Empresa Nacional De Telecomunicaciones S.a. · BCS:ENTEL

Empresa Nacional De Telecomunicaciones — Investor Presentation (May 2023)

19 slides from Empresa Nacional De Telecomunicaciones's investor presentation, May 2023

  1. Slide 1: Corporate Presentation May 2023

    Empresa Nacional de Telecomunicaciones S.A Corporate Presentation May 2023 Contacts: Paula Raventós, Investor Relations Officer Santiago Uauy, Investor Relations Analyst ir@entel.cl

  2. Slide 2: Empresa Nacional de Telecomunicaciones

    Empresa Nacional de Telecomunicaciones Entel is a leading technology and telecommunications company with operations in Chile and Peru with 58 years of history. Investment grade rated by the international rating agencies and listed on the Santiago Stock Exchange, its shares are part of the IPSA index

  3. Slide 3: Corporate Dynamics: Shareholders, board and dividends

    Corporate Dynamics: Shareholders, board and dividends • Entel is controlled by Almendral S.A , a group of successful local business Entel vs IPSA conglomerates. • Other investors are foreign investors and AFPs (Pension Funds). During last year 110% (1Q23), AFPs increased their stake by +1.4%. • Annu

  4. Slide 4: Snapshot of Entel Financials

    Snapshot of Entel Financials LTM Results as of 1Q2023 Consolidated Revenues Revenue EBITDA CAPEX 3,101 Billion CLP Chile Organic1: 2,564 Billion CLP 2,148 1,021 47,5% EBITDA Mg 384.7 18% Of organic Consolidated EBITDA Billion CLP Billion CLP Billion CLP revenue 1,224 Billion CLP 10.5 million Organic

  5. Slide 5: More than 20 million mobile lines in Chile and Peru

    More than 20 million mobile lines with a wide range of services in Chile and Peru Mobile Users Fixed RGU’s (1) (Thousands) (Thousands) +2,2% +1,0% -4,9% -0,5% 10.298 10.150 10.176 10.421 10.527 586 573 563 560 557 YoY (%) YoY (%) Wireless 308 276 251 230 210 Postpaid 6.567 6.652 6.777 6.938 7.063 +7

  6. Slide 6: Entel is constantly allocating their assets

    Entel is constantly allocating their assets Focusing investments into core business 2019 - 2021 2021 - 2022 2022 - 2023 Towers Data Center Fiber Optic1 • Maximizing the value of tower infrastructure by • Housing business threatened by the arrival of • Accelerate availability for FTTH and grow in inc

  7. Slide 7: Consolidated results: Stable results amid a challenging economic environment

    Consolidate results: Stable results amid a challenging economic environment Revenues Ebitda & Ebitda Mg (CLP $ Billion) (CLP $ Billion, %) +28% +66% Non-Organic Ebitda Mg. 3,138 1,282 Organic ∆ 21-22: +0,7% 2,460 Organic Ebitda Mg: 29% 2,147 Organic ∆ 21-22: +6,7% 772 684 751 751 2,601 -6% 2,439 -30

  8. Slide 8: Results by Country of Operation

    Results by Country of Operation Revenues Revenues (CLP $ Billion) (USD Million) Non-Organic +6% +29% 500 1,200 1,146 2.151 1,077 000 1,000 1.664 Organic ∆ 21-22: +2.1% 795 Organic ∆ 21-22: -0.3% 1.478 800 500 600 -0,6% 1,076 1,073 -13% 000 1.643 1.677 400 287 415 412 250 500 200 0 0 2020 2021 2022 1

  9. Slide 9: Entel consistently ranking #1 in market share and revenue share

    Entel consistently ranking #1 in market share and revenue share Mobile Market Share (Postpaid) Mobile Service Revenue Share 36,6% 36,0% 35,8% 36,1% 38,2% 39,4% 39,9% 38,2% 26,1% 26,4% 26,2% 25,9% 25,6% 25,7% 25,5% 26,3% 20,5% 20,5% 21,2% 21,4% 18,6% 18,6% 20,4% 21,0% 15,0% 15,8% 15,4% 15,2% 15,8% 14

  10. Slide 10: Strong presence and indicators

    Strong presence and indicators Focus on first-class network and service experience translates into competitive advantages Brand Power 30% 35 5G 0% 30 44% of total 30 connections 44% (Dec-22) 25 22 Op. 3 26% 20 21 Op. 2 15 15 Op. 4 20% 10 Q122 Q222 Q322 4Q22 1Q23 4G 19% 34% of total 34% connections A

  11. Slide 11: Strong brand and client preference

    Strong brand and client preference Mobile Market Share (Postpaid) Mobile Service Revenue Share 25,4% 25,6% 25,8% 26,1% 24,6% 24,2% 23,2% 23,7% 31,4% 29,3% 29,2% 28,6% 28,5% 27,7% 28,8% 28,0% 28,9% 29,7% 31,6% 32,1% 35,3% 35,7% 36,2% 36,5% 14,3% 15,4% 13,3% 13,2% 11,6% 12,5% 11,8% 11,8% 4Q20 4Q21 3Q2

  12. Slide 12: Key Indicators

    Key Indicators Good performance in brand perception and network indicators Brand Power Network Indicators1 35 9,96 30 Op. 3 4G 25 Average 12,87 20 Speed 11,97 2° 15 10 (March-23) 9,27 Q122 Q222 Q322 4Q22 Mbps ARPU