Financial data prepared under IFRS
|
|
- Jerome Hopkins
- 5 years ago
- Views:
Transcription
1 First Quarter of Fiscal Year 2012 Earnings Results Conference Call Presentation Financial data prepared under IFRS
2 Disclaimer This presentation is based on audited financial statements and may include statements that could constitute forward-looking statements, including, but not limited to, the Company s expectations for its future performance, revenues, income, earnings per share, capital expenditures, dividends, liquidity and capital structure; the impact of the emergency laws enacted by the Argentine government; and the impact of rate changes and competition on the Company s future financial performance. Forward-looking statements may be identified by words such as believes, expects, anticipates, projects, intends, should, seeks, estimates, future or other similar expressions. Forward-looking statements involve risks and uncertainties that could significantly affect the Company s expected results. The risks and uncertainties include, but are not limited to, uncertainties concerning the impact of the emergency laws enacted by the Argentine government which have resulted in the repeal of Argentina s convertibility law, the devaluation of the peso, restrictions on the ability to exchange pesos into foreign currencies, the adoption of a restrictive currency transfer policy, the pesification of tariffs charged for public services, the elimination of indexes to adjust rates charged for public services and the executive branch announcement to renegotiate the terms of the concessions granted to public service providers, including Telecom. Due to extensive and rapid changes in laws and economic and business conditions in Argentina, it is difficult to predict the impact of these changes on the Company s financial condition. Other factors may include, but are not limited to, the evolution of the economy in Argentina, growing inflationary pressure and reduction in consumer spending and the outcome of certain legal proceedings. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as the date of this document. The Company undertakes no obligation to release publicly the results of any revisions to forward-looking statements which may be made to reflect events and circumstances after the date of this presentation, including, without limitation, changes in the Company s business or to reflect the occurrence of unanticipated events. Information included in this presentation is unaudited and may not coincide with that included in the financial statements of the Company, due to rounding, reclassification matters, and other reasons. Readers are encouraged to consult the Company s Annual Report and Form 20-F as well as periodic filings made on Form 6-K, which are filed with or furnished to the United States Securities and Exchange Commission and the Argentine Comisión Nacional de Valores. 1
3 Agenda Market Overview Business Highlights Financials Q&A Session 2
4 Market Overview: Consumption maintains its impetus Billions USD, at current prices Last 12 months YoY - constant prices 0,9% 307 Real GDP* 9,2% 8,9% 368 4,3% Consumption Billions USD, at current prices Last 12 months YoY - constant prices 0,5% 9,0% ,7% 4,9% ,9 Trade & Fiscal Balance Trade Balance (Billions USD) Last 12 months Fiscal Balance as % of GDP Last 12 months* 1,5% 1,7% 0,3% 0,1% 11,6 10,0 11, Q12e International context has shown improvements as recovery in the United States gains traction and dangers from Europe recede, although risks remain high. After a turbulent 4Q11, the measures taken by the authorities seems to take effect, interest rates slumped and capital outflow eased, although industrial production decelerated. Improved climate increased agricultural production with higher commodities prices, giving support to macro stabilization. Source: MECON, INDEC and Company Estimates Official GDP YoY variation, constant prices. Fiscal Balance represents primarily fiscal surplus Measures in the FX market taken in the 4Q11 and an accommodative monetary policy, end maintaining real interest rates low, fostering private consumption. Inflation remains high while wages negotiation started in different sectors at lower levels from previous year. Construction sector has decelerated significantly from last year, although it still showing positive growth. Fiscal front continued to deteriorate, expenses rose 39% YoY in 1Q12, while revenues increased 35%. Higher social expenses, were partially offsets by decelerating transfers to the private sector. Imports experimented its first decrease in almost 2 years, while exports were sustained due to high commodities prices. Capital outflows reduced significantly and the exchange rate remained stable. 3
5 Agenda Market Overview Business Highlights Financials Q&A Session 4
6 Business Highlights MOBILE Strong top of mind strengthens market position VAS +44% YoY; 52% of services revenues FIXED Internet revenues up 31% YoY in 1Q12 Bundling voice with fixed/wireless broadband NGN & FTTC deployments in key locations position TEO as first mover in these technologies FINANCIALS As from FY12 Financial Statements are prepared under IFRS Strong commercial activities & energy costs affected margins P$ 0,82 per share dividend will be made starting on May 10,
