Green Packet Bhd. · MYX:GPACKET

Green Packet Bhd — Q3 2009 Earnings Presentation

46 slides from Green Packet Bhd's earnings presentation, November 2009

  1. Slide 1: Business Updates & Financial Review Quarter 3, 2009

    Business Updates & Financial Review Quarter 3, 2009

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current expectation, beliefs, hopes, intentions or strategies regarding the future and assumptions in light of currently available informa

  3. Slide 3: Agenda

    Agenda Overview & Business Updates Review of Q3 2009 Financial Performance Copyright © 2009 Green Packet. All rights reserved. 3

  4. Slide 4: Overview & Business Updates

    Overview & Business Updates Copyright © 2009 Green Packet. All rights reserved. 4

  5. Slide 5: Green Packet Growth Cycle

    Green Packet Growth Cycle 2001 – 2003 2004 – 2005 2006- 2007 2008 – 2009 2010 – 2011 Start Up Early growth Expansion Consolidation & Continued Reinvestment Growth Growth and Single Revenue Pillar Diversification Efforts Transformation years to pave way for continued sustainable growth Revenue Profit

  6. Slide 6: Clear Focus on 2 Core Business Pillars

    Green Packet Group’s Business PRODUCT & SOLUTION CONVERGED SERVICES Software & VAS Packet One Networks (M) S/B WiMAX based Solutions and Devices Next Telecommunications S/B WiMAX Global Services OneVois Pte Ltd (Thailand) NGTNetworks NGT Networks Pte Ltd Clear Focus on 2 Core Business Pillars Copyri

  7. Slide 7: Our 5-Year Business Goals

    Our 5-Year Business Goals : BEGINNING in 2007 4G-WiMAX Multi-market OPERATOR - 2 million subscribers (Malaysia only) – 2012 - 3 new market entries – 2012 (each offering 1m 3m potential subs) - High capital - High entry/competitive barriers - Recurring Revenue model 4G-WiMAX Solutions & Devices Provi

  8. Slide 8: Solutions Pillar

    Solutions Pillar Copyright © 2009 Green Packet. All rights reserved. 8

  9. Slide 9: Solutions: Product Diversification

    Solutions: Product Diversification 3G WiMAX 3G Datacards WiMAX CPE WIFI 3G 3G WIMAX WIFI WiFi ↔ 3G Seamless Mobility WiFi ↔ 3G ↔ WiMAX Seamless Mobility WiFi/3G/WiMAX Connection WiFi/3G Connection Manager Manager + VAS Copyright © 2009 Green Packet. All rights reserved. 9

  10. Slide 10: Global WiMAX Networks (16e)

    Global Wimax Networks (16e) • Reached 518 network deployments in 146 countries ( > 150 networks on 802.16e) • Covering 430 million population; highest in *APAC (205mil), Africa (59mil), **CALA (50mil) • Existing deployments expanded rapidly; • WiMAX certification registry reached 154 products *APAC

  11. Slide 11: Green Packet ranks 3rd in just 1 year!

    Global Wimax CPE Market Update 1H’09 CPE shipment 520,695 units FY 2009 CPE shipment estimated 2.19mil units Source from : Maravedis • Significant QoQ growth from Samsung (159%) ; Green Packet (142% ) • Green Packet ranks 3rd by market share (after Motorola & Samsung) Green Packet ranks 3rd in just

  12. Slide 12: Growth Forecast – By Regions

    Growth Forecast – By Regions • Highest Net Adds from APAC (1.2mil), MEA (1.1mil) • By 2011 India will be single largest WIMAX market adding 20% of total subs APAC & MEA markets still the main focus Copyright © 2009 Green Packet. All rights reserved. 12

  13. Slide 13: Reference Sites: WiMAX CPE Deployments

    Reference Sites: WiMAX CPE Deployments Russia Europe Korea North America Japan China Middle East Latin America India Africa SEA Target: 350K Oceania End Q3: 200K In-roads into many countries – shipments will accelerate in 2010 (Target : 1.5 mil units)13 Copyright © 2009 Green Packet. All rights rese

  14. Slide 14: Intouch Connection Manager Deployment Map

    Intouch Connection Manager (Deployment Map) Reference Sites Mainly in 4G WiMAX, new 3G customers in HK, Taiwan Copyright © 2009 Green Packet. All rights reserved. 14

