Business Life Insurance 19 - A Profit Analysis of Brazil

Size: px
Start display at page:

Download "Business Life Insurance 19 - A Profit Analysis of Brazil"

Transcription

1 1

2 Safe Harbor Statement This presentation contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements and involve inherent risks and uncertainties. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events 2

3 Main Telecom Groups in Brazil Subscriber Base - Sep/ 06 TMAR Oi Oi (GSM) Brasil Telecom Brasil Telecom BRT GSM TIM (TDMA/GSM) (Mobile only) Region I Region I Region II Region II 39% 13% 23% 3% 25% Telefonica Telmex / AMX Telefônica (TSP) Vivo (CDMA) TEF / PT Embratel (LD) Claro (TDMA/GSM) CVC / Pension Funds Telemig / Tele Norte (Mobile only) Region IV Region III 32% 30% 23% 5% Market Share of Fixed Lines in Service Market Share of Mobile Clients 3

4 Local LD Mobile Data/ Broadband Operation Status Brazil s Telecom Market Telecom Net Revenues (9M06): US$ 27 billion 1 Major Players Main Services Mobile 33% Handset Sale 7% Other 6% Data 9% Local 29% LD 16% Telmex / AMX 20% Tim 12% Market Share Telemar / Oi 21% Other 2% BRT 13% Telefonica / Vivo 32% (TNE) (TSP) (BRT) /Embratel (TMX) 2 2 (TF/PT) (AMX) (TSU) 2 2 integrated pure fixed integrated LD Carrier pure mobile pure mobile pure mobile Source: Company Reports Note: 1 Considering Tele Norte Leste, Brasil Telecom, Telesp Fixed, Embratel, Tim Brasil, Vivo, Claro, Telemig and Tele Norte Celular. 2 Fixed-line incumbents 4

5 Global industry trends affect local market Consolidation (M&A) Scale Convergence of Services One-Stop Shop 5

6 Consolidation: intense M&A activity in the U.S M&A Source: FCC, US Department of Justice, companies, team analyses 6

7 M&A activity in Europe and Asia Wireline Integration Expansion Date Country Buyer Target operator Type Operation focus Dec/04 Italy BT Albacom Fixed CLEC Geographic expansion Jan/05 France France Telecom Equant Fixed Dados, IT Vertical integration Apr/05 Czech Rep Telefonica Cesky Fixed ILEC Geographic expansion May/05 France Telecom Italia LibertySurf Fixed CLEC Geographic expansion May/05 France Cegetel Neuf Telecom Fixed CLEC Market share/scale Nov/05 Denmark Nordic Telephone TDC Fixed/mobile ILEC Private equity Jan/06 Japan KDDI Powercom Fixed CLEC Vertical integration Jul/04 Denmark TeliaSonera Orange Mobile Market share/scale Mobile Integration May/05 Romania Vodafone Mobifon Mobile Geographic expansion Jul/05 Spain France Telecom Amena Mobile Geographic expansion Nov/05 Sweden Telenor Vodafone Sweden Mobile Market share/scale Dec/05 Turkey Vodafone Telsim Mobil Mobile Geographic expansion Jan/06 UK Telefonica O2 Mobile Geographic expansion Mar/06 Japan Softbank Vodafone Japan Mobile Vertical integration Source: Ovum, Morgan Stanley, team analyses 7

8 Consolidation in Brazil despite regulatory barriers Players/Groups in 2000 Today Tomorrow: How Many? Is Brazilian heading towards a duopoly arena? Mexican? Spanish? Safra BCI? Brazilian? Regulation Article #14 of General Concession Plan (PGO - April/1998) prohibits wireline incumbents from obtaining any other concession in another region as well as any shareholder from participating in the controlling group of more than one incumbent. - These restrictions can only be removed with a Presidential Decree In addition to the change in PGO, any consolidation involving fixed line incumbents would require: - Anatel s approval ( Anuência Prévia or Previous Consent) - CADE s approval (Anti-trust Agency Act) 8

9 Financial Highlights: Consolidated Ebitda R$ million 45% 44% 41% 40% EBITDA Margin 35% 6,175 6,531 6,765 5,353 4,598 3, M06 9

10 Financial Highlights: Capex R$ billion Mobile (2) Since 1998: R$ 27 billion (~US$ 12 billion): 80% Fixed line / 20% Mobile CAPEX 9M06 = 12.4% of net revenues Fixed 7.9 (1) /2007 Focus: Expand and enhance capacity of data broadband and mobile platforms Quality and Regulatory Requirements (Fixed-line network) M06 (1) Regulatory Targets ( 2) Mobile license: R$ 1.1 billion Capex 2006E: R$ 2.4 billion - 75% Fixed line 25% Mobile 10

