Far EasTone Telecommunications Co., Ltd. · TWSE:4904
Far EasTone Telecommunications — Q1 2008 Earnings Presentation
10 slides from Far EasTone Telecommunications's earnings presentation, Apr 22, 2008
Slide 1: 2008 1Q Investor Update
4904 (TWSE) 2008 1Q Investor Update Jan Nilsson Vice Chairman and President April 22, 2008 4:00pm Disclaimer This presentation contains forward-looking statements. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. Actual resul
Slide 2: Taiwan Wireless Market Overview
Agenda I. Market Overview II. 2008 Q1 Performance and Business Update III. 2008 Q2 Initiatives and Forecast IV. Management Highlight 3 Taiwan Wireless Market Overview 5 members stay in NCC Organization now, new members may come after May 20 Executive Yuan overruled the daft of Convergence Act and su
Slide 3: Operational Performance
Agenda I. Market Overview II. 2008 Q1 Performance and Business Update III. 2008 Q2 Initiatives and Forecast IV. Management Highlight 5 Operational Performance Total Subscriber 2008 2008 Q1 Q1 Subscriber Subscriber Growth Growth % % FET FET Mobile Mobile Subscriber Subscriber ('000) FET continues to
Slide 4: Non-Voice Performance
Non- Non-Voice Performance Leading Non- Non-Voice Share and Increasing Usage 2008 2008 1Q 1Q Non-Voice Non-Voice Revenue Revenue Share Share FET FET Packet Packet Data Data Usage Usage #2: CHT: #3: TWM: (bn bytes) 32% 29% 250,000 202,009 200,000 165,759 149,570 150,000 114,074 #1: FET dominates 99,8
Slide 5: Consolidated Financial Achievement
Consolidated Financial Achievement 2008 Q1 Actual vs. 2008 Q1 Forecast Item 2008 Q1 2008 Q1 Achievement Unit: NT$ Million, except for EPS Actual Forecast % Service Revenue 14,331 14,584 98% EBITDA 6,350 6,440 99% Service EBITDA Margin % 45.4% 45.3% ─ Pre-tax Income 3,182 3,142 101% EPS(1) $0.72 $0.7
Slide 6: 7-Eleven MVNO Update; FET Big Broadband
7-Eleven MVNO Update Prepaid Card Since Jan 2008, 7- 7-Eleven has expanded to 4600 stores island- island-wide Starting May 2008, 7- 7-Eleven will be doing store promotions to push more subscriptions Over 21,000 subs by end of March Average 800- 800-1000 incremental subscription per day Pushing for h
Slide 7: NFC Trial
NFC Trial “FET Bee Bee Go NFC Service” Service” Applying SWP (Single Wire Protocol) of GSMA international standard Co- Co-op with Taishin Bank First Trial on over 5,000 Visa payWave Stores island- island-wide on 120 customers Trial period 3 months 13 Agenda I. Market Overview II. 2008 Q1 Performance
Slide 8: Data Roaming Flat-Rate; New Devices
Data Roaming Flat- Flat-Rate With CONEXUS Mobile Alliance First in Asia launching pay- pay-per- per-day data roaming flat- flat-rate tariff plan for International Roamers With CONEXUS Mobile Alliance - 6 operators in Asia No need to sign any postpaid rate plan and no monthly fee Maximum NT$300 per d
Slide 9: 2008 Q2 Consolidated Financial Forecast
2008 Q2 Consolidated Financial Forecast 2008 Q2 Forecast vs. 2008 Q1 & 2007 Q2 Item 2008 Q2 2008 Q1 2007 Q2 QoQ% YoY% Unit: NT$ Million, except for EPS Forecast Actual Actual Service Revenue 14,722 14,331 +2.7% 14,605 +0.8% EBITDA 6,633 6,350 +4.5% 6,954 -4.6% Service EBITDA Margin % 46.0% 45.4% --
Slide 10: Management Highlight; Q&A
Management Highlight Key Message Cash Cash Distribution Distribution to to Shareholders Shareholders Board has just approved 2007 dividend: NT$3.1 per share, share NT$/shares Capital 4 Reduction expected to be paid in Sep 2008 proceeds 3.10 3.10 3.10 Consistent dividend policy with 3.00 3 2.62 2.59
Far Eastone Telecommunications — Q1 2008 Earnings Presentation on 6ix