  15. Slide 15: Market Strategy

    Market Strategy Emerging markets Developed markets *CPE – Customer Premise Equiptment • Matching our strength to market needs by offering specific relevant products • Strong global branding & communications Copyright © 2009 Green Packet. All rights reserved. 15

  16. Slide 16: Business Updates: Packet One Networks

    Packet One Networks Business Updates Copyright © 2009 Green Packet. All rights reserved. 16

  17. Slide 17: Vision: Leading Regional 4G WiMAX Operator

    Vision : Leading Regional 4G WiMAX Operator Mobile Broadband Quad play enabled by WiMAX Contents Fixed line and VAS Copyright © 2009 Green Packet. All rights reserved. 17

  18. Slide 18: Quarter 3 Top 5 Priorities

    Quarter 3 TOP 5 Priorities Coverage Copyright © 2009 Green Packet. All rights reserved. 18

  19. Slide 19: >100k subs! > 550 Sites

    44% QoQ subscriber increase +25K +25K +36K 100K Subs >100k subs! > 550 Sites Copyright © 2009 Green Packet. All rights reserved. 19

  20. Slide 20: Coverage Updates

    Coverage Updates Total 503 *RFS sites with >515 Kedah Perlis integrated sites, 850 acquired. Terengganu Perak Kelantan 10/12 states in West Malaysia are Pulau Pinang now unwired with P1 W1MAX - Latest service launched in Kelantan Pahang Selangor New cities launched since Q3: Kuala Lumpur - Kota Bahr

  21. Slide 21: P1 - the only nationwide WiMAX telco

    P1 - the only nationwide WiMAX telco Sabah Sarawak Copyright © 2009 Green Packet. All rights reserved. 21

  22. Slide 22: Overall Market Share

    Overall Market Share • P1 gained 13% Broadband *SONA in Q3Y09 (E) • 4% in total broadband market share (E) *SONA – Share of net add Copyright © 2009 Green Packet. All rights reserved. 22

  23. Slide 23: 2009 Best Startup Company, APICTA

    2009 Best Startup Company Asia Pacific ICT Awards (APICTA) Best of Start-Up Companies Copyright © 2009 Green Packet. All rights reserved. 23

  24. Slide 24: P1 MFS

    P1 MFS Updated on 18.10.09 780,241 (Ruumz) + 11,015,066 (15MY) = 410,407 (Ruumz) + 6,439,091 (15MY) = Over151,449 3 mil(Ruumz) + people exposed 2,877,247 (15MY) = to the P1 brand Top 10 Most Viewed Channel on 140,250 (Ruumz) + 1,377,094 (15MY) You Tube = International Film Festivals: Pusan, Rotterda

  25. Slide 25: Crossing the Chasm

    Crossing the Chasm Our Target P1 Subs now Early Majority Early Early Adopters Adopters Innovators Innovators Innovators Copyright © 2009 Green Packet. All rights reserved. 25

  26. Slide 26: Potong Campaign

    Potong Campaign Copyright © 2009 Green Packet. All rights reserved. 26

  27. Slide 27: NEW Potong Campaign from Nov to Dec09

    NEW “Potong” Campaign from Nov to Dec09 Copyright © 2009 Green Packet. All rights reserved. 27

  28. Slide 28: A&P - Entered into Mainstream & Broadcast

    A&P -Entered into Mainstream & Broadcast TV Radio Magazine > Wah Lai Toi > AEC > Phoenix > Xing He > TVB8 > TVBS > Jai Yu > Star Sports Cinema Copyright © 2009 Green Packet. All rights reserved. 28

  29. Slide 29: A&P - Going to where our prospects are, Online!

    A&P - Going to where our prospects are, Online! Copyright © 2009 Green Packet. All rights reserved. 29

  30. Slide 30: Expanding Customer Touch Points

    Expanding Customer Touch Points Total of 33 customer Changlun touch points (1 Alor Star Sg.Petani Jitra Kota Bharu P@ddock, 5 P1TStop Kulim Seberang Prai Kemaman [2 *COCO, 3 DODO], Pit Stop Penang Kuala Terengganu 27 ASPs) nationwide Taiping Setiawan by Q3Y09 Q3Y Ipoh Kuantan Pekan Rawang Paddock Ka

  31. Slide 31: P@ddock & P1TStop

    P@ddoack & P1TStop P1 P@ddock/ Flagship Johor P1TStop Mini P1TStop Penang P1TStop Copyright © 2009 Green Packet. All rights reserved. 31