11 Financial Highlights: Free Cash Flow* R$ billion FCF yield (12 m) = 28%** M06 (*) After CAPEX (**) Based on TNE prices on January 04, 2007 ($14.52) 11

12 Financial Highlights: Debt Position Sep/06 Net Debt Amortization Schedule Sep / x EBITDA 3.4 Total Debt = R$ 8.9 billion C A S H Sep-06 Sep Main Achievements: - Lower leverage (-39% from 2002) - Extended maturities (74% of total debt in the long term) - Lower foreign currency exposure (55% in Sep/06 vs 65% in Dec/05) - Decreased financial expenses / hedging costs - Average cost of debt : 98.8% (CDI) 12

13 Financial Highlights: Key Ratios Net Debt* / EBITDA EBITDA / Net Interest Expense CAPEX / EBITDA (%) Dividends / EBITDA (*) EOP 13

14 Global industry trends affect local market Consolidation (M&A) Scale Convergence of Services One-Stop Shop 14

15 Convergence: multi-services network redefining the telecom industry worldwide Platform Voice Data Video Voice Data Video Fixed telephony IPTV Wimax Mobile telephony 2,5/3G* Pay TV VoIP Wimax TV Technological barriers? Digital TV Services fragmented Complementary services Notes: *Video Streaming; Non-exhaustive examples 15

16 Examples of Bundled Services Prepaid Plans Dose Certa Pre-Paid Recharge with only R$ 1.00 Low End - Lower Recharge (R$ 1.00) - SIM alone - Bundles with Fixed Line and Payphones Post Paid Plans Oi Conta Total now offering Pay TV (Fixed+Mobile+Broadband+Pay TV) Middle-High End + - Control Plans - Loyalty Plans - Coverage - Relationshi p Benefits: Discounts in Combo Products No Adhesion Fee Free Modem for Velox Free Sky-Directv instalation Kit 16

17 Oi FLEX - an Oi handset that converges fixed and wireless lines, a single brand offer... What is it? Oi in the street and fixed at home Mobile phone that works like a fixed phone at home Benefits Convergence: Make and receive calls through a fixed network in one handset Comfort: Enjoy all mobile phone benefits (one contact agenda, etc) Mobility: Reach up to 100 m and answer fixed calls with mobile, as if it was an extension Economy: Client are guaranteed best tariffs depending on plan and type of line 17

18 Way TV Overview Way TV acquisition Region Concession Cable TV and Broadband company operating in Minas Gerais Concession in 4 cities No Network owned Capacity leased from Infovias Bidirecional Network 400,000 homes passed 90,000 total subscribers 46,000 Cable TV/ 44,000 broadband Strong Growth with low acquisition costs Net Revenue Breakdown Costs and Expenses Breakdown Others 12.8% Broadband Infovias 30.8% Third Party Services 11% 52.6% Cable TV 47.4%% Content IP 14.8% 15.4% Personnel 15.1% 18

19 And we distribute content in our multi-platafform Ring Tone. Truetone. Full track. Ring Back Tone. Vídeos. Interatividade. Streaming do show. Download do show. Download das músicas. Download de conteúdo. móvel associado. Oi TV Transmissão do Show. Interatividade. Venda de conteúdo móvel e de banda larga associado. Oi Magazine Transmissão ao vivo. Entrevistas/chat com os artistas. Concursos/Premiação. Conteúdo: Show Lulu Santos Matérias sobre o show. Chamadas incentivando o uso de interatividade e serviços no Oi. 19

20 20

21 Oi, One Step Ahead, converging services Service Convergence: One single Brand Bundled Services Pure Fixed or Mobile companies Source: Telemar 21

22 Consolidate leadership in the Region through clear and focused strategy From Product to Client Approach building a company based on 4 pillars Improve the knowledge from customers, seeing them in an integrated view Segmentation aiming to align product portfolio with client s real needs Integrated and innovative offers in the retail and corporate markets Velox and Oi as major growth drivers Creation of an internet platform Operational excellence, focusing on costs savings Customer Focus: integrated and convergent offers Management Processes: aligned with the strategy and focused on results People: with attitude and dedicated to serve Consolidate client s perception of quality Avoid irrational competition Partnership for content Innovation: new businesses to regain growth momentum Focus on ARPU instead of traffic Customer loyalty Cross selling Bundled services Scale Operating/ financial synergies 22

23 Important Notice to Our Shareholders In compliance with the terms of article 12 of CVM Instruction no 358*, TELEMAR advises its shareholders that the Company cannot be held responsible for any public disclosure of information by third parties regarding the acquisition or disposal of equity stakes equivalent to 5% or more of each class of shares or of the rights pertaining to these shares or other securities issued by the Company. Outstanding shares* TNE Outstanding shares* TMAR Common Preferred Total Common Preferred (A) Preferred (B) Total (*) - Ex-treasury (*) Shareholders owning a direct or indirect controlling stake in the company, shareholders who elect the members of the Board of Directors, or any private individual, legal entity or group of same, acting jointly or representing a common interest, that attains a direct or indirect stake equivalent to 5% (five percent) or more of the company s capital, must send to the CVM (Brazilian Securities commission) and, as the case may be, to the stock exchanges and over-the-counter entities where securities issued by the company may be traded, as well as publicly disclosing, under the terms of article 5 23