7 Mobile: Leadership in net adds with a view to MNP TEO vs. market growth Million of lines #1 in Revenue Share #1 Postpaid net adds 50,9 +7% 54,5 51,4 +7% 55,2 MNP Promotions: Focus on customer life extension Others 34,6 +5% 36,3 34,5 +6% 36,7 Focus on packages to enhance customer satisfaction ARPU up +16% YoY in 1Q12 Sustained Smartphone leadership TEO 16,3 18,2 +10% +11% 16,9 18,5 Mobile KPI National Market share e 32,1% 33,4% +1,6 M subs. 32,9% 33,6% ARPU (ARS/Month) TOU (SMS/Month) 44,4 +16% +8% 51,4 47,4 +16% -7% 54,9 Note: Argentinean operation only does not include trunking subscribers Source: Market estimates of the main providers in the industry for total subscribers. +70 pts MOU (Mins/Month) % 288-3%
8 Mobile: Value Added Service Retail & Wholesale Voice Data (SMS) Internet Services VAS as % of Service Revenues Service Revenue Breakdown Million ARS Argentine Market % +12% % % +50% Agent Commission +38% % % % 48% 46% 52% SAC & SRC as % of Service Revenues Before capitalization of SAC & SRC Advertising Handset subsidies Mobile Internet Services revenues +80% YoY 15,3% 3,5% 4,2% 7,6% 1Q11 Change In Agent commissions with focus in quality acquisitions and customer retention Handset upgrades increases to yield base, stimulate usage and facilitate upselling 16,4% 3,6% 3,8% 9,0% 1Q12 Note: Argentinean operation only 7
9 Paraguay Mobile Market: 3G services driving expansion Mobile lines Thousand of lines (includes 3G modems) Successful adoption of Personal Brand restyling % % Increasing EBITDA margins thanks to high VAS revenue growth Outstanding postpaid growth; backed on Mobile internet services Elimination of unlimited SMS & Voice promotions reduced MOU and TOU REVENUES OPBDA IFRS Million of ARS % +67% 714 Financials % % Margin 34% 37% 32% 37% Churn levels at 1,8% down from 2,9% at 1Q11 ARPU (GUA/Month) In thousands TOU (SMS/Month) MOU (Mins/Month) 23, % +15% +13% 27,1 KPI 25,4 +8% -10% % ,5 8
10 Mobile Revenues: Data & Internet, key drivers of growth Evolution of revenues 1Q11 1Q12 IFRS, Million of ARS, Percentage +822 (+29%) YoY Variation +80% +18% +3% +38% +34% +34% 1Q11 Revenues Retail Voice Wholesale* Voice Data Internet Equipment Nucleo* (Paraguay) 1Q12 Revenues % of total Mobile Revenues 29% 11% 36% 7% 11% 6% Note: Wholesale voice shows Interconnection revenues (CPP, TRLD, Roaming and others ) Núcleo revenues expressed in Argentine pesos, includes equipment. 9
11 Broadband: Sustained revenue and customer expansion Evolution of Accesses Thousand of broadband accesses Bundling and new products contributes to control churn Others % +14% % +14% Arnet Play video streaming supports customer retention Arnet Turbo increases bandwidth and improves customer experience 10Mb residential targeted offer ARPU up +16% YoY TEO +12% +11% e ARPU (2) & Churn Evolution +16% National Market share 1 35% 35% 35% 35% 82,2 86,0 88,2 91,1 95,6 Monthly Churn 1,2% 1,2% 1,2% 1,1% 1,3% ARPU (ARS) 1 Source: Market estimates of the main providers in the industry. 2 It must be noted that the calculation method of ARPUs of 2011 was adjusted in order to exclude from the subscriber base the dongles of customers that already had fixed broadband access. 1Q11 2Q11 2Q11 4Q11 1Q12 10
12 Fixed voice: Commercial offers based on simplicity Evolution of Lines in Service Thousand of lines in service +0,8% +0,7% Simple offer proposition: Pricing & bundling: Unlimited local minutes calls per month - no time limits ADSL + Video Streaming + 3G services ARBU up 7% YoY in 1Q12 thanks to flat pricing and value added services Sustained low churn levels (0,5%) ARBU evolution (excluding broadband and data) ARS +7% National Market share 1 47% 47% 47% 47%* 43,7 45,7 46,6 46,9 46,9 1 Source: Company reports of the main providers in the industry. * FY 11 refers to 4Q11 market share. ARBU: Includes only concepts billed to clients 1Q11 2Q11 3Q11 4Q11 1Q12 11
13 Fixed Services: BB + ICT continue to accelerate growth Evolution of revenues 1Q11 1Q12 IFRS, Million of ARS, Percentage +170 (+14%) % Regulated Regulated 42% YoY Variation +8% -1% +21% +31% -36% Non Regulated 58% 61% Non Regulated Revenues 1Q11 % of total Fixed Line Revenues Retail Voice Wholesale Voice 43% 12% Data Internet Equipment Revenues 1Q12 12% 32% 1% Note: Does not include intercompany revenues. Graph not in scale 12
14 Evolution of CAPEX Million of ARS % Capex Evolution PP&E Capex Breakdown IT Others 15% 7% 24% Mobile access PP&E +25% % % % Intangible Assets +53% 36% Core & Infraestructure 1 18% Fixed access % Revenues 17% 17% 11% 13% Intangible assets mainly SAC & SRC Increase in Commercial Assets due to MNP implementation FTTC rollout to improve fixed BB bandwidth NGN & FTTC deployments in key locations position TEO as first mover in these technologies Mobile access network upgrade for capacity increase Note: 1 Core & infrastructure refers to network related capex, including quality and innovation capex. 13
15 Agenda Market Overview Business Highlights Financials Q&A Session 14
16 TEO Group: Consolidated Results Revenues IFRS, Million of ARS, Percentage IFRS, Million of ARS, OPBDA* +26% % % % Regulated Revenues 14% 12% 13% 11% OPBDA Margin 33% 33% 35% 32% *OPBDA = Operating Profit Before Depreciation & Amortization. 15