  32. Slide 32: Increased Permanent Retail Presence

    Increased Permanent Retail Presence Signage: > 33 completed, more to come! Kiosk: JB. Soon to come: Ampang Carrefour, Bukit Tinggi Giant, Wangsa Maju Carrefour and many more. P1 Signboards P1 K1osks Copyright © 2009 Green Packet. All rights reserved. 32

  33. Slide 33: P1 Direct launched in July 2009

    P1 Direct P1 Direct launched in July 2009 Copyright © 2009 Green Packet. All rights reserved. 33

  34. Slide 34: P1T Crew team

    P1T Crew team P1T Crew team has grown to 15 and more to come. Copyright © 2009 Green Packet. All rights reserved. 34

  35. Slide 35: Active Online Engagement

    Active Online Engagement Copyright © 2009 Green Packet. All rights reserved. 35

  36. Slide 36: World's Top four 4G WiMAX Telco

    World’s Top four 4G WiMAX Telco *Logos are place in no particular order Copyright © 2009 Green Packet. All rights reserved. 36

  37. Slide 37: The WiMAX Forum Board Member

    P1 is now at the highest level of the 4G WiMAX World The WiMAX Forum® Board Member Copyright © 2009 Green Packet. All rights reserved. 37

  38. Slide 38: Q4 Outlook & Plans

    Q4 Outlook & Plans Copyright © 2009 Green Packet. All rights reserved. 38

  39. Slide 39: Review of Financial Results - Q3 2009

    Review of Financial Results - Q3 2009 Copyright © 2009 Green Packet. All rights reserved. 39

  40. Slide 40: Revenue

    Revenue Revenue 180,000 150,000 + 156% 120,000 + 247% 90,000 60,000 30,000 - 3Q08 3Q 09 YTD 2008 YTD 2009 Solution Group 1,076 9,480 12,075 27,227 Service Provider Group 306 40,062 590 98,245 Alternative Service Provider 16,790 13,493 50,296 35,522 Total 18,172 63,035 62,961 160,994 Service Provider

  41. Slide 41: PATAMI

    PATAMI PATAMI 20,000 - (20,000) (40,000) (60,000) (80,000) (100,000) 3Q08 3Q09 YTD 2008 YTD 2009 Solution Group (4,119) 2,767 (6,672) 7,773 Service Provider Group (6,446) (32,957) (13,115) (82,599) Alternative Service Provider 276 277 1,876 143 Total (10,289) (29,913) (17,911) (74,683) The LATMI for

  42. Slide 42: Capital Expenditure & Funding

    Capital Expenditure & Funding • Capex incurred to date : RM 337 million • Remaining capex over next 3 Qtrs : RM 155 million - Phase 1 & 2 (45% coverage) Funding Available as at 30 September 2009 : • Group cash & cash equivalents available : RM 174 million • Bank and Vendor Financing facilities : RM

  43. Slide 43: Aggressive Deployment Plan - 2010 to 2011

    Aggressive Deployment Plan - 2010 to 2011 • Remaining capex over next 1 1/2 years: RM 500million - Phase 3 (65% coverage) – Yr 2010 to 2011 Proposed Funding Plans : • Vendor Financing / Borrowings : RM 400 million • Equity / Convertible Debts : RM 100 million P1 is also seeking vendor financing of a

  44. Slide 44: Corporate Exercise - Rights Issue

    Corporate Exercise - Rights Issue Rights Basis 1 Rights Share for every 2 existing Shares held Warrants Basis 1 free Warrant for every 1 Rights Share subscribed Issuance Price / Exercise Price Issue price per Rights Share RM 0.50 Exercise price per Warrant RM 0.95 Total Rights Issue Proceeds will be

  45. Slide 45: Corporate Exercise - Private Placement

    Corporate Exercise - Private Placement Basis 10% placement of new shares of up to 84,800,157 new shares Proceeds (indicative) RM 83 mill (min) ; RM 117 mill (max) Rationale : To fund future expansion in M’sia & Singapore To increase capital size – maintain healthy gearing Impact to Share Capital : C

  46. Slide 46: Thank You

    THANK YOU Copyright © 2009 Green Packet. All rights reserved. 46Bhd. All © 2008 Packet One Networks (M) Sdn Rights Reserved.

Green Packet Berhad — Q3 2009 Earnings Presentation on 6ix