24 Company Overview We are the leading provider of telecommunications services in Region I of Brazil, which consists of 16 states, including the states of Rio de Janeiro, Minas Gerais, Bahia, Espirito Santo and Ceará. We are the largest provider of fixed-line telecommunications services in South America based on the total number of lines in service, which we are starting to market under our Oi Fix brand name. As of December 31, 2006, we had 17.1 million fixed-lines installed, of which 100% have been digitized, and 14.4 million fixed-lines in service. We provide mobile telecommunications services in Region I on the GSM technology platform. As of December 31, 2006, Oi had approximately 13.1 million subscribers. We also provide broadband services using ADSL technology. In Region I, as of December 31, 2006, we had approximately 1.1 million broadband subscribers (Oi Velox). We also market voice and data services to corporate customers throughout Brazil. The Brazilian states that comprise Region I represent approximately 64% of the country's territory, with a population of 102 million, producing approximately 41% of Brazil s GDP. IR Contacts: Rua Humberto de Campos, 425 / 8º andar -Leblon Rio de Janeiro - RJ Phone: ( 55 21) /1315/1316 Fax: (55 21) invest@oi.net.br Visit our website: 24

Presentation at the 14 th Annual Latin America Conference

Presentation at the 14 th Annual Latin America Conference Presentation at the 14 th Annual Latin America Conference MARCH, 2006 www.telemar.com.br/ir Telemar at a Glance December / 05 A leading telecommunication services provider in Brazil, offering a full range

More information

December/2003. Corporate Presentation

December/2003. Corporate Presentation December/2003 Corporate Presentation General Overview 1 HIGHLIGHTS Integrated Telecom Service Provider 15.1 million wirelines in service (Dec/03) Over 4.0 million wireless subscribers (Jan/04) Region I

More information

Investors Presentation

Investors Presentation Investors Presentation Sale of Brasilcel and strategic partnership with Oi 28 July 2010 Portugal Telecom July, 2010 0 Important notice This release contains forward-looking statements within the meaning

More information

Investor Relations CONFERENCE CALL 1Q13. April 2013

Investor Relations CONFERENCE CALL 1Q13. April 2013 Investor Relations CONFERENCE CALL April 2013 1Q13 Strategy RESIDENTIAL PERSONAL MOBILITY BUSINESS/ CORPORATE Bundled solutions with expansion in Broadband and Pay TV Growth in the postpaid segment and

More information

Telecom Italia Group CARLO BUORA. Executive Deputy Chairman

Telecom Italia Group CARLO BUORA. Executive Deputy Chairman Telecom Italia Group CARLO BUORA Executive Deputy Chairman Safe Harbour This presentation contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation

More information

Brazil Telecom Macro Environment Huawei Global and Huawei in Brazil

Brazil Telecom Macro Environment Huawei Global and Huawei in Brazil Brazil Telecom Market Presentation Huawei do Brazil Brazil Telecom Macro Environment Huawei Global and Huawei in Brazil Telecom Industry Structure MOC Broadcast Radio Anatel Mobile Operator Fixed Operator

More information

Orange Spain: the alternative

Orange 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 information

S E P T E M B E R 2 0 0 6. Welcome to Our World. The Global VoIP Company NASDAQ: IBAS 12/05

S E P T E M B E R 2 0 0 6. Welcome to Our World. The Global VoIP Company NASDAQ: IBAS 12/05 S E P T E M B E R 2 0 0 6 Welcome to Our World The Global VoIP Company NASDAQ: IBAS 12/05 Safe Harbor Statement Except for historical information, all of the expectations, plans and assumptions contained

More information

TELE NORTE LESTE PARTICIPAÇÕES S.A.

TELE NORTE LESTE PARTICIPAÇÕES S.A. As filed with the Securities and Exchange Commission on June 24, 2004 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE

More information

Key Performance Indicators

Key Performance Indicators Vodafone Performance Key Performance Indicators The Board and the Executive Committee monitor Group and regional performance against budgets and forecasts using financial and non-financial metrics. In

More information

TELE NORTE LESTE PARTICIPAÇÕES S.A.

