Analyst Conference 2013 Analyst Conference 2013 March 7, 2014 Disclaimer: This presentation contains statements about expected future events and financial results that are forward‐looking and subject to risks and uncertainties. For these statements, we claim the protection of the safe harbor for forward‐looking statements contained in the Private Securities Litigation Reform Act of 1995. Discussion of factors that may affect future results is contained in our recent filings with the Securities and Exchange Commission.
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Analyst Conference 2013Analyst Conference 2013March 7, 2014Disclaimer: This presentation contains statements about expected future events and financial results that are forward‐looking and subject to risks and uncertainties. For these statements, we claim the protection of the safe harbor for forward‐looking statements contained in the Private Securities Litigation Reform Act of 1995. Discussion of factors that may affect future results is contained in our recent filings with the Securities and Exchange Commission.
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2013 strategic highlights
True Group reported healthy service revenue growth, driven by rising revenues in all core segmentsrising revenues in all core segments
Mobile non‐voice revenue sustained robust growth
ll f l d b db dExcellent response to convergence campaigns fueled broadband and Pay TV acquisitions
T Vi i h biddi f di i l i l TVTrueVisions won the bidding for two digital terrestrial TV licenses, paving way for accelerated advertising growth
Li i i d TRUEGIF k d i t t il t fLicensing regime and TRUEGIF marked important milestones for True Group and Thai Telecommunications industry
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Group revenue continues solid growthGroup service revenue grew on continued growth in all core business segments, mainly mobile’s non‐voice services
EBITDA slightly softened mainly from costs related to 2G migration, network expansion and marketing activities
FY13 broadband revenue, net adds accelerateSuccessful DOCSIS 3.0 expansion fueled broadband Internet revenue and net adds, driven by
Superior network and service quality
High‐value convergence packages
localized marketing activities
Broadband Internet revenue* Broadband subscribers and ARPU*
678 731 726 702 686 699 712
Broadband Internet revenue* Broadband subscribers and ARPU*
Bt/sub/mo
+17.3%YoY
3 504 3 597 3 613 3 663
Bt mn12,258
14,377
1 749
48 55 56 68 61 235
240 1,570 1,624 1,680 1,749 1,810 1,570
1,810 ‘000 subscribers
3,142 3,504 3,597 3,613 3,663
4Q12 1Q13 2Q13 3Q13 4Q13 2012 2013
1,521 1,570 1,624 1,680 1,749 1,335 1,570
4Q12 1Q13 2Q13 3Q13 4Q13 2012 2013
Previous subs Quarterly net adds
* In 4Q13, TrueOnline changed accounting policy in reporting revenue from bundled packages. As such, broadband Internet revenue and ARPU for 1Q13‐3Q13 were normalized to reflect this change.
TrueVisions
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Sponsorship, advertising boost FY revenue growthFY13 service revenue grew on rising revenues from
sponsorship, mainly the Voice programs, and advertising
EBITDA softened on incremental expenses related to content and marketing activities