17 TEO Group: Consolidated Costs Consolidated Costs 1 as % of Revenues Operating Costs 1 1Q12 65,5% 68,0% 8,8% ITX Costs 8,0% 20,1% Marketing & Sales 20,5% 8,7% Taxes 9,0% 12,7% Labor costs 13,2% Others 2 19% 26% Marketing & Sales 30% 12% 13% Taxes ITX costs Labor Costs 15,2% Others 2 17,3% 1Q11 1Q12 Strong momentum in postpaid adds and upgrades increases SAC/SRC Higher energy and labor related costs affects margins. 1. Excluding Depreciation & Amortizations. 2. Others includes: Fees for services, fees for Call Center outsourcing, maintenance, materials and supplies, bad debt expenses.. 16
18 TEO Group: Consolidated Results IFRS, Million of ARS, Percentage Operating Profit Net Income % Non Controlling Interest % 29 +8% Attributable to Telecom (Owners of the parent) % % % O. Profit Margin 22% 21% 23% 20% 13% 14% 15% 14% 17
19 TEO Group: FCF and Net Financial Position IFRS, Million of ARS - Last 12 months Operating Free Cash Flow OPBDA Capex WK & others Net Financial Position Telecom Argentina 716 (1) Telecom Personal (2) Nucleo (Paraguay) (104) Net Financial Position 1Q11 (Cash) Operating Free Cash Flow 3 Taxes Free Cash Flow = Net Interest FX Variations Dividend Payment Net Financial Position 1Q12 (Cash) Note: (1) Includes Telecom USA (2) Includes Springville (3) OFCF: Operating Free Cash Flow before Taxes. 18
20 Agenda Market Overview Business Highlights Financials Q&A Session 19
Fourth Quarter & Fiscal Year 2012 Earnings Results. Conference Call Presentation
Fourth Quarter & Fiscal Year 2012 Earnings Results Conference Call Presentation Disclaimer This presentation is based on audited financial statements and may include statements that could constitute forward-looking
More informationConference Call Presentation
Telecom Argentina Full-Year2014 PreliminaryResults Conference Call Presentation Disclaimer This presentation may include statements that could constitute forward-looking statements, including, but not
More informationEarnings Release March 2018
TELECOM ARGENTINA Earnings Release March 2018 FY2017 This presentation may include statements that could constitute forward-looking statements, including, but not limited to, the Company s and it s management
More information*Unaudited non financial data 1
FOR IMMEDIATE RELEASE Market Cap P$ 14.9 billion May 3 th, 2012 Contacts: Pedro Insussarry Solange Barthe Dennin (54-11) 4968-3743/3752 Telecom Argentina S.A. announces consolidated first quarter results
More informationTelecom Argentina S.A. announces consolidated annual period ( FY12 ) and fourth quarter results for fiscal year 2012 ( 4Q12 )*
FOR IMMEDIATE RELEASE Contacts: Pedro Insussarry Solange Barthe Dennin (54-11) 4968-3743/3752 Market Cap P$21.7 billion February 27 th, 2013 Telecom Argentina S.A. announces consolidated annual period
More informationTelecom Argentina S.A. announces consolidated nine month period ( 9M13 ) and third quarter ( 3Q13 ) results for fiscal year 2013*
FOR IMMEDIATE RELEASE Contacts: Pedro Insussarry Solange Barthe Dennin (54-11) 4968-3743/3752 Market Cap P$34.0 billion October 30 th, 2013 Telecom Argentina S.A. announces consolidated nine month period
More informationARGENTINA. 1Q17 Earnings Release Conference Call Presentation
TELECOM ARGENTINA 1Q17 Earnings Release Conference Call Presentation Disclaimer This presentation may include statements that could constitute forward-looking statements, including, but not limited to,
More informationTELECOM ARGENTINA 3Q17 Earnings Release Conference Call Presentation
TELECOM ARGENTINA 3Q17 Earnings Release Conference Call Presentation DISCLAIMER This presentation may include statements that could constitute forward looking statements, including, but not limited to,
More informationTelecom Argentina S.A. announces consolidated annual period ( FY13 ) and fourth quarter ( 4Q13 ) results for fiscal year 2013*
FOR IMMEDIATE RELEASE Contacts: Pedro Insussarry Solange Barthe Dennin (54-11) 4968-3743/3752 Market Cap P$ 34.3 billion February 27 th, 2014 Telecom Argentina S.A. announces consolidated annual period
More informationTelecom Argentina S.A. announces consolidated preliminary results for the annual period ( FY14 ) and fourth quarter of fiscal year 2014 ( 4Q14 )*
FOR IMMEDIATE RELEASE Contacts: Pedro Insussarry Solange Barthe Dennin (54 11) 4968 3743/3752 Market Cap P$48.6 billion February 10 th, 2015 Telecom Argentina S.A. announces consolidated preliminary results
More informationTelecom Personal S.A. announces Consolidated six-month period ( 1H09 ) and second quarter results for fiscal year 2009 ( 2Q09 )*
FOR IMMEDIATE RELEASE Contacts: Pedro Insussarry Solange Barthe Dennin (54-11) 4968-3743/3752 August 6, 2009 Telecom Personal S.A. announces Consolidated six-month period ( 1H09 ) and second quarter results
More informationTelecom Argentina S.A. announces consolidated six month period ( 1H15 ) and second quarter ( 2Q15 ) results for fiscal year 2015*
FOR IMMEDIATE RELEASE Contacts: Pedro Insussarry Solange Barthe Dennin (54 11) 4968 3743/3752 Market Cap P$42.3 billion August 3 rd, 2015 Telecom Argentina S.A. announces consolidated six month period
More informationTELECOM ARGENTINA S.A.