TELE NORTE LESTE PARTICIPAÇÕES S.A. As filed with the Securities and Exchange Commission on May 4, 2011 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR

More information

Morgan Stanley Leveraged Finance Conference

Morgan Stanley Leveraged Finance Conference Morgan Stanley Leveraged Finance Conference June 12, 2014 2014 Level 3 Communications, LLC. All Rights Reserved Cautionary Statement & Pro Forma Adjustment Some statements made in this presentation are

More information

Second Investor Conference March, 2002, Seville. Eduardo Caride Executive Chairman of Telefónica International Wholesale Services

Second Investor Conference March, 2002, Seville. Eduardo Caride Executive Chairman of Telefónica International Wholesale Services Second Investor Conference March, 2002, Seville Eduardo Caride Executive Chairman of Telefónica International Wholesale Services Telefónica International Wholesale Services Generating value by leveraging

More information

Confident progress delivering transformation

Confident progress delivering transformation Confident progress delivering transformation Q2 & half year results 2005/6 10th November 2005 BT Group plc Half year results 2005/6 Sir Christopher Bland -Chairman Forward-looking statements - caution

More information

Cantv Overview. Presentation to the Investor Community. February, 2006

Cantv Overview. Presentation to the Investor Community. February, 2006 Cantv Overview Presentation to the Investor Community February, 2006 1 Compañía Anónima Nacional Teléfonos de Venezuela (CANTV) The leading telecommunications services provider in Venezuela and the country

More information

How to improve the Banco Santander Brasil business model by analyzing opportunities of Cross Sell

How to improve the Banco Santander Brasil business model by analyzing opportunities of Cross Sell Case Study - 2012 How to improve the Banco Santander Brasil business model by analyzing opportunities of Cross Sell Is it possible to increase client relationship efficiency and revenue by collect, analyze

More information

Creating a Leading Digital Telco in Germany

Creating a Leading Digital Telco in Germany Creating a Leading Digital Telco in 23 July 2013 Disclaimer This document contains statements that constitute forward looking statements about Group (going forward, the Company or ) including financial

More information

Telecom Argentina Plan 2011-13 FRANCO BERTONE

Telecom 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 information

TeliaSonera Interim Report January September 2015

TeliaSonera Interim Report January September 2015 January September January September Solid core business THIRD QUARTER SUMMARY Net sales increased 6.3 percent to SEK 27,029 million (25,417). Net sales in local currencies, excluding acquisitions and disposals,

More information

Managing mature markets

Managing 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 information

Year-end Report January-December 2015

Year-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 information

Energies and Utilities - A Guide to Argentina's Fundamentals

Energies and Utilities - A Guide to Argentina's Fundamentals Second Quarter 2013 Earnings Release Conference e Call Presentation Disclaimer This presentation is based on audited financial statements and may include statements that could constitute forward-looking

More information

ANNUAL RESULTS 2013 February 13, 2014. Résultats annuels 2013

ANNUAL RESULTS 2013 February 13, 2014. Résultats annuels 2013 ANNUAL RESULTS 2013 February 13, 2014 1 Résultats annuels 2013 Highlights Continued GROWTH IN CUSTOMER BASE STEADY GROWTH in international activities STABILIZED MARGINS ranking among the sector s highest

More information

AT&T to Acquire DIRECTV May 19, 2014

AT&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 information

1 MESSAGE FROM MANAGEMENT

1 MESSAGE FROM MANAGEMENT annual report 2009 1 MESSAGE FROM MANAGEMENT The year 2009 was emblematic and extremely challenging for Oi. Following the acquisition of Brasil Telecom at the start of January, we ended the year with both

More information

MAGYAR TELEKOM GROUP Q1 2014 RESULTS PRESENTATION MAY 8, 2014

MAGYAR TELEKOM GROUP Q1 2014 RESULTS PRESENTATION MAY 8, 2014 MAGYAR TELEKOM GROUP Q1 214 RESULTS PRESENTATION MAY 8, 214 Q1 214 HIGHLIGHTS REVENUE Revenues decreased by 3.% to HUF 151.9 billion Lower fixed and mobile voice revenues, coupled with lower revenues from

More information

TECHNOLOGY. The Future of Consumer VoIP. Leveraging Internet advances for profitable consumer voice services. Report Price Publication date

TECHNOLOGY. The Future of Consumer VoIP. Leveraging Internet advances for profitable consumer voice services. Report Price Publication date For a clearer market perspective The Future of Consumer VoIP Leveraging Internet advances for profitable consumer voice services Report Price Publication date 1495/ 2160/$2875 June 2010 TECHNOLOGY About

More information

Numericable Group Company presentation

Numericable 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 information

J.P. Morgan High Yield & Leveraged Finance Conference. Sunit Patel, CFO

J.P. Morgan High Yield & Leveraged Finance Conference. Sunit Patel, CFO J.P. Morgan High Yield & Leveraged Finance Conference Sunit Patel, CFO February 28, 2011 Safe Harbor Statement Some of the statements made in this presentation are forward looking in nature. These statements

