NextGenTel Holding ASA
|
|
- Debra Lambert
- 7 years ago
- Views:
Transcription
1 NextGenTel Holding ASA Capital Markets Day Thon Hotel Vika Atrium, Oslo 20 April 2016 Eirik Lunde, CEO Sven Ole Skrivervik, CTO Roy Børsheim, director consumer segment Thomas Gunleiksrud, director corporate segment Tom Nøttveit, CFO
2 Agenda NextGenTel at a glance Strategic direction Modernizing the NextGenTel network TV in a new age The housing cooperatives segment Expand fiber footprint The corporate segment Financials Summary & Q&A 2
3 NextGenTel at a glance 3
4 This is NextGenTel Group Telio Holding ASA acquisition of NextGenTel AS in Group name changed to NextGenTel in May 2015 Acquisition of Kvantel in October 2015 Key product markets broadband, VoIP, mobile and TV Cost-efficient delivery model fitted to a mature and competitive market VoIP operations in Denmark, Switzerland and the Netherlands Headquartered in Oslo, Norway, and listed on the Oslo Stock Exchange as NGT 4
5 This is the NextGenTel Group Customers 427,000 RGUs Revenues 1,400 NOK million Customers break-down Revenues break-down 120,000 Norway consumers , ,000 Norway businesses 900 International xdsl Datacom TV Fiber Voice 5
6 Strategic direction 6
7 Strategic focus ensuring value creation Priority Value drivers High-speed broadband Revitalization of the copper network Reduce churn and preserve existing base Higher ARPU and margin FTTX MDUs Large market potential Revenue growth Long term customer agreements Profitable growth TV High-speed broadband increases customer intake and revenues Voice Up-selling of fixed and mobile voice solutions to existing and new customers Unified communication New services launched Attractive to corporate customers Revenue growth 7
8 Modernizing the NextGenTel network 8
9 Why copper? Competitive with fiber at a lower cost New technology extends lifetime of copper Cheaper alternative Extended lifetime Competitive speed and performance Customers indifferent to type of cable what matters is bitrate, price/performance and quality Copper competitive with fiber speed and performance more value added Reducing churn Increasing ARPU 9
10 Access speed- & capacity on offer vs customer demands Mbit/s offered majority of population 100% ~2,25 million households ~1600** * ~500*** Users speed demands in 2020 will be covered by all accesses Customers needs will be covered by 100+ Mbit/s Spectrum constraints may make mobile connections unstable, unless the government frees up more capacity (e.g. digital ground network, concession expires 2021) and big advances in compression technologies Normal users will need GB/month Copper DSL Vectoring, G.fast Fibre** & HFC Mobile*** Big users in 2015 (families with children/teenagers) need at least 30/50 Average measured downloading speed year 14: Fixed access ca. 20 Mbit/s Mobile access ca. 13 Mbit/s * 100 Mbit/s normal for vectoring, and G.fast will give up to 1000 Mbit/s for distances very close to the node ** GET today offers 400, plans to offer 1,6 Gbit/s in 2016 *** Telenor has promised to offer 4G+ within the end of 2016 which will offer 300 Mbit/s. 10
11 Modernizing the copper network How to fill the speed gap? Prerequisite for utilizing new copper technologies (Vectoring, G.Fast etc) One technology per node Use of micro-nodes Existing larger nodes is extended by smaller nodes closer to the customer One operator per geographical area Todays regulatory market 4 Unbundled copper moves to a VULA product VULA = Virtual unbundled local access Requires agreement between the operators since market 4 is already regulated 11
12 Modernizing the copper network Effect on NextGenTel network Approximately 750 PoP s per March 2016 Approximately 300 PoP s when copper network is fully modernized Capital markets day PoP = Point of Presence
13 Downstream speed Mb/s ADSL, VDSL and Vectoring Typical speeds vs line length VDSL with vectoring Close to theoretical achievable speed without noice 80 Average modernized NextGenTel customer ADSL2+ VDSL with noice from other lines Average NextGenTel customer today 0 0,5 1,0 1,5 2,0 2,5 Linelength km DSL speed as a function of linelength 13
14 Downstream speed Mb/s G.fast Typical speeds vs line length G.fast 106MHz VDSL 0 0,1 0,2 0,3 0,4 0,5 Linelength km 14
15 Illustration of deployment of micro nodes New micro nodes Old node 15
16 Effects for the customer Increased speed in two dimensions Higher bitrates due to average shorter line-length Higher bitrates due to utilization of new technology (vectoring, G.Fast) Makes copper ready for linear TV Today very few customers have TV over copper TV will be a significant part of the NextGenTel offering 16
17 Effects for NextGenTel For NextGenTel Higher ARPU per customer Competitor example, significantly higher ARPU compared to NextGenTel for higher speeds Produkt (oppgitt i Mbps) Per måned Første år Altibox Fiberbredbånd 40/40 478,- 5736,- Altibox Fiberbredbånd 80/80 578,- 6936,- Altibox Fiberbredbånd 150/ ,- 7788,- Altibox Fiberbredbånd 300/ ,- 8988,- Lower churn on the copper customer base Churn on fiber is less than 1% per month 0.1% improvement in monthly churn gives approximately 3,000 higher customer-base at the end of a 3-year period Higher customer interest in high bitrate copper broadband Less CAPEX and OPEX related to copper network as customers are moved to wholesale, and own network is downscaled 17
18 Revitalized copper when? Negotiations between xdsl operators are being done via Bredbåndsforum Organized by NKOM, the national regulator Bilateral discussions LOI signed between Telenor and NextGenTel ( ) regarding high-speed pilots in Stord and Garten Timeframe Agreement between operators in Norway most likely signed in the period June-September 2016 First effect on network and customers from Q
19 TV in a new age 19
20 Moving from set-top box to APP-based TV TV trend 1 Evolving away from specialized HW to generic HW APP based On many types of devices 20
21 Linear TV is moving to OTT TV trend 2 Access independent and screen independent From a «closed one way eco-system» to a two-way contextual interactive user experience Social media integration Real-time communication with friends watching the same program (first screen or second screen) Service integration (example IMDB) 21