TELECOM ARGENTINA S.A. UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2015 UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2015 AND 2014 INDEX Operating
More informationTelecom Argentina S.A. announces consolidated nine month period ( 9M17 ) and third quarter results for fiscal year 2017 ( 3Q17 )*
FOR IMMEDIATE RELEASE Contacts: Pedro Insussarry Solange Barthe Dennin (54 11) 4968 3743/3752 Market Cap P$112.7 billion November 10 th, 2017 Telecom Argentina S.A. announces consolidated nine month period
More informationTransaction overview. The combined company will have: Revenues of US$5,9 Bn EBITDA of US$1,8 Bn (EBITDA Capex) of US$0,4 Bn
0 Disclaimer This presentation may include statements that could constitute forward-looking statements, including, but not limited to Telecom Argentina s (the Company ) and it s management expectations
More informationTELECOM ITALIA GROUP. Full Year 2009 Preliminary Results Milan, February 25 th, Telecom Italia Group FRANCO BERNABE
Full Year 2009 Preliminary Results Milan, February 25 th, 2010 Telecom Italia Group Full Year 2009 Preliminary Results Safe Harbour All 2009 data contained herein are preliminary and unaudited. As stated
More informationTELECOM ARGENTINA S.A.
TELECOM ARGENTINA S.A. TELECOM ARGENTINA S.A. UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2018 TELECOM ARGENTINA S.A. UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2018 AND
More informationMANAGEMENT S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS TELEFONICA CELULAR DEL PARAGUAY S.A. As at and for the three month period ended 31 March 2017 1. Overview We are a
More informationTelecom Argentina S.A. announces consolidated results for the annual period ( FY16 ) and fourth quarter for fiscal year 2016 ( 4Q16 )
FOR IMMEDIATE RELEASE Contacts: Pedro Insussarry Solange Barthe Dennin (54 11) 4968 3743/3752 Market Cap P$67.0 billion March 8, 2017 Telecom Argentina S.A. announces consolidated results for the annual
More informationHellas Group 4th Quarter 2007 Results. February 19, 2008
Hellas Group 4th Quarter 2007 Results February 19, 2008 Forward looking statement This presentation includes forward-looking statements. These forward-looking statements include all matters that are not
More informationMANAGEMENT S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS TELEFONICA CELULAR DEL PARAGUAY S.A. As at and for the year ended 31 December 2016 1. Overview We are a leading multinational
More informationQ Results Investor Presentation. PLAY Communications 12 November 2018
Q3 2018 Results Investor Presentation PLAY Communications 12 November 2018 Disclaimer This presentation has been prepared by Play Communications S.A. s and its subsidiaries (together the PLAY Group ).