More information

Aastra Technologies Limited First Quarter ended March 31, 2003

Aastra Technologies Limited First Quarter ended March 31, 2003 Aastra Technologies Limited First Quarter ended March 31, 2003 AASTRA TECHNOLOGIES LIMITED MESSAGE TO OUR SHAREHOLDERS First Quarter ended March 31, 2003 To our Shareholders: Aastra Technologies Limited

More information

. ABOUT AS http://www.italtel.com/aboutus_home.html

. ABOUT AS http://www.italtel.com/aboutus_home.html . ABOUT AS http://www.italtel.com/aboutus_home.html COMPANY PROFILE THE MISSION The mission of the Italtel Group is to be a key partner for telecommunication operators (fixed and mobile), Internet Service

More information

Forward-Looking Statements

Forward-Looking Statements MANAGEMENT S DISCUSSION AND ANALYSIS For the three months ended March 31, 2010 Dated May 21, 2010 Management's Discussion and Analysis ( MD&A ) is intended to help shareholders, analysts and other readers

More information

Etisalat Group. Q4 2014 Results Presentation

Etisalat 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 information

Cable & Telecom Operators & MVNOs. Analysis Document

Cable & Telecom Operators & MVNOs. Analysis Document Cable & Telecom Operators & MVNOs Analysis Document May you require further info, please contact: Pedro Ruiz-Blanco(+34629369404,pedro.blanco@nereoconsulting.com) Sao Paulo, November, 2010 This document

More information

Telecom Italia European Broadband Project

Telecom Italia European Broadband Project Telecom Italia European Broadband Project STEFANO MAZZITELLI TLCne-051027-P1 Safe Harbour This presentation contains statements that constitute forward-looking statements within the meaning of the Private

More information

How To Make A Profit From Telecolumna.Com

How 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 information

Etisalat Group. Aspire Forward. Q1 2014 Results Presentation 28 April 2014

Etisalat 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 information

Si2i AGM Key updates. 15 April 2014

Si2i AGM Key updates. 15 April 2014 Si2i AGM Key updates 15 April 2014 Disclaimer (Forward Looking Statements) This presentation and the discussion that follows may contain forward looking statements by Si2i Ltd ( Si2i ) that are not historical

More information

Morgan Stanley Conference. November 20 th, 2008

Morgan 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 information

Telefónica O2 Czech Republic 2010 First Half Financial Results

Telefónica O2 Czech Republic 2010 First Half Financial Results Telefónica O2 Czech Republic 2010 First Half Financial Results July 28, 2010 Telefónica O2 Czech Republic, a.s. announces its unaudited financial results for the first half of 2010. These results are consolidated

More information

Orange Polska reports strong commercial performance in mobile post-paid and satisfactory financial results in 2Q 2015 2Q 2015 highlights:

Orange Polska reports strong commercial performance in mobile post-paid and satisfactory financial results in 2Q 2015 2Q 2015 highlights: Current Report (38/) Orange Polska S.A., Warsaw, Poland July 27, Pursuant to art. 56, clause 1, item 1 of the Law of July 29, 2005 on public offering and the conditions for introducing financial instruments

More information

TRANSITIONING PCCW David Prince, Group CFO. CLSA Investors Forum Hong Kong - 15 May, 2001

TRANSITIONING PCCW David Prince, Group CFO. CLSA Investors Forum Hong Kong - 15 May, 2001 TRANSITIONING PCCW David Prince, Group CFO CLSA Investors Forum Hong Kong - 15 May, 2001 FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements that involve risks and uncertainties.

More information

Telenor Group Third Quarter 2015. Sigve Brekke, CEO

Telenor 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 information

France Telecom Orange investor day conquests 2015

France 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 information

STRATEGIC FOCUS ON THE CUSTOMER EXPERIENCE. ATTILA KESZÉG Chief Commercial Officer Residential

STRATEGIC FOCUS ON THE CUSTOMER EXPERIENCE. ATTILA KESZÉG Chief Commercial Officer Residential STRATEGIC FOCUS ON THE CUSTOMER ATTILA KESZÉG Chief Commercial Officer Residential CUSTOMER ENHANCED THROUGH BUNDLING SERVICES BUNDLING SERVICES CORE NEAR CORE BEYOND CORE Retention Multiplay Digital push

More information

Earnings Conference Call Fiscal 3Q14

Earnings Conference Call Fiscal 3Q14 Earnings Conference Call Fiscal 3Q14 February 5, 2015 Cautionary Statement This release includes forward-looking statements within the meaning of the securities laws. The words may, could, should, estimate,

More information

Telefónica Latam: The key growth lever of Telefónica

Telefónica Latam: The key growth lever of Telefónica Telefónica Latam: The key growth lever of Telefónica José María Álvarez-Pallete General Manager Telefónica Latinoamérica New York and Boston, September 30 th October 1 st, 2008 1 Disclaimer This document