22 OTT in Norway Facts for Norway 50% of TVs in Norway are connected to internet 38% subscribe to minimum one OTT service Source: NRK 22
23 TV facts - Norway 25% watch NRK news live 25% watch NRK news time shifted 25% watch recorded NRK news 25% never watch NRK news (Source: NRK) Close to 30% use the TV-set for other viewing than live TV (Source: NRK) TV is the preferred screen for Netflix (Source: NRK) The four big winners in the TV-market Those who control the customer s broadband subscription National broadcasters (NRK) delivering content in local language and paid by state/public National commercial broadcasters (TV 2) with a market position equal to national broadcasters Owners of premium live entertainment football, boxing, golf, F1, icehockey (Source: Strand Consult) 23
24 TV evolving to a strategic product TV is a high-demand product TV is a necessity in the MDU market NextGenTel broadband portfolio is shifting from medium to high bitrates NextGenTel is evaluating future TV partners which can support the needs for a TV service TV will be an increasingly important service for NextGenTel in order to fuel growth both in terms of customer numbers and revenue 24
25 The housing cooperatives segment 25
26 The MDU market Total households: 850,000 1) Total broadband subscriptions: 620,000 1) MDU market approx. NOK 5 billion per year 2) Two major players: Get and Canal Digital Close to duopoly Get and Canal Digital holds about 70% of the total market Current market leaders deliver exceptional EBITDA by forcing the customer to bundle TV and broadband 1) Based on NKOM report (H1-2015) 2) Based on ARPU levels from GET, and subs from NKOM 26
27 Forced bundling The Norwegian Consumer Ombudsman (CO Forbrukerombudet ) has for several years been working against forced bundling of TV and Internet The CO has stated that the forced bundling is illegal The major players in the MDU market still bundle TV and Internet in many cases Historically TV providers through COAX Today we all need Internet access, but for many TV is not necessary anymore. It is unreasonable that consumers cannot opt out of the extra cost for TV. - Gry Nergård, Norwegian Consumer Ombudsman (CO) Photo credit: Forbrukerombudet 27
28 The consumer needs A housing community consists of many different consumers with different needs The trend is that consumers watch less linear TV and more streaming services 1) More people spend time on the Internet and social media 1) Why should the consumers need to pay for their neighbor's needs? 1) Norwegian media barometer, Statistics Norway (Statistisk Sentralbyrå) 28
29 NextGenTel has changed the game We give our customers the freedom of choice by unbundling TV from Internet Tailor-made, consumers can choose what they want, independent from their neighbors We prepare for future needs by installing fiber and modernizing the infrastructure Offer best price/performance on broadband, TV subs, OTT, mobile and VoIP subscriptions 29
30 The value proposition A housing community with 100 apartments Current vendor has a contract period of 60 months Current vendor (TV and Internet access bundle): Products Cost per unit/month Total cost per month Total cost over 5 year contract TV NOK 280,- NOK ,- NOK ,- Broadband NOK 248,- NOK ,- NOK ,- Total pr unit NOK 524,- NOK ,- NOK ,- Approx. 15% does not watch linear TV NextGenTel moves the cost of individual needs from the housing communities shared costs to the individual consumers NextGenTel savings for the housing community: Cost Savings per unit/month Savings per month Total savings over 5 year contract Moved cost from shared cost NOK 280,- NOK ,- NOK ,- «Wasted» TV cost (15%) NOK 280,- NOK 4.200,- NOK ,- 30
31 Expand fiber footprint 31
32 Three equal size access technologies DSL customer base is expected to stabilize from revitalization of the copper network FTTH will rise, also in the MDU markets We expect coax to be replaced by fiber over time 32
33 Fiber network owners Customers in 000 ~100 ~550 ~135 ~90 ~100 ~ Nationals Lyse* (205) Telenor (~110) Regionals Get (~40) NTE (35) BKK (20) Eidsiva** (15) Tafjord (14) Broadnet (~10) Small regionals/ locals Total * Includes Lyse Fiber (80), Viken Fiber (110) and Signal (16) ** Fibre customers in Eidsiva Bredbånd. Fibre network owned by local utilities 33
34 NextGenTel growth strategy Customers in 000 ~135 ~100 ~550 ~90 ~315 6 ~100 2 Nationals Lyse* (205) Telenor (~110) Regionals Get (~40) NTE (35) BKK (20) Eidsiva** (15) Tafjord (14) Broadnet (~10) Small regionals/ locals Total Telenor available for NGT Partly available through regulations * Includes Lyse Fiber (80), Viken Fiber (110) and Signal (16) ** Fibre customers in Eidsiva Bredbånd. Fibre network owned by local utilities Available for NGT 34
35 The corporate segment 35
36 NextGenTel corporate segment Product/services NextGenTel revenues (mnok) Total market size (mnok) 1) Datacom 347 4,005 Mobile & fixed voice 143 7, ,957 NextGenTel: Datacom & fixed broadband, growth from newly launched mobile IN services unified communications Kvantel: Network services, primarily to system integrators and telecom operators (wholesale) 1) Source: NKOM
37 Market overview & positioning Positioning of key market players Large companies Historically, NextGenTel has been a niche supplier of plain mobile & VoIP services to the small office/home office segment. Price has been the main selling point. Niche Full service Comprehensive product release within unified communication services. NextGenTel meets the future demand for SME s and the public sector. SoHo 37
38 Business new IN-Voice services In Q NextGenTel launched a hybrid MVNO setup and a new IN-Voice platform enabling NextGenTel to grow its business in the corporate SME and public tender market place. Full Cloud based PBX switchboard; Mobile & Sip Trunk with Skype for business Integration No physical installation needed All in one platform Advanced conferencing solution Uses preferred One-number full presence, use any device PC, tablet, mobile phone, desk phone User defined profile management Datanet secure VPN voice services Full self-service solution for customers and partners 38