More informationNORTEL INVERSORA S.A. Corporation non adhered to the Optional Statutory Regime of Compulsory Public Purchase Offer
UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2012 UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2012 AND 2011 INDEX Operating and financial review and prospects
More informationGroup Q Results Presentation. Signs of revenue pressures easing with growth in underlying EBITDA margin;
Group Q3 211 Results Presentation Magyar Telekom Signs of revenue pressures easing with growth in underlying EBITDA margin; guidance for full-year confirmed 1 Q3 highlights Revenues down by 1.7%, improvement
More informationRESULTS 2Q16. Investor Relations Telefônica Brasil S.A. July, 2016
RESULTS Investor Relations Telefônica Brasil S.A. July, 2016 DISCLAIMER This presentation may contain forward-looking statements concerning future prospects and objectives regarding growth of the subscriber
More informationTelecom Argentina S.A. announces consolidated results for fiscal year 2018 ( FY18 )*
FOR IMMEDIATE RELEASE Contacts: Solange Barthe Dennin (54 11) 4968-3752 Market Cap P$271.1 billion March 7th, 2019 Telecom Argentina S.A. announces consolidated results for fiscal year 2018 ( FY18 )* Note:
More informationTelecom Argentina S.A. announces consolidated nine month period ( 9M18 ) and third quarter results for fiscal year 2018 ( 3Q18 )*
FOR IMMEDIATE RELEASE Contacts: Solange Barthe Dennin (54 11) 4968-3752 Market Cap P$285.4 billion November 7 th, 2018 Telecom Argentina S.A. announces consolidated nine month period ( 9M18 ) and third
More information1 st Quarter 2004 Earnings Release April 30, 2004
1 st Quarter 2004 Earnings Release April 30, 2004 Conference Call Compañía Anónima Nacional Teléfonos de Venezuela (NYSE:VNT) Safe Harbor Statement Statements in this presentation that are not strictly
More informationTelecom Italia Group 2010 Results
February 24th, 2011 Telecom Italia Group 2010 Results Safe Harbour These presentations contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation
More informationMAGYAR TELEKOM GROUP Q RESULTS PRESENTATION MAY 10, 2017
MAGYAR TELEKOM GROUP Q1 217 RESULTS PRESENTATION MAY 1, 217 Q1 217 FINANCIAL RESULTS AND 217 TARGETS* REVENUE EBITDA CAPEX Q1 217 vs. Q1 216 HUF 14.5 bn (+1.6%) Revenue growth in mobile driven by mobile
More informationHellas Group 3nd Quarter 2007 Results. November 15, 2007
Hellas Group 3nd Quarter 2007 Results November 15, 2007 Forward looking statement This presentation includes forward-looking statements. These forward-looking statements include all matters that are not
More informationSEHK: Interim Results. 12 August 2009
SEHK: 215 29 Interim Results 12 August 29 Disclaimer These materials have been prepared by Hutchison Telecommunications Hong Kong Holdings Limited (HTHKH) solely for use at this presentation and have not
More informationTelekom Austria Group Results for the First Nine Months November 27, 2001
Telekom Austria Group Results for the First Nine Months 20 November 27, 20 1 Disclaimer This presentation contains certain forward-looking statements. Actual results may differ materially from those projected
More informationTelecom Argentina S.A. announces consolidated results for the annual period ( FY17 ) and fourth quarter for fiscal year 2017 ( 4Q17 )
FOR IMMEDIATE RELEASE Contacts: Solange Barthe Dennin (54 11) 4968 3752 Market Cap P$280.7 billion March 7 th, 2018 Telecom Argentina S.A. announces consolidated results for the annual period ( FY17 )
More informationPreliminary Results January September 2013
Preliminary Results January September 2013 Disclaimer The financial information contained in this document (in general prepared under International Financial Reporting Standards (IFRS)) contains in respect
More informationMAGYAR TELEKOM GROUP FULL YEAR AND Q RESULTS PRESENTATION FEBRUARY 26, 2015
MAGYAR TELEKOM GROUP FULL YEAR AND Q4 RESULTS PRESENTATION FEBRUARY 26, 215 FULL YEAR RESULTS, OUTLOOK AND GUIDANCE HIGHLIGHTS STRENGTHENED MARKET POSITIONS We are now market leaders in all segments of
More informationQ Results Magyar Telekom Group. Revenue growth driven by energy resale in Hungary; EBITDA margin under pressure
Results Magyar Telekom Group Revenue growth driven by energy resale in Hungary; EBITDA margin under pressure 1 212 Q1 Group results Revenues and EBITDA Group revenues Group EBITDA 148 1 688 1 69 394 711
More informationMAGYAR TELEKOM GROUP Q RESULTS PRESENTATION FEBRUARY 21, 2018
MAGYAR TELEKOM GROUP Q4 217 RESULTS PRESENTATION FEBRUARY 21, 218 Q4 217 GROUP SEGMENTAL REVENUE AND EBITDA Group segmental revenues* Group segmental EBITDA* HUF bn 162 16 158 156 4.6 3. 2.3 +6.3%. -.4.
More informationPT EXCELCOMINDO PRATAMA, TBK. (XL) FY 2008
PT EXCELCOMINDO PRATAMA, TBK. (XL) FY 2008 Disclaimer This document contains certain financial information and results of operation, and may also contain certain projections, plans, strategies and objectives
More informationResults for the Year Ended December 31, 2016
Results for the Year Ended December 31, 2016 K-IFRS, Non-audited February 3rd, 2017 0 Disclaimer This presentation contains forward-looking statements with respect to the financial condition, results of
More informationResults for the Year Ended December 31, 2017
Results for the Year Ended December 31, 2017 K-IFRS, Non-audited February 5, 2018 Disclaimer This presentation contains forward-looking statements with respect to the financial condition, results of operations
More informationResults for the First Half and Second Quarter Vienna, 12 August 2013
Results for the First Half and Second Quarter 2013 Vienna, 12 August 2013 1 Cautionary Statement This document contains forward-looking statements. These forward-looking statements are usually accompanied
More informationPreliminary Results January March 2014
Preliminary Results January March 2014 Telefónica Deutschland Holding AG Disclaimer The financial information contained in this document (in general prepared under International Financial Reporting Standards
More informationResults 3Q18. Investor Relations Telefônica Brasil S.A. October, 2018
Results Investor Relations Telefônica Brasil S.A. October, 2018 Disclaimer This presentation may contain forwardlooking statements concerning future prospects and objectives regarding growth of the subscriber
More information2Q'17 Financial and operating data
2Q'17 Financial and operating data Index Disclaimer Key Financial Data by BU FY Key Financial Data by BU Quarter P&L Group FY Net Debt & Cash Flow Balance Sheet Domestic Business Results Domestic Wireline
More information4Q11 RESULTS PRESENTATION
4Q11 RESULTS PRESENTATION 1 MARCH 2012 1 DISCLAIMER This presentation contains forward looking information, including statements which constitute forward looking statements within the meaning of the U.S.
