mln Average USD Rate Exchange in 2001 - 29,2 RUR The Nation Wide Position of the United Ural Region Company Gross regional product per capita, 2001E

  4. Uralsvyazinform Mission Shaping and meeting customers’ needs in telecommunication and information services, integration into the Global Information Community of 21st century.

  5. Book capital USD 153 ml • Number of shares 40 169 386 628 • Share of preferred stock 19,5% • Number of shareholders25 650 • Market cap USD374 ml Rate Exchange 1 USD = 31,15RUR Consolidated Stock Capital As of 1.04.2002

  6. Merger Goals • Creating a robust, profit-making nation-scale company with strong market cap; • Upgrading telecommunication systems to world standards, integration into the global information community of 21st century; • Better quality and transparency of corporate governance through optimization of decision-making process, bringing the quality of business in compliance with international standards; • Boosting competitiveness; • Reduction of costs by means of streamlining the expenditure structure; • More efficient use of assets and prioritizing on lucrative projects.

  7. Assets valuation and fixing of swap ratiosMarch-April 2001 Decision of the Board of Directors to approve swap ratios, buyback share prices and announce the AGM July 2001 Shareholder supportAugust 2001 Approval by the EGM - 97.54% September - October 2001 Affiliates formationSeptember 2001 Obtaining the MAP of Russia approvalJanuary 2002 Decision of additional shares issue and prospectus to be adopted by the Urasvyazinform Board of Directors January 2002 Merger in Progress

  8. Transfer of assets and emloyees to Uralsvyazinform 2Q2002 Federal registration of issues 2Q2002 Expunction of companies merging with Uralsvyazinform from the State Register of Legal Entities and share swap3Q2002 Joint General Shareholder Meeting 4Q2002 Actions Scheduled to Complete Reorganization

  9. Market Share of United Company in Urals Region

  10. Telephone Penetration in Urals Region(lines per 100 inhabitants) Waiting list 612 467 (as of 1.01.2002)

  11. Lines per Employee

  12. Digitalization

  13. International traffic

  14. Domestic Long-Distance Traffic

  15. Monthly Fee(as of 01.03.2002) Rate Exchange 1 USD = 31,17RUR

  16. Installation Fee(as of 01.03.2002) Rate Exchange 1 USD = 31,17RUR

  17. Time-based Billing • Time-based billing is introduced: • Perm region - 87,5% • Tyumen region - 67,8% • Introduction of time-based billing is sheduled for 2002 in: • Sverdlovsk region • Chelyabinsk region • Kurgan region • Khanty-Mansyisk district • Yamal-Nenets district

  18. Financial Performance Average USD Rate Exchange: 2001 - 29,2 RUR; 2002E - 31,5 RUR; 2003E - 33,2 RUR; 2004E - 35,3 RUR; 2005E - 37,2 RUR

  19. Revenues per Employee Average USD Rate Exchange: 2001 - 29,2 RUR; 2002E - 31,5 RUR; 2003E - 33,2 RUR; 2004E - 35,3 RUR; 2005E - 37,2 RUR

  20. Revenues per Line Average USD Rate Exchange: 2001 - 29,2 RUR; 2002E - 31,5 RUR; 2003E - 33,2 RUR; 2004E - 35,3 RUR; 2005E - 37,2 RUR

  21. Revenue Structure

  22. Cost Structure

  23. EBITDA and Net Profit USD Rate Exchange: 01.01.02 - 30,14 RUR; 01.01.03 - 32,86 RUR; 01.01.04 - 33,54 RUR; 01.01.05 - 37,06 RUR; 01.01.06 - 37,34 RUR

  24. Overall Capital Expenditure Average USD Rate Exchange: 2001 - 29,2 RUR; 2002E - 31,5 RUR; 2003E - 33,2 RUR; 2004E - 35,3 RUR; 2005E - 37,2 RUR

  25. Investment Sources

  26. Put into operation United Company Investment Schedule

  27. Debts USD Rate Exchange: 01.01.02 - 30,14 RUR; 01.01.03 - 32,86 RUR; 01.01.04 - 33,54 RUR; 01.01.05 - 37,06 RUR; 01.01.06 - 37,34 RUR

  28. Investment Priorities • Capacity growth and network upgrade: Digital switching systems; Optical access networks; Long-distance Core Networks; Wireless Loop; • Mobile telephony of GSM-900/1800 standards; • Packet switching network: Multiservice network buildup; Internet enhancement; • Intelligent network; • Cable TV.

  29. Multi-Service Network General Structure

  30. Optical Access Network Implementation

  31. Salekhard 20% Салехард GSM subscribers in Urals region as of 1.04.02г. 152,6 thousand Khanty-Mansyisk 50% Perm Ekaterinburg 20% • «Ermak-RMS» - 40,2 thous. subscribers Екатеринбург Tyumen Kurgan Chelyabinsk • JSC «Uralsvyazinform» 60 thousand subscribers 40% • «South-Urals Cellular Phone» - 52,4 thousand subscribers GSM-900 Network Development

  32. Mobile Installed Capacity in Urals Region

  33. Average Revenue Per User

  34. Yamal Salekhard N.Urengoy Digital Transport Network Berezniki Khanty-Mansyisk Serov Nizhnevartovsk Surgut Perm N.Tagil Uralsvyazinform lines Ekaterinburg Tyumen Uralvyazinform projected lines Chelyabinsk Kurgan Rostelecom lines Development of Uralsvyazinform and Rostelecom’s Digital Transport Network based on Digital Microwave, Optical Fiber Links in Ural Region

  35. PSTN PSTN PSTN PSTN PSTN PSTN Intelligent Network setup in Urals Region Max. Virtual network capacity is 12 mln. numbers Available services • Freephone; • Premium access; • Account card access; • Pre-paid card access; • Televote. Uralsvyazinform Perm SMP Toll Exchange SSP Prospective Services SCP • Pre-paid access to Internet; • Pre-paid access to mobile network; • Personal number service; • Virtual private networks. INAP INAP INAP INAP INAP INAP SSP Toll Exch. SSP Toll Exch. SSP Toll Exch. SSP Toll Exch. SSP Toll Exch. SSP Toll Exch. Khanty-Mansiysk Ekaterinburg Tumen Chelyabinsk Kurgan Yamal

  36. Investor Relations • Uralsvyazinform shares are listed on: • Russian Trading System, MICEX, MSE • Berlin, Frankfurt, NewEx Stock Exchanges • US Secondary market • IAS reporting • Annual International Audit since 1995 • Level 1 ADR programme • Fitch credit rating of ‘B’ • Standard & Poor’s rating of ‘В-’ • Outlook • Additional shares placement • Level 3 ADR registration

  37. Stock Performance

  38. Volume of Trading Ural Region Telcom shares on the European Stock Exchanges Berlin Stock Exchange NewEx USD mln USD mln

  39. Contacts: 68 Lenin Str. Russia, 614096, Perm tel.: +7 3422 34 12 00 fax: +7 3422 34 33 36 e-mail: investor@usi.ru www.uralsviazinform.com

More Related