More information

The Future of Mobile Networks

The Future of Mobile Networks The Future of Mobile Networks by Ernesto Piedras CEO November 2009 San Diego, CA Opportunities and Challenges Value-Added Services (VAS) Supply Low ARPUs and diminishing Increase in mobile penetration

More information

UK : implementing Convergence

UK : implementing Convergence UK : implementing Convergence Bernard Ghillebaert Executive VP, Orange UK agenda 1 2 3 market background our strategy in mobile and broadband summary and outlook 2 the UK telecoms market : one of the most

More information

Second Quarter 2007 Results. July 31, 2007

Second Quarter 2007 Results. July 31, 2007 Second Quarter 2007 Results July 31, 2007 Safe Harbor For Forward Looking Statements Except for historical information, all other information in this presentation consists of forward-looking statements

More information

2014 CONSOLIDATED RESULTS

2014 CONSOLIDATED RESULTS PRESS RELEASE Rabat, February 23, 2015 2014 CONSOLIDATED RESULTS Highlights: - Increase in the Group consolidated revenues (+2.1% at constant exchange rates over 2014) ; - Continued growth in customer

More information

SONAE JPM 2009 RETAIL CONFERENCE. June 2009

SONAE JPM 2009 RETAIL CONFERENCE. June 2009 SONAE JPM 2009 RETAIL CONFERENCE June 2009 1 INDEX Sonae Profile Business Portfolio Latest Corporate Developments 1Q09 Results 2 SONAE AT A GLANCE 2008 TURNOVER: 5.4 BILLION EUROS 2008 EBITDA: 617 MILLION

More information

ABG Sundal Collier. Profitability in the telecom industry. Analyst(s) Presentation, Teleforum 2015, 8 January. Investment Research

ABG 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 information

FIRST QUARTER 2012 RESULTS PRESENTATION

FIRST QUARTER 2012 RESULTS PRESENTATION FIRST QUARTER 202 RESULTS PRESENTATION 5 May 202 This presentation contains projections and forecasts. They express objectives based on the current assessments and estimates of the Group s senior management

More information

Planes Smart para Celulares 3G sin radio. Perú

Planes Smart para Celulares 3G sin radio. Perú Planes Smart para Celulares 3G sin radio Perú In December 2013, the Company paid an interim dividend of Ch$ 150.0 per share, over profits as of September 30, 2013, totaling Ch$ 35.5 billion. On January

More information

3Q 2015 Operating Results

3Q 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 information

BCE Acquisition of MTS Analyst Conference Call. May 2, 2016

BCE Acquisition of MTS Analyst Conference Call. May 2, 2016 BCE Acquisition of MTS Analyst Conference Call May 2, 2016 Safe harbour notice Certain statements made in this presentation are forward-looking statements. These statements include, without limitation,

More information

eaccess Limited 9427

eaccess Limited 9427 eaccess Limited 9427 9427 3Q Results for FY3/2008 4/2007 12/2007 February 7 th, 2008 2 I. FY3/2008 3Q Results Highlight Page 3 II. III. Financial Overview Operational Overview Network Business Page 5 Page

More information

DEUTSCHE TELEKOM Q2/15 Results

DEUTSCHE 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 information

AT&T Investor Update. July 23, 2014

AT&T Investor Update. July 23, 2014 AT&T Investor Update July 23, 2014 1 Cautionary Language Concerning Forward-Looking Statements Information set forth in this communication, including financial estimates and statements as to the expected

More information

Orange financial results

Orange 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 information

Kabel Deutschland Financial Statements For 2009-2010

Kabel Deutschland Financial Statements For 2009-2010 INVESTOR RELATIONS RELEASE Kabel Deutschland continues to post strong growth Unterfoehring, November 17, 2009 Kabel Deutschland (KDG), Germany s largest cable operator, announced today its financial results

More information

Investor conferences Asia, United Kingdom and United States September and October 2015

Investor conferences Asia, United Kingdom and United States September and October 2015 MARKET ANNOUNCEMENT Computershare Limited ABN 71 005 485 825 Yarra Falls, 452 Johnston Street Abbotsford Victoria 3067 Australia PO Box 103 Abbotsford Victoria 3067 Australia Telephone 61 3 9415 5000 Facsimile

More information

David Prince, Group CFO. Salomon Smith Barney Global Telecom Media Technology Conference

David Prince, Group CFO. Salomon Smith Barney Global Telecom Media Technology Conference David Prince, Group CFO Salomon Smith Barney Global Telecom Media Technology Conference Hong Kong - 19 June, 2001 1 FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements that