More informationQ Results PLAY Investor Presentation. PLAY, November 2017
Q3 2017 Results PLAY Investor Presentation PLAY, November 2017 Disclaimer This presentation has been prepared by Communications S.A. s and its subsidiaries (together the PLAY Group ). The information contained
More informationdtac first quarter Apr 2010
dtac first quarter 2010 30 Apr 2010 Disclaimer Certain forward looking statements may be made in the course of the presentation. These forward- looking statements generally can be identified by use of
More informationDisclaimer. Forward Looking Statements
Q4 and Full Year 2016 Results PLAY Investor Presentation February 28, 2017 Disclaimer This presentation has been prepared by P4 Sp. z o.o. ( PLAY ). The information contained in this presentation is for
More informationTelekom Austria Results of the Financial Year April 9, 2002
Telekom Austria Results of the Financial Year 20 April 9, 2002 1 Disclaimer This presentation contains certain forward-looking statements. Actual results may differ materially from those projected or implied
More informationSmarTone Telecommunications Holdings Ltd.
SmarTone Telecommunications Holdings Ltd. FY07 Annual Results Presentation For the year ended 30 June 2007 Douglas Li CEO 28 August 2007 Agenda Results highlights Financial review Operational review Outlook
More informationQ Results. Emirates Integrated Telecommunications Company PJSC July 2014
Q2 214 Results Emirates Integrated Telecommunications Company PJSC July 214 Disclaimer Emirates Integrated Telecommunications Company PJSC (hereafter du ) is a telecommunication services provider in the
More informationCorporate Presentation. Investor Relations Telefônica Brasil S.A. March, 2017
Corporate Presentation Investor Relations Telefônica Brasil S.A. March, 2017 DISCLAIMER This presentation may contain forward-looking statements concerning future prospects and objectives regarding growth
More informationDisclaimer. Forward Looking Statements
Q3 2016 Results PLAY Investor Presentation November 22, 2016 Disclaimer This presentation has been prepared by P4 Sp. z o.o. ( PLAY ). The information contained in this presentation is for information
More informationFirst Quarter 2011 Results. Emirates Integrated Telecommunications Company PJSC April 2011
First Quarter 2011 Results Emirates Integrated Telecommunications Company PJSC April 2011 Disclaimer Emirates Integrated Telecommunications Company PJSC (hereafter du ) is a telecommunication services
More informationMAGYAR TELEKOM GROUP Q RESULTS PRESENTATION AUGUST 7, 2014
MAGYAR TELEKOM GROUP Q2 214 RESULTS PRESENTATION AUGUST 7, 214 STRATEGIC HIGHLIGHTS CUSTOMER EXPERIENCE Portfolio simplification Integrated offerings Faster and tailor made customer service PARTNERING
More informationEtisalat Group 4Q 2017 Results Presentation. 22 February 2018 Abu Dhabi, UAE
Etisalat Group 4Q 2017 Results Presentation 22 February 2018 Abu Dhabi, UAE Disclaimer Emirates Telecommunications Group Company PJSC and its subsidiaries ( Etisalat Group or the Company ) have prepared
More informationResults for Second Quarter August 9, 2002
Results for Second Quarter 2002 August 9, 2002 2 Notice The information contained in this document has not been independently verified. No representation or warranty, express or implied, is made as to,
More informationRESULTS 3Q17. Investor Relations Telefônica Brasil S.A. October, 2017
RESULTS 3Q17 Investor Relations Telefônica Brasil S.A. October, 2017 DISCLAIMER This presentation may contain forward-looking statements concerning future prospects and objectives regarding growth of the
More informationEmirates Integrated Telecommunications Company PJSC March 2012
FullYear Results Emirates Integrated Telecommunications Company PJSC March 2012 Disclaimer Emirates Integrated Telecommunications Company PJSC (hereafter du ) is a telecommunication services provider in
More information2Q15 RESULTS RIO DE JANEIRO, 13 AUGUST 2015
RESULTS RIO DE JANEIRO, 13 AUGUST 2015 IMPORTANT NOTICE This release contains forward-looking statements, according to the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not
More informationQ4FY17 Financial Results Presentation
Q4FY17 Financial Results Presentation For the quarter ended 31 Mar 2017 Chua Sock Koong, Group CEO 18 May 2017 Forward looking statement Important note The following presentation contains forward looking
More informationPT Indosat Tbk 1Q 2013 Results. Indosat IR - New Template v pptx
PT Indosat Tbk 1Q 2013 Results 1 Agenda Financial and Operational Results Management Focus Supplemental Information 2 2 Financial and Operational Highlights 3 YoY Overview Consolidated Revenue growth of
More informationMD&A. Executive Summary. Operational Summary MANAGEMENT DISCUSSION AND ANALYSIS FIRST QUARTER 2018
MD&A Executive Summary In Q118, dtac reported strong EBITDA growth of 21% YoY and EBITDA margin of 43.8%, mainly driven by lower handset subsidies and regulatory cost, despite 1.1%YoY decline in service
More informationpreliminary results Telefónica Deutschland July 2017 Public Nicht vertraulich
Q2 2017 preliminary results Telefónica Deutschland Razón Investor social Relations 00.00.2015 26 July 2017 Public Nicht vertraulich Disclaimer This document contains statements that constitute forward-looking