39 Customer value proposition (UC) 67% Realized Customer Benefits Productivity MARKET OUTLOOK Segment is growing at an impressive pace 54% Opex Savings ~25 % annual growth 68% Efficiency gains Higher ARPU than traditional voice services, additional recurring revenue 62% Collaboration Lower churn less competition and more integrated services Recurring revenue from Mobile services IN Services SIP-Trunk Data net Source: Gartner/IDC 39
40 Kvantel business model New and modern value chain for production and delivery enables seamless delivery of complex solutions Delivery model designed to best fulfil the needs of the system integrators Best fiber coverage in Norway Secured through tight collaboration with more than 60 regional fiber owners Combined with fully owned xdsl national network Seamless fiber wholeselling through best in class OSS/BSS 40
41 Kvantel acquisition: marks the start for NextGenTel s next phase of growth ~500 mnok B2B player SME s procure data communications services from outsourced IT company or with Mobile-/IN node provider With the acquisition of Kvantel NextGenTel has secured a solid position for further growth in B2B Strengthened position to leverage wholesale business towards professional partners, system integrators and IT companies. «One-stop shopping». 41
42 Financials Planned opex and capex reductions Financial structure Financing 42
43 Opex planned reductions Efficiency gains from implementation of new business support system (Q3/Q4 2016) Plan to reduce total opex to 29% of revenues by end 2017 (estimated effects of NOK 5 and 10 million in 2016 and 2017 respectively) (NOKm) NGT acquisition Kvantel acquisition 40% 35% 30% 50 25% 40 20% 30 15% 20 10% 10 5% 0 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Personnel exp Other opex Total opex/revenues Personnel exp/revenues 0% 43
44 CAPEX planned reductions Quarterly variations in capex depending on maintenance needs, customer inflow, changes in customer equipment, development projects etc Capex/sales was 9.3% in 2015 Plan to reduce capex by NOK 15 million in 2016 and further reduce capex/sales below 7% during 2017 (NOKm) 35 12,0 % ,0 % 8,0 % 20 6,0 % ,0 % 5 2,0 % 0 Q1'15 Q2'15 Q3'15 Q4'15 0,0 % CAPEX CAPEX/sales 44
45 Financial structure The acquisition of NextGenTel AS increased total balance significantly A share issue in connection with the acquisition gave the Group an equity ratio of 15% at the end of 2013 Continuous dividends have kept equity low 1) (NOKm) Development equity, total balance and equity ratio NGT acquisition Kvantel acquisition 60% 50% 40% % 20% Equity Total balance Equity ratio % % 1) Cumulative dividends of NOK per share. Cumulative EPS of NOK per share. 45
46 Financial structure Interest-bearing debt equal to 44% of total balance Net interest-bearing debt/ebitda = 1.4 Equity ratio of 15% Credit facility of 50 mnok (unused) (NOKm) Balance sheet composition 31 Dec 2015 Non-current assets Current assets Cash Assets Equity Non-current liabilities Current liabilities Equity & liabilities Total interestbearing liabilities: 376 mnok 46
47 Financing terms and covenants Initial loan Loan balance 31 Dec 2015 Term Installments NOK 250 million NOK 175 million 5 year Semi-annual NOK 25 million NOK 140 million NOK 140 million 3.5 years (parallel to existing loan) Semi-annual NOK 10 million Bullet (remaining loan balance after 3.5 years) of NOK 80 million Interest rate: 3m NIBOR % until 30 June 2016, reduced to 3m NIBOR+2.50% thereafter (covenant: 17.5% equity ratio) Interest rate swap (hedge): Date Amount (mnok) Swap rate Oct % Jan Oct % Jan Oct (maturity) Key financial covenants Equity ratio 15.0% until 31 March 2016, 17.5% thereafter Leverage (Net debt/ebitda) 31 Mar 2016: < Jun 2016: < Dec 2016 and thereafter: < 1.50 Capex NOK 150 million (annually) 47
48 Strategic focus ensuring value creation Priority Value drivers High-speed broadband Revitalization of the copper network Reduce churn and preserve existing base Higher ARPU and margin FTTX MDUs Large market potential Revenue growth Long term customer agreements Profitable growth TV High-speed broadband increases customer intake and revenues Voice Up-selling of fixed and mobile voice solutions to existing and new customers Unified communication New services launched Attractive to corporate customers Revenue growth 48
49 Q&A 49
50 Disclaimer By reading this document (the Presentation ), or attending any oral presentation held in relation thereto, the recipient agrees to be bound by the following terms, conditions and limitations. The Presentation has been prepared by NextGenTel Holding ASA (the Company ) exclusively for information purposes. The Presentation does not constitute, and should not be construed as, an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction. The release, publication or distribution of this Presentation or the information contained herein may be restricted by law in certain jurisdictions, and persons into whose possession this Presentation comes are required to inform themselves about and comply with any such restrictions. The information contained in the Presentation has not been independently verified. While this information has been prepared in good faith, no representation or warranty (express or implied) is made as to the accuracy or completeness of any information contained herein. None of the Company or its subsidiary undertakings, affiliates or advisors, or any such person s directors, officers or employees shall have any liability for any loss howsoever arising from any use of this Presentation or its contents or otherwise arising in connection with the Presentation. The recipient acknowledges that it will be solely responsible for its own assessment of the market and the market position of the Company and that it will conduct its own analysis and be solely responsible for forming its own view of the potential future performance of the Company s business. The content of this Presentation are not to be construed as legal, business, investment or tax advice. Each recipient should consult with its own professional advisors for any such matters and advice. This Presentation contains certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words