More information

Disclaimer. Telenor First Quarter 2010

Disclaimer. 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 information

2010 Earnings Release. March 31, 2011

2010 Earnings Release. March 31, 2011 2010 Earnings Release March 31, 2011 Speakers Carlos Alberto Trindade Filho CEO Bruno Padilha de Lima Costa CFO and IRO Disclaimer This presentation does not constitute an offer, or invitation, or solicitation

More information

Telenor Group Fourth Quarter 2015. Sigve Brekke, CEO

Telenor 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 information

Successful Strategy Business Portfolio Ensures Results. Mr. Fernando Henrique Schüffner Neto Chief Officer for Business Development

Successful Strategy Business Portfolio Ensures Results. Mr. Fernando Henrique Schüffner Neto Chief Officer for Business Development Successful Strategy Business Portfolio Ensures Results Mr. Fernando Henrique Schüffner Neto Chief Officer for Business Development 1 Disclaimer Some statements and estimates in this material may represent

More information

enterprise: leverage IP convergence

enterprise: leverage IP convergence enterprise: leverage IP convergence Barbara Dalibard senior executive VP, Orange Business IP convergence tends to blur frontiers voice WAN/ data LAN security solutions for CCA* call center data center

More information

Results Presentation Jan-Sep 2014. November 25 th, 2014

Results Presentation Jan-Sep 2014. November 25 th, 2014 Results Presentation Jan-Sep 2014 November 25 th, 2014 Disclaimer This document has been prepared by Grupo Isolux Corsán, S.A.; therefore no part of it may be published, disclosed or distributed in any

More information

1H 2008 Results & Strategy Presentation. August 28 th, 2008

1H 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 information

Acquisition of North Pittsburgh Systems, Inc. July 2, 2007

Acquisition of North Pittsburgh Systems, Inc. July 2, 2007 Acquisition of North Pittsburgh Systems, Inc. July 2, 2007 1 Safe Harbor Any statements other than statements of historical fact, including statements about management s beliefs and expectations, are forward-looking

More information

T le Co C l o um u bu b s u acqu q i u res pe p pc p om

T 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 information

TD Securities Telecom & Media Forum

TD 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 information

HECHO RELEVANTE. Se acompaña presentación de la operación propuesta.

HECHO RELEVANTE. Se acompaña presentación de la operación propuesta. RAMIRO SÁNCHEZ DE LERÍN GARCÍA-OVIES Secretario General y del Consejo de Administración, S.A., S.A. de conformidad con lo establecido en el artículo 82 de la Ley del Mercado de Valores, procede por medio

More information

SFR Investor Presentation

SFR Investor Presentation SFR Investor Presentation March, 2010 1 AGENDA 1 Integrated fixed/mobile operator with strong assets 2 Growth opportunities 3 2009 performance overview 2 AGENDA 1 Integrated fixed/mobile operator with

More information

CHT 2009 Results Conference Call Script March 30, 2010 at 6:00 P.M. (Taipei)

CHT 2009 Results Conference Call Script March 30, 2010 at 6:00 P.M. (Taipei) CHT 2009 Results Conference Call Script March 30, 2010 at 6:00 P.M. (Taipei) Fufu Shen, IR Director: Thank You. This is Fufu Shen, Investor Relations Director of Chunghwa. Welcome to our fourth quarter

More information

Acquisition of Two Cable Operators in Bulgaria. Vienna, September 15, 2010

Acquisition 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 information

Mobile in-market consolidation in Western Europe: impact of recent mergers on margins and market share

Mobile in-market consolidation in Western Europe: impact of recent mergers on margins and market share About Analysys Mason 1 Mobile in-market consolidation in Western Europe: impact of recent mergers on margins and market share August 2013 Pablo Iacopino Executive summary Mobile in-market consolidation

More information

Fourth Quarter and Annual Results 2014

Fourth Quarter and Annual Results 2014 Fourth Quarter and Annual Results 2014 KPN ends transformational year 2014 with another quarter of good progress. Strong customer base growth in The Netherlands in Q4 2014 Good uptake Consumer fixed-mobile

More information

2007 Results & Strategy Presentation. March 12 th, 2008

2007 Results & Strategy Presentation. March 12 th, 2008 2007 Results & Strategy Presentation March 12 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

More information

The Future of Consumer VoIP: Leveraging Internet Advances for Profitable Consumer Voice Services

The Future of Consumer VoIP: Leveraging Internet Advances for Profitable Consumer Voice Services Brochure More information from http://www.researchandmarkets.com/reports/1287934/ The Future of Consumer VoIP: Leveraging Internet Advances for Profitable Consumer Voice Services Description: "It is important

More information

O2 Czech Republic January to September 2014 Financial Results

O2 Czech Republic January to September 2014 Financial Results Interim report O2 Czech Republic January to September 2014 Financial Results November 12, 2014 O2 Czech Republic a. s. announces its unaudited financial results for January to September 2014. These results