More informationTÜRK TELEKOM GROUP 2012 Q2 Results
TÜRK TELEKOM GROUP 2012 Q2 Results Notice The information contained herein has been prepared by Türk Telekom (the Company). The opinions presented herein are based on general information gathered at the
More information1Q 17 Results TELECOM ITALIA GROUP
1Q 17 Results May 3, 2017 1Q 17 Results TELECOM ITALIA GROUP Flavio Cattaneo Piergiorgio Peluso Safe Harbour This presentation contains statements that constitute forward looking statements within the
More informationResults for Third Quarter October 25, 2002
1 Results for Third Quarter 2002 October 25, 2002 2 Notice The information contained in this document has not been independently verified. No representation or warranty, express or implied, is made as
More informationInvestor. Presentation. May 2013
Investor Presentation May 2013 0 Disclaimer This material contains forward-looking statements with respect to the financial condition, results of operations and business of SK Telecom and its subsidiaries
More information3Q'18 Financial and Operating Figures
3Q'18 Financial and Operating Figures TELECOM ITALIA INVESTOR RELATIONS investor_relations@telecomitalia.it Website link: Telecom Italia Group Telecom Italia Investor Relations Disclaimer The financial
More informationTELECOM ARGENTINA S.A.
TELECOM ARGENTINA S.A. UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2017 UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2017 AND 2016 INDEX Operating and financial
More informationBUSINESS AND FINANCIAL REVIEW JANUARY MARCH Analyst presentation 30 APRIL 2015
BUSINESS AND FINANCIAL REVIEW JANUARY MARCH 2015 Analyst presentation 30 APRIL 2015 Disclaimer These materials and the oral presentation do not constitute or form part of any offer or invitation to sell
More informationResults presentation 1H July 2018
Results presentation 1H18 27 July 2018 Disclaimer This presentation (the "Presentation") has been prepared and is issued by, and is the sole responsibility of Euskaltel, S.A. ("Euskaltel" or "the Company").
More informationNeither this presentation nor any of the information contained herein constitutes an offer of purchase, sale or exchange, nor a
Disclaimer This document contains statements that constitute forward looking statements about Telefónica Group (going forward, the Company or Telefónica) including financial projections and estimates and
More informationTelecom Italia 9M 2011 Results
Milan, November 11, 2011 Telecom Italia Safe Harbour These presentations contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act
More informationTiVo from 149:- Q Presentation Investor and Analyst Conference Call
TiVo from 149:- Q1 2014 Presentation Investor and Analyst Conference Call May 2, 2014 Disclaimer Disclosure Regarding Forward-Looking Statements This presentation includes forward-looking statements. Forward-looking
More informationMAGYAR TELEKOM GROUP Q RESULTS PRESENTATION FEBRUARY 22, 2016
MAGYAR TELEKOM GROUP Q4 216 RESULTS PRESENTATION FEBRUARY 22, 216 216 FINANCIAL RESULTS 216 RESULTS 216 TARGETS REVENUE EBITDA CAPEX* FCF HUF 62.7 bn (-8.2%) Decline due to partial exit from the energy
More informationMD&A. Executive Summary. Operational Summary MANAGEMENT DISCUSSION AND ANALYSIS SECOND QUARTER 2017
MD&A Executive Summary In Q217, dtac reported service revenue growth (excluding IC) of 2.3%YoY and 1.1%QoQ, and continued to build momentum on the successful network perception campaign, the Go No Limit
More information4th Quarter Results for the period ended December 31, 2006
4th Quarter Results for the period ended December 31, 2006 TWM consolidated 1 January 25, 2007 Topics in This Report Revenue Analysis Cost & Expense Analysis Income Statement Analysis Cash Flow Analysis
More informationKcell JSC. Q Financial results
Kcell JSC Q2 218 Financial results Q2 218 Financial Results 2 Q2 218 quarterly highlights The underlying business performance impacted by intensely competitive pricing of bundled offers among operators,
More informationSecond Quarter 2017 Results
Second Quarter 2017 Results Highlights Fixed-mobile convergence continues to deliver strong results in Consumer More than 60% of KPN brand postpaid base in fixed-mobile bundles (Q2 2016: 51%) +8k broadband
More informationTelekom Austria Group Results for the 2nd Quarter August 26, 2003
Telekom Austria Group Results for the 2nd Quarter 2003 August 26, 2003 1 Cautionary Statement This presentation contains certain forward-looking statements. Actual results may differ materially from those
More informationZiggo Q Results. October 14, 2011
Ziggo Q3 2011 Results October 14, 2011 Disclaimer Various statements contained in this document constitute forward-looking statements as that term is defined by U.S. federal securities laws. Words like
More informationETISALAT GROUP Q RESULTS PRESENTATION - ABU DHABI, UAE
ETISALAT GROUP Q4 2018 RESULTS PRESENTATION - ABU DHABI, UAE 20TH FEBRUARY 2019 1 DISCLAIMER Emirates Telecommunications Group Company PJSC and its subsidiaries ( Etisalat Group or the Company ) have prepared
More information2017 MD&A Advanced Info Service Plc.