believes, expects, predicts, intends, projects, plans, estimates, aims, foresees, anticipates, targets, and similar expressions. The forward-looking statements contained in this Presentation, including assumptions, opinions and views of the Company or cited from third party sources, are solely opinions and forecasts which are subject to risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements that are expressed or implied by statements and information in the Presentation, including, among others, risks or uncertainties associated with the Company s business, segments, development, growth management, financing, market acceptance and relations with customers, and, more generally, general economic and business conditions, changes in domestic and foreign laws and regulations, taxes, changes in competition and pricing environments, and fluctuations in currency exchange rates and interest rates. None of the Company or any of its subsidiary undertakings, affiliates or, advisors, or any such person s directors, officers or employees provides any assurance that the assumptions underlying such forward-looking statements are free from errors nor do any of them accept any responsibility for the future accuracy of the opinions expressed in this Presentation or the actual occurrence of the forecasted developments. The Company assumes no obligation, except as required by law, to update any forward-looking statements or to conform these forward-looking statements to our actual results. The securities of the Company have not been, and will not be, registered under the United States Securities Act of 1933 (the "U.S. Securities Act"), and may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the U.S. Securities Act. This Presentation is dated 20 April Neither the delivery of this Presentation nor any further discussions of the Company with any of the recipients shall, under any circumstances, create any implication that there has been no change in the affairs of the Company since such date. This Presentation is subject to Norwegian law, and any dispute arising in respect of this Presentation is subject to the exclusive jurisdiction of Norwegian courts. 50
Telio & NextGenTel. NextGenTel Holding ASA. Q1 2015 Presentation. Eirik Lunde, CEO. Felix Konferansesenter Oslo 7 May 2015
Telio & NextGenTel NextGenTel Holding ASA Q1 215 Presentation Eirik Lunde, CEO Felix Konferansesenter Oslo 7 May 215 This is NextGenTel Group Background Telio Pioneer in the Norwegian VoIP market rapid
More informationTelenor Norway Fixed broadband. Øystein Myrvold, Investment Director, Telenor Norway London 2 June 2015
Telenor Norway Fixed broadband Øystein Myrvold, Investment Director, Telenor Norway London 2 June 2015 The Norwegian fixed Internet and TV market 2.35 million households 63% living in single-dwelling units
More informationDisclaimer. Telenor First Quarter 2010
Telenor First Quarter 2010 Jon Fredrik Baksaas, President and CEO Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be
More informationMorgan Stanley Conference. November 20 th, 2008
Morgan Stanley Conference November 20 th, 2008 Disclaimer This document has been prepared by ILIAD S.A. (the «Company») and is being furnished to you personally solely for your information. This presentation
More informationInterim report Second quarter 2015
Interim report Second quarter 2015 Oslo, 20 August 2015 Presenters and agenda Agenda Hans-Petter Mellerud Founder and CEO Highlights for the quarter Financial performance Regional trends Nina Stemshaug
More informationSmart Metering Systems plc. Interim Results For the half year ended 30 June 2015
Smart Metering Systems plc Interim Results For the half year ended 2015 Introduction and agenda Business review Alan Foy, CEO SMS story Financial Operational Financial review Glen Murray, CFO Highlights
More information1H 2008 Results & Strategy Presentation. August 28 th, 2008
1H 2008 Results & Strategy Presentation August 28 th, 2008 Disclaimer This document has been prepared by ILIAD S.A. (the «Company») and is being furnished to you personally solely for your information.
More informationTelio Holding ASA Q3 09 presentation. Eirik Lunde, CEO Oslo, 28 October 2009
Telio Holding ASA 09 presentation Eirik Lunde, CEO Oslo, 28 October 2009 1 Telio Holding ASA Leading European access independent broadband telephony provider Committed to improving user experience and
More informationTelenor Group Second Quarter 2013
Telenor Group Second Quarter 2013 Jon Fredrik Baksaas, CEO Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated
More information#Essentiels2020. Orange strategic plan. 17 mars 2015
#Essentiels2020 Orange strategic plan 17 mars 2015 disclaimer This presentation contains forward-looking statements about Orange. Although we believe these statements are based on reasonable assumptions,
More informationQSC AG. Company Presentation. Preliminary Results 2014 / Outlook 2015 Cologne, February 23, 2015
QSC AG Company Presentation Preliminary Results 2014 / Outlook 2015 Cologne, February 23, 2015 AGENDA 1. Financial Development 2014 Stefan A. Baustert 2. Financial Outlook 2015 / Cost Reduction Program
More informationNICKEL MOUNTAIN GROUP AB
Company presentation NICKEL MOUNTAIN GROUP AB «Building a high growth, high return debt management services company» 16 October 2015 NOT FOR REPRODUCTION OR DISTRIBUTION. THE INFORMATION CONTAINED HEREIN
More informationQSC AG. Company Presentation. Results Q1 2014 Cologne, May 12, 2014
QSC AG Company Presentation Results Q1 2014 Cologne, May 12, 2014 AGENDA 1. Highlights Q1 2014 2. Financial Results Q1 2014 3. Outlook 2014 4. Questions & Answers 2 2014 STARTED AS EXPECTED Two-track development
More informationTelenor Second Quarter 2005
Telenor Second Quarter Group Overview Jon Fredrik Baksaas President and CEO Strong revenue and subscriber growth Revenues (NOKm) Revenue growth of 9% 15 226 9% growth 16 542 Record high mobile subscriber
More informationH1 2011 Strategy & Results Presentation. September 1 st, 2011
H1 2011 Strategy & Results Presentation September 1 st, 2011 1 Disclaimer This document has been prepared by ILIAD S.A. (the "Company ) and is being furnished to you personally solely for your information.