More information

Presentation of GrameenPhone

Presentation of GrameenPhone Presentation of GrameenPhone Discussions with the Management Team August 22, 2005 1 2 GP organisation Management Group Management presentation - content GP Organisation Telecom industry GP history and

More information

Q1 2010 Results Analyst Presentation Henk van Dalen, CFO 3 May 2010

Q1 2010 Results Analyst Presentation Henk van Dalen, CFO 3 May 2010 Q1 2010 Results Analyst Presentation Henk van Dalen, CFO 3 May 2010 Overall trading conditions continue to improve GROUP Operating income 251 million ( 163 million in Q1 20); quarter benefited from four

More information

4 th Quarter & Full Year 2014 Earnings Conference Call. March 12, 2015

4 th Quarter & Full Year 2014 Earnings Conference Call. March 12, 2015 4 th Quarter & Full Year 2014 Earnings Conference Call March 12, 2015 Agenda Company Overview Operational & Financial Review Eric Yeaman President & CEO Robert Reich SVP & CFO Q & A 2 Presented Information

More information

TELE2 OFFERS SEK 75 PER SHARE FOR SONG NETWORKS

TELE2 OFFERS SEK 75 PER SHARE FOR SONG NETWORKS FOR IMMEDIATE RELEASE September 22, 2004 TELE2 OFFERS SEK 75 PER SHARE FOR SONG NETWORKS Tele2 AB ( Tele2 ), the leading alternative pan-european telecommunications company, today announced a cash offer

More information

VOIP CONSUMER RETAIL OFFERS

VOIP CONSUMER RETAIL OFFERS VOIP CONSUMER RETAIL OFFERS VoIP (Voice over Internet Protocol) experienced a first period of hype during the late 1990s but available bandwidth and speech quality were such that faith in VoIP was quickly

More information

From Triple-play to Quadplay

From Triple-play to Quadplay R E S E A R C H E X C E R P T From Triple-play to Quadplay Strategies, Business Models, and Best Practices 2007 Pyramid Research, While every effort has been taken to verify the accuracy of this information,

More information

SulAmérica. UBS Global Healthcare Services Conference February 11-13, 2008 New York

SulAmérica. UBS Global Healthcare Services Conference February 11-13, 2008 New York SulAmérica UBS Global Healthcare Services Conference February 11-13, 2008 New York Disclaimer The material that follows is a presentation of general background information about Sul América S.A. ( SulAmérica

More information

Magda Salarich Head of Santander Consumer Finance

Magda Salarich Head of Santander Consumer Finance Magda Salarich Head of Santander Consumer Finance Santander Consumer Finance S.A. ( Santander Consumer Finance ) and Banco Santander, S.A. ("Santander") both caution that this presentation contains forward-looking

More information

Reed Elsevier Results 2013 Erik Engstrom, CEO Duncan Palmer, CFO

Reed Elsevier Results 2013 Erik Engstrom, CEO Duncan Palmer, CFO Reed Elsevier Results Erik Engstrom, CEO Duncan Palmer, CFO FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the US Securities Act of

More information

Sunrise Communications Holdings S.A. Financial results Second quarter 2014

Sunrise 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 information

Disclaimer. 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. 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 information

Bank of America Merrill Lynch Leveraged Finance Conference. Robin Grey SVP, Treasurer. December 1, 2011

Bank of America Merrill Lynch Leveraged Finance Conference. Robin Grey SVP, Treasurer. December 1, 2011 Bank of America Merrill Lynch Leveraged Finance Conference Robin Grey SVP, Treasurer December 1, 2011 Safe Harbor Statement Some of the statements made in this presentation are forward looking in nature.

More information

AT&T Investor Update. 2Q12 Earnings Conference Call July 24, 2012

AT&T Investor Update. 2Q12 Earnings Conference Call July 24, 2012 AT&T Investor Update Earnings Conference Call July 24, 2012 2012 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

More information

Vodafone Group plc - A Guide for Investors

Vodafone Group plc - A Guide for Investors Vodafone Group Plc Bringing Supermobile to life Vittorio Colao 20 September 2011 1 Disclaimer Information in the following presentation relating to the price at which relevant investments have been bought

More information

How To Profit From Telcom Americanos Mestreca (Telcom Americans)

How To Profit From Telcom Americanos Mestreca (Telcom Americans) Carlos García-Moreno Chief Financial Officer cgarciam@mail.telcel.com Investor Relations Office Leonel Ch. Schofecker leoschca@mail.telcel.com Highlights 8.9 million total subs in Q0 Revenues of 13.0 bn

More information

PT informs on Oi s announcement

PT informs on Oi s announcement Announcement Lisbon 21 November 2013 PT informs on Oi s announcement Portugal Telecom SGPS, S.A. ( PT ) informs, at the request of Comissão do Mercado de Valores Mobiliários ( CMVM ), that Oi s announcement

More information