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Morocco’s subscriber base will increase from 23million to 26million from 2008 - 2010 (Morocco)

  • August 20th, 2008
  • 1:54 pm

Morocco’s telecoms sector is showing healthy progress, with mobile penetration rates growing. Nevertheless, it has been said the market remains far from developed and prices may need to be lowered, and the competitive environment improved, before the country can establish a customer base with maximum profitability.
 
MT reported a net income of around Dh8m ($1m) for 2007, up 18.7% compared to 2006. The strong growth was due largely to its mobile phone operations and better cost management. It also announced its expectation for profit growth of over 9% in 2008 with an estimated sales growth.

One of the most significant events has been the introduction of North Africa’s first 3G mobile phone licences. Wana heightened the level of competition in the mobile segment in March 2007, when it introduced North Africa’s first 3G+ service, also known as 3.5G, beating both Meditel and MT to market by nine months.

Notable highlights of the 3Q08 Morocco Mobile Forecast include:

  • Total subscribers in Morocco will increase from 23million to 26million over the forecast period of 2008 - 2010. The wireless penetration level will increase from 73.9% to 83%
  • In 2010, we expect that Maroc Telecom, Medi Tel and Wana will serve 65.4%, 32% and 2.8% of the subscriber base in Morocco. With Wana expanding the size of its operation, the leading player, Maroc Telecom, will be losing its market share slightly. Maroc Telecom’s market share will decrease from up to 66.2% in 2008 to 65.4% in 2010
  • During the forecast period from 2008 to 2010, we think that Maroc Telecom’s share of net additions will fall from 64.6% to 51% while that of Wana increases from 5.4% to 20.7%
  • Maroc Telecom will continue to enjoy a high EBITDA margin at 61.6% while MediTel is forecasted to have a 45% EBITDA margin in 2010
  • In 2010, Maroc Telecom is forecasted to register ARPU of US$ 13.4/month as opposed to US$ 7.9 for Medi Tel

   

TDC reports drop in 1H revenues (Denmark)

  • August 18th, 2008
  • 7:17 am

TDC, Danish Telco posted a 1.3% drop in first half revenues to $3.87 billion in compare to the same period last year. This decline is due to the lower revenue from traditional landline telephony, divestment of its International Voice Business and lower roaming prices. This was partially balance by a rising wireless and broadband customer base and the divestment of its Baltic subsidiary Bite. EBITA for the six months ended 30 June 2008 augmented by 2.2% to DKK6.29 billion, allowing the EBITDA margin to rise from 31.2% to 32.3%. Net income dipped from DKK2.88 billion in 1H 2007 to DKK1.48 billion. The decrease related mainly to the one-off gain from the sale of Bite in 1H 2007. At the end of June 2008, TDC’s total customer base stood at 11.6 million. Domestic Customer base dipped by 0.9% to 7.8 million, this is due to fewer landline and dial-up internet customers.

Dialog Telekom subscriber base grew by 31% in H1 (Sri Lanka)

  • August 18th, 2008
  • 6:45 am

Dialog Telekom, Sri Lanka, posted it’s subscriber base growth which grew by 31% to reach 4.8 million subscribers at the end of June 2008.
In the H1, consolidated group revenue rose by 13% year-on-year to LKR18.27 billion (USD179 million), with growth restricted by tariff reductions and other affordability strategies implemented in late 2007.
EBITDA, in H1, represented a decline of 26% compared to the LKR7.24 billion.
H1 net income was impacted even harder by the rising costs, falling 66% year-on-year to LKR1.64 billion.

   

Hutchison CAT halves it’s subscriber base target (Thailand)

  • August 11th, 2008
  • 10:33 am

Hutchison CAT Wireless Multimedia, Thailand, has brought down its subscriber growth target to half due to economic slowdown.
The Thai mobile operator now expects its subscriber base to grow around 10% from the current 1.2 million, states vice president of strategic planning Phanop Kasemsarn.

   

DTAC’s profits rise by 193% (Thailand)

  • July 24th, 2008
  • 9:51 am

DTAC, Thailand’s second largest cellco by subscribers, has reported that its second-quarter net profits rose by 193% year-on-year to USD117 million (THB3.9 billion), up from THB1.33 billion a year earlier, and THB2.35 billion in the previous quarter.
The GSM operator, controlled by Norway’s Telenor, also reported a 45% year-on-year rise in second-quarter EBITDA, and a 181% increase in EBIT. Capital expenditure was down by 4% y-o-y in the quarter, which DTAC ended with 17.433 million subscribers, up from 16.656 million at the end of March 2008 and 14.476 million at mid-2007.