More informationWEBINAR VDSL-VECTORING. Stephan Eger Bruno Jacobfeuerborn Wolfgang Kopf
WEBINAR VDSL-VECTORING Stephan Eger Bruno Jacobfeuerborn Wolfgang Kopf DISCLAIMER This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom management with
More informationNumericable Group Company presentation
Numericable Group Company presentation July 2013 Numericable Group Q1 2014 Results Presentation 13 May 2014 Paris Disclaimer 2 This document was prepared by Numericable Group for the sole purpose of this
More information2 N D Q U A R T E R 2 0 1 6. O s l o, 1 8 J u l y 2 0 1 6
2 N D Q U A R T E R 2 1 6 O s l o, 1 8 J u l y 2 1 6 Agenda Per A Sørlie, President & CEO Highlights Business areas Outlook Per Bjarne Lyngstad, CFO Financial performance 2 Highlights 2 nd quarter 216
More informationNumericable Group Company presentation
Numericable Group Company presentation July 2013 Numericable Group Q3 2014 Results Presentation 27 October 2014 Paris Disclaimer 2 This document was prepared by Numericable Group for the sole purpose of
More informationFibre rollout project examples Lyse and Altibox partners
Fibre rollout project examples Lyse and Altibox partners Eirik Gundegjerde CEO Lyse Tele AS Content Lyse, moving towards multiservice approach The Market Choosing infrastructure Sales strategy Network
More informationABG Sundal Collier. Profitability in the telecom industry. Analyst(s) Presentation, Teleforum 2015, 8 January. Investment Research
Investment Research ABG Sundal Collier Profitability in the telecom industry Presentation, Teleforum 2015, 8 January Analyst(s) Ole Petter Kjerkreit, +47 22 01 61 40 Kristofer Eriksson, +46 8 566 28 633
More informationManaging mature markets
Managing mature markets Morten Karlsen Sørby Nordic 1 1 Agenda Nordic overview Manage long term cash effects of fixed migration in Norway Sustain margin and market share in Norwegian mobile Develop Danish
More informationFrance Telecom Orange investor day conquests 2015
France Telecom Orange investor day conquests 2015 France Delphine Ernotte Senior Executive Vice-President, France May 31 st, 2011 1 investor day Conquests 2015 cautionary statement This presentation contains
More informationYear-end Report January-December 2015
Year-end Report January-December 20 Johan Dennelind, President & CEO Q4 20 high pace towards the new TeliaSonera Started to reduce presence in region Eurasia Continued business transformation Solid development
More informationSunrise Communications Holdings S.A. Financial results Second quarter 2014
Sunrise Communications Holdings S.A. Financial results Second quarter 2014 1 Q2 Highlights Successful launch of new offers accelerates growth momentum Freedom new mobile portfolio: 150k new Freedom subscribers
More informationTelenor Group Fourth Quarter 2015. Sigve Brekke, CEO
Telenor Group Fourth Quarter 2015 Sigve Brekke, CEO Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated
More informationMarch 2011. www.mtsallstream.com
1 March 2011 www.mtsallstream.com 2 Safe harbour notice This presentation contains certain forward-looking information. Material factors or assumptions were applied in drawing conclusions or making a forecast
More information3Q 2015 Operating Results
TSE: 2412 NYSE: CHT 3Q 2015 Operating Results October 29, 2015 Disclaimer STATEMENT REGARDING UNAUDITED FINANCIAL INFORMATION The unaudited financial information under T-IFRSs in this presentation is preliminary
More informationTelio Holding ASA Q1 08 presentation. Eirik Lunde, CEO Oslo, 29 April 2008
Telio Holding ASA Q1 08 presentation Eirik Lunde, CEO Oslo, 29 April 2008 Telio Holding ASA Leading European broadband telephony provider Committed to improving user experience and reducing cost to subscribers
More informationSmall Cap Conference Borsa Italiana. Milan, 19 November 2015
Small Cap Conference Borsa Italiana Milan, 19 November 2015 Summary Company Overview 2 Company Services 3 Technology 5 Business Model 6 Agreement with Huawei 7 3.6-3.8 Ghz band 8 Key Financials 9 1 Company
More informationAcquisition of Two Cable Operators in Bulgaria. Vienna, September 15, 2010
Acquisition of Two Cable Operators in Bulgaria Vienna, September 15, 2010 1 Cautionary Statement This presentation contains certain forward-looking statements. Actual results may differ materially from
More informationThe Future Begins Today
Numericable Group Company presentation July 2013 The Future Begins Today Creating the French Champion in Very High Speed Fixed Mobile Convergence 17 March 2014 Disclaimer This presentation contains statements
More informationHow To Make A Profit From Telecolumna.Com
FY 2015 Q1 Results Presentation Berlin, 12 May 2015 Disclaimer This document has been prepared by Tele Columbus AG(the"Company") solely for informational purposes. This presentation may contain forward-looking
More informationCEO s review Veli-Matti Mattila, CEO Financial review Jari Kinnunen, CFO
Agenda CEO s review Veli-Matti Mattila, CEO Financial review Jari Kinnunen, CFO 2 CEO s review 2011 overview Q4 2011 financial and operational highlights Segment review Strategy execution Progress of new
More informationQuarterly Income Statement
1 ST QUARTER 2016 Disclaimer This Presentation has been produced by Komplett Bank ASA (the Company or Komplett Bank ), solely for use at the presentation to investors and is strictly confidential and may
More informationKuehne + Nagel International AG Analyst Conference Call Q1 results 2015. April 14, 2015 (CET 14.00) Schindellegi, Switzerland
Kuehne + Nagel International AG Analyst Conference Call Q1 results 2015 (CET 14.00) Schindellegi, Switzerland Forward-looking statements This presentation contains forward-looking statements. Such statements
More informationDEUTSCHE TELEKOM German Corporate. Niek Jan van Damme Board member for Germany
DEUTSCHE TELEKOM German Corporate conference Niek Jan van Damme Board member for Germany DISCLAIMER This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom
More informationTelenor Group Third Quarter 2015. Sigve Brekke, CEO
Telenor Group Third Quarter 2015 Sigve Brekke, CEO Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated (
More informationQSC AG Company Presentation Results Q1 2011. Cologne, May 9, 2011
QSC AG Company Presentation Results Q1 2011 Cologne, May 9, 2011 1 AGENDA 1. Highlights Q1 2011 2. Financial Results Q1 2011 3. Outlook 2011 4. Questions & Answers 2 MAJOR ACHIEVEMENTS IN 2011 UP TO NOW
More informationDEUTSCHE TELEKOM Q3/14 Results
DEUTSCHE TELEKOM Results DISCLAIMER This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These forwardlooking
More informationTelenor Group Third Quarter 2014. Jon Fredrik Baksaas, CEO
Telenor Group Third Quarter 2014 Jon Fredrik Baksaas, CEO Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated
More informationT le Co C l o um u bu b s u acqu q i u res pe p pc p om
Tele Columbus acquires pepcom 13 September 2015 Disclaimer This document has been prepared by Tele Columbus AG (the "Company") solely for informational purposes. This presentation may contain forward-looking
More informationUpdate following the publication of the Bank of England Stress Test. 16 December 2014
Update following the publication of the Bank of England Stress Test 16 December 2014 Background Top 8 Banks Resilience Stress Tested by PRA following FPC recommendation in March 2013 Guidance for stress
More informationQSC AG. Company Presentation. Results Q3 2013 Cologne, November 11, 2013
QSC AG Company Presentation Results Q3 2013 Cologne, November 11, 2013 AGENDA 1. Highlights Q3 2013 2. Financial Results Q3 2013 / Outlook 3. Questions & Answers 2 SOLID DEVELOPMENT IN Q3 2013 QSC is well
More informationAccelerating future growth with 300m network investment (Program Alpha ) March 2013
Accelerating future growth with 300m network investment (Program Alpha ) March 2013 Disclaimer This presentation may contain forward-looking statements. These statements are based on management's current
More informationNorwegian Energy Company ASA. Market update Stavanger, 15 October 2014
Norwegian Energy Company ASA Market update Stavanger, 15 October 2014 Important information This presentation (the Presentation ) has been prepared by Norwegian Energy Company ASA ( Noreco or the Company
More informationDisclaimer. This document has been prepared by Tele Columbus AG (the "Company") solely for informational purposes.
Disclaimer This document has been prepared by Tele Columbus AG (the "Company") solely for informational purposes. This presentation may contain forward-looking statements. These statements are based on
More informationHow To Profit From A Merger Between Telecolonia And Primacom
Tele Columbus acquires PrimaCom 16 July 2015 Disclaimer This document has been prepared by Tele Columbus AG (the "Company") solely for informational purposes. This presentation may contain forward-looking
More informationINVESTOR CALL RESULTS OF THE FISCAL YEAR 2014/15
INVESTOR CALL RESULTS OF THE FISCAL AR 2014/15 Mannheim, 13 May 2015 Oliver Windholz CEO Helmut Fischer CFO Disclaimer 2015 PHOENIX Pharmahandel GmbH & Co KG This document has been prepared by PHOENIX
More informationMorgan Stanley TMT Conference. Barcelona November 12, 2015
Morgan Stanley TMT Conference Barcelona November 12, 2015 1 AGENDA 1 Numericable - SFR 2 Portugal Telecom 3 Hot 4 Orange Dominicana / Tricom 2 ALTICE BUSINESS MODEL Relaunch marketing focused on Better
More informationAgenda. CEO s review Veli-Matti Mattila, CEO. Financial review Jari Kinnunen, CFO
Agenda CEO s review Veli-Matti Mattila, CEO Financial review Jari Kinnunen, CFO CEO s review Q1 2013 financial and operational highlights Segment review Strategy execution Outlook for 2013 3 Q1 2013 highlights
More informationThird quarter results 2014
Third quarter results 2014 Highlights Third quarter 2014 High operational activity H6 rig upgrade completed ahead of time Cooperation with KBR for Sverdrup Study awarded for Subsea on a Stick Order backlog
More informationTetragon Financial Group Limited ( TFG )
Tetragon Financial Group Limited ( TFG ) 12 August 2014 THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO PURCHASE ANY SECURITY OF TFG. THIS INFORMATION
More informationDeutsche Wohnen AG.» Investor Presentation. September 2010
Deutsche Wohnen AG» Investor Presentation September 21 1 » Agenda 1 2 3 4 Introduction to Deutsche Wohnen Portfolio Overview and Operations Financial Highlights Guidance and Strategic Objectives 2 » 1
More informationKuehne + Nagel International AG Analyst Conference Call Q1 Results 2014
Kuehne + Nagel International AG Analyst Conference Call Q1 Results 2014 April 14, 2014 Schindellegi, Switzerland Forward-Looking Statements This presentation contains forward-looking statements. Such statements
More informationTELIO HOLDING ASA QUARTERLY REPORT Q1 2007
TELIO HOLDING ASA QUARTERLY REPORT Q1 2007 Q1 Revenues NOK 88.4 million up 34% vs Q1 06, EBITDA of 18% of revenues, and operating profits of NOK 4.1 million, best ever. Strong customer growth in Denmark
More informationEtisalat Group. Aspire Forward. Q1 2014 Results Presentation 28 April 2014
Etisalat Group Aspire Forward Q1 2014 Results Presentation 28 April 2014 Disclaimer Emirates Telecommunications Corporation and its subsidiaries ( Etisalat or the Company ) have prepared this presentation
More informationOrange Spain: the alternative
Orange Spain: the alternative Belarmino Garcia Spain CEO agenda 1 2 3 4 5 market background our integrated strategy our strengths focus on value conclusion 2 the Spanish telecom market a buoyant market
More informationEtisalat Group. Q4 2014 Results Presentation
Etisalat Group Q4 2014 Results Presentation 26 th February 2015 Disclaimer Emirates Telecommunications Corporation and its subsidiaries ( Etisalat or the Company ) have prepared this presentation ( Presentation
More informationDNO ASA Corporate Presentation and Update
DNO ASA Corporate Presentation and Update Haakon Sandborg, CFO Swedbank Nordic Energy Summit 19 March 2015 Oslo, Norway DNO at a glance Norwegian oil and gas operator focused on the Middle East and North
More informationQSC AG. Company Presentation Results Q3 2009. Cologne, November 9, 2009 9.11.09
QSC AG Company Presentation Results Q3 2009 Cologne, November 9, 2009 1 9.11.09 AGENDA 1. Financial Results Jürgen Hermann, Chief Financial Officer 2. Operational Update & Outlook Dr. Bernd Schlobohm,
More informationOrange financial results
2016 Orange financial results Ramon Fernandez Deputy CEO, Chief Financial and Strategy Officer 26 April 2016 disclaimer This presentation contains forward-looking statements about Orange. Although we believe
More informationRUNNINGBALL ACQUISITION INVESTOR PRESENTATION
RUNNINGBALL ACQUISITION INVESTOR PRESENTATION TRANSACTION HIGHLIGHTS Proposed acquisition of RunningBall group, a leading provider of real-time sports data to the online sports betting sector Consideration
More informationEUROPE S LEADING ONLINE FASHION DESTINATION Q1 2015 Earnings Call 12 May 2015
EUROPE S LEADING ONLINE FASHION DESTINATION Q1 2015 Earnings Call 12 May 2015 Results highlights and business update 1 REACCELERATED REVENUE GROWTH WHILE PROFITABILITY IMPROVEMENTS CONTINUE Strong Revenue