Executive Summary In 2017, mobile business improved from stronger 4G positioning amidst competitive environment. Competitive landscape remained challenging in both pricing environment and handset campaigns
More informationFirst quarter 2017 results
[DRAFT 21-04-2017] First quarter 2017 results 28 April 2017 Key highlights 1 2 3 Market context Host migration for R cable customers finished with a successful outcome and certain one-off impact KPI performance
More informationResults presentation 1Q18. 3 May 2018
Results presentation 1Q18 3 May 2018 Disclaimer This presentation (the "Presentation") has been prepared and is issued by, and is the sole responsibility of Euskaltel, S.A. ("Euskaltel" or "the Company").
More information3Q15 RESULTS RIO DE JANEIRO, NOVEMBER 12, 2015
RESULTS RIO DE JANEIRO, NOVEMBER 12, 2015 IMPORTANT NOTICE This release contains forward-looking statements, according to the U.S. Private Securities Litigation Reform Act of 1995. Statements that are
More informationInvestor Briefing. Results for the FY (K-IFRS, Non-audited)
Results for the FY 2018 (K-IFRS, Non-audited) SK Telecom January 31, 2019 0 Disclaimer This presentation contains forward-looking statements with respect to the financial condition, results of operations
More informationOrange Polska 4Q 17 and FY 17 results. 21 February 2018
Orange Polska 4Q 17 and FY 17 results 21 February 2018 1 Forward looking statement This presentation contains 'forward-looking statements' including, but not limited to, statements regarding anticipated
More informationMATÁV MEETS 2002 TARGETS IN A CHANGING ENVIRONMENT
Contacts: Szabolcs Czenthe, Matáv IR +36-1-458-0437 Tamás Dancsecs, Matáv IR +36-1-457-6084 Gyula Fazekas, Matáv IR +36-1-457-6186 investor.relations@ln.matav.hu Catriona Cockburn, Citigate Dewe Rogerson
More informationTelefónica, S.A Investor Relations
Disclaimer This document contains statements that constitute forward looking statements about the Company including financial projections and estimates and their underlying assumptions, statements regarding
More informationRESULTS HIGHLIGHTS: A SOLID QTR TO CLOSE A SOLID YEAR
RESULTS HIGHLIGHTS: A SOLID QTR TO CLOSE A SOLID YEAR Customer Base 75.7 million customers Data Acceleration 34 million users (+26% YoY) Improving Profitability 30% EBITDA Margin Turnaround on Fixed business
More informationExane BNP Paribas. Telecoms Conference London Sept. 20, 2007
Exane BNP Paribas Telecoms Conference 2007 London Sept. 20, 2007 1 Wind at a glance H1 2007 Revenues 2,613 million H1 2007 EBITDA 890 million Fixed line 32% Mobile 68% Fixed line 15% Mobile 85% 7.7% Revenue
More informationFree Translation into English of Quarterly Information (ITR) Originally Issued in Portuguese
Free Translation into English of Quarterly Information (ITR) Originally Issued in Portuguese Index Company Information... 2 Capital... 3 Parent Company Financial Statements Balance Sheet Assets... 4 Balance
More informationInvestor Presentation. August 2014
Investor Presentation August 2014 Disclaimer This material contains forward-looking statements with respect to the financial condition, results of operations and business of SK Telecom and its subsidiaries
More informationSECOND QUARTER July 2009
SECOND QUARTER 29 22 July 29 AGENDA CEO review Financial review Concluding remarks Harri Koponen Lars Nilsson Harri Koponen 2 29-7-22 Second quarter 29 HIGHLIGHTS Q2 Record result with all regions performing
More informationRESULTS 1Q17. Investor Relations Telefônica Brasil S.A. May, 2017
RESULTS Investor Relations Telefônica Brasil S.A. May, 2017 DISCLAIMER This presentation may contain forward-looking statements concerning future prospects and objectives regarding growth of the subscriber
More informationResults for the First Half 2011
Results for the First Half 2011 Highlights > Mobile broadband and smartphones drive subscriber numbers in all operations > Bundle products strategy proves increasingly successful with continued access
More informationTelecom Italia Group FY 2013 Results
Milan, March 7 th 2014 Telecom Italia Group Safe Harbour These presentations contain statements that constitute forward looking statements within the meaning of the Private Securities Litigation Reform
More information