More information16 February 2012 Fourth Quarter 2011 CEO Sverre Hurum CFO Erik Stubø
16 February 2012 Fourth Quarter 2011 CEO Sverre Hurum CFO Erik Stubø Disclaimer The information contained in the Presentation is for your use only. Recipients may not reproduce, redistribute or pass on,
More informationFY 2011 Strategy & Results Presentation. March 8 th, 2012
FY 2011 Strategy & Results Presentation March 8 th, 2012 1 Disclaimer This document has been prepared by ILIAD S.A. (the "Company ) and is being furnished to you solely for your information and personal
More informationTV in Telekom Austria Group. Capital Market Day 2013, 15 January 2013
TV in Telekom Austria Group, 15 January 2013 Introduction In addition to traditional TV offerings, technology opens new possibilities in TV area Trend of increasing TV and bundle subscribers within Telekom
More informationQSC AG. Company Presentation. Results Q2 2014 Cologne, August 11, 2014
QSC AG Company Presentation Results Q2 2014 Cologne, August 11, 2014 AGENDA 1. Operating development Q2 2014 2. Financial development Q2 2014 3. Outlook for 2014 4. Questions & Answers 2 DISAPPOINTING
More informationSAF-HOLLAND Annual Financial Statements 2012. Detlef Borghardt, CEO Wilfried Trepels, CFO. March 14, 2013
SAF-HOLLAND Annual Financial Statements 212 Detlef Borghardt, CEO Wilfried Trepels, CFO March 14, 213 Executive Summary business volume successfully expanded in 212 1 Group sales increased yoy by 3.4%
More informationNorsk Gjenvinning Group 1st Quarter 2016 Erik Osmundsen, CEO and Dean Zuzic, CFO
Norsk Gjenvinning Group 1st Quarter 2016 Erik Osmundsen, CEO and Dean Zuzic, CFO Disclaimer VV Holding AS is providing the following interim financial statements for Q1 2016 to holders of its NOK 2,235,000,000
More informationNOBINA AB INVESTOR PRESENTATION, Q3, SEPTEMBER NOVEMBER 2015
NOBINA AB INVESTOR PRESENTATION,, SEPTEMBER NOVEMBER 2015 LARGEST PUBLIC TRANSPORT COMPANY IN THE NORDIC REGION Nobina s economies of scale, market expertrise and outstanding bus fleet, combined with long-term
More informationMTN Business Solutions. Angela Gahagan - Thomson Managing Director
MTN Business Solutions Angela Gahagan - Thomson Managing Director Agenda Overview ISP / Mobile Integration / Innovation Business approach Looking forward 2 ISP vs mobile Similarities Licences (IECNS &
More informationFocus on fleet customers SAF-HOLLAND Annual Financial Statements 2013
Focus on fleet customers SAF-HOLLAND Annual Financial Statements 213 Detlef Borghardt, CEO Wilfried Trepels, CFO March 13, 214 Agenda 1 Financials 3 2 Appendix 21 2 Executive Summary 1 2 3 Group sales
More informationOrange Polska 3Q 15 results. 22 October 2015
Orange Polska 3Q 15 results 22 October 2015 1 Forward looking statement This presentation contains 'forward-looking statements' including, but not limited to, statements regarding anticipated future events
More information1 January 2004 31 December 2004
1 January 31 December 1 Contents Q4 Report President and CEO Veli-Matti Mattila Key Figures and Financial Statement CFO Tuija Soanjärvi 2 Q4 Report President and CEO Veli-Matti Mattila Elisa Q4 Financial
More informationFourth Quarter 2014. Published February 25, 2015. www.asetek.com
Fourth Quarter 2014 Published February 25, 2015 Disclaimer This presentation and its enclosures and appendices (jointly referred to as the Presentation ) has been produced by Asetek A/S (the Company )
More informationPreferred partner. Investor Day 2015. London, March 17, 2015 Luis Araujo, CEO Svein Stoknes, CFO
Investor Day 2015 London, March 17, 2015 Luis Araujo, CEO Svein Stoknes, CFO 2015 Aker Solutions Slide 1 March 17, 2015 Investor Day 2015 Forward-Looking Statements and Copyright This Presentation includes
More informationAnalyst Roundtable. Cologne, December 12, 2013
QSC AG Analyst Roundtable Cologne, December 12, 2013 AGENDA 1. Operational Update Barbara Stolz CFO 2. Strategic Update Juergen Hermann CEO 3. Presentation of Selected Innovations - QSC-WiFi - QSC-tengo
More informationInterim Report. 4th quarter 2008
Interim Report 4th quarter 2008 Nordic Semiconductor ASA 4th quarter 2008 Revenue in Q4 68.9 MNOK, an increase of 40% over Q4 2007 of 49.2 MNOK. A stronger USD rated contributed NOK 14 relative to Q4 2007.
More informationKuehne + Nagel International AG Analyst Conference Call Nine-months 2015 results. October 13, 2015 (CET 14.00) Schindellegi, Switzerland
Kuehne + Nagel International AG Analyst Conference Call Nine-months results October 13, (CET 14.00) Schindellegi, Switzerland Forward-looking statements This presentation contains forward-looking statements.
More informationKabel Deutschland shows continued growth with Internet & Phone
INVESTOR RELATIONS RELEASE Kabel Deutschland shows continued growth with Internet & Phone Unterfoehring, February 12, 2016 Kabel Deutschland Holding AG ( Kabel Deutschland, KDH or the Company ), Germany
More informationAT&T to Acquire DIRECTV May 19, 2014
AT&T to Acquire DIRECTV May 19, 2014 2014 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T
More informationGjensidige Bank ASA Investor Presentation 2013. 19. March 2013
Gjensidige Bank ASA Investor Presentation 2013 19. March 2013 Agenda Gjensidige Bank in Brief (Hans Harèn - GB CEO) p. 3-6 Gjensidige Group capital position (Linn Soltvedt - Investor Relations Officer)
More informationTVN GROUP RESULTS FOR THE SECOND QUARTER AND FIRST HALF OF 2015 WARSAW, AUGUST 4 TH, 2015
TVN GROUP RESULTS FOR THE SECOND QUARTER AND FIRST HALF OF 2015 WARSAW, AUGUST 4 TH, 2015 Disclaimer This presentation (the Presentation ) has been prepared by TVN S.A. (the Company ) solely for use by
More informationSolon Survey of European Cable Communication 2014
Solon Survey of European Cable Communication 2014 Key Findings Solon European Cable Survey 2014 Cable industry to accelerate growth: The European cable operators participating in this year s survey are
More informationFrance Telecom Orange investor day conquests 2015
France Telecom Orange investor day conquests 2015 adapt to conquer Stéphane Richard Chairman & CEO May 31 st, 2011 cautionary statement This presentation contains forward-looking statements about France
More informationTelecom Argentina Plan 2011-13 FRANCO BERTONE
Telecom Argentina Plan 2011-13 Safe Harbour These presentations contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
More informationTHE DIGITISER OF THE GERMAN MITTELSTAND
Cologne, 9 November 2015 Results Q3 2015 THE DIGITISER OF THE GERMAN MITTELSTAND 1. Strategic Update QSC well on track in Q3 2015 Strong increase in profitability and financial strength (Y-o-Y: EBITDA:
More informationeaccess Limited 9427 Mid-Year Results for Fiscal Year Ending 3/2006 4/2005 9/2005
eaccess Limited 9427 Mid-Year Results for Fiscal Year Ending 3/2006 4/2005 9/2005 November 8 th, 2005 2 I. FY2005 Mid-Year Financial Results Overview Page 3 II. FY2005 Mid-Year Financial Results Page 8
More informationGroup overview Veli-Matti Mattila CEO
Group overview Veli-Matti Mattila CEO Content 1 2 3 4 5 Performance update Market environment Strategy execution Mid-term targets CEO priorities 2 22 October 2014 Elisa CMD 2014 Group overview Performance
More informationPerspective on Broadband Access Evolution
Perspective on Broadband Access Evolution Jean-Pierre Lartigue Access Network Division October 2004 The path towards user-centric broadband services New Services Adoption User-Centric Broadband Services
More informationNETWORK AS AN ENABLER. WALTER GOLDENITS Chief Technology and IT Officer
NETWORK AS AN ENABLER WALTER GOLDENITS Chief Technology and IT Officer TECHNOLOGY AS AN ENABLER OF CUSTOMER EXPERIENCE SPEED OF Technology Innovation Activities COST EFFICIENCY Network modernization Architecture
More informationAcquisition of Taiwan Broadband Communications. Macquarie International Infrastructure Fund Limited (MIIF)
Acquisition of Taiwan Broadband Communications Macquarie International Infrastructure Fund Limited (MIIF) 10 July 2007 Disclaimer Disclaimer Macquarie International Infrastructure Fund Limited (MIIF) is
More informationEUROPE S LEADING ONLINE FASHION DESTINATION Q4 / Full-Year 2014 Earnings Call 5 March 2015
EUROPE S LEADING ONLINE FASHION DESTINATION Q4 / Full-Year 2014 Earnings Call 5 March 2015 Results highlights and business update 1 CONTINUED CLEAR FOCUS ON EXECUTION Strong revenue growth outperforms
More informationKuehne + Nagel International AG Analyst Conference Call First quarter 2016 results. April 19, 2016 (CET 14.00) Schindellegi, Switzerland
Kuehne + Nagel International AG Analyst Conference Call First quarter 2016 results April 19, 2016 (CET 14.00) Schindellegi, Switzerland Forward-looking statements This presentation contains forward-looking
More informationAgenda. Highlights Internet Business YellowPages Business Voice Info & Mobile Content Services & Classified Business Q & A
CS LOXINFO Q1 10 Briefing Briefing on May 14, 2010 Agenda Highlights Internet Business YellowPages Business Voice Info & Content Services & Classified Business Q & A 2 Q1 10 Consolidated Performance Unit
More informationKuehne + Nagel International AG Analyst Conference Call Full-year 2015 results. March 2, 2016 (CET 14.00) Schindellegi, Switzerland
Kuehne + Nagel International AG Analyst Conference Call Full-year results March 2, 2016 (CET 14.00) Schindellegi, Switzerland Forward-looking statements This presentation contains forward-looking statements.
More informationTD Securities Telecom & Media Forum
TD Securities Telecom & Media Forum June 14, 2012 George Cope President & CEO Safe harbour notice Certain statements made in the attached presentation, including, but not limited to, statements relating
More informationDEUTSCHE TELEKOM Q2/15 Results
DEUTSCHE TELEKOM Results DISCLAIMER This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These forward-looking
More informationWIND Telecomunicazioni
WIND Telecomunicazioni Positive Momentum Full Year 2015 Results February 18 th, 2016 FY 2015 Revenue EBITDA Total revenue 4,428 million, down 4.4% YoY Mobile service revenue declines 2.1% YoY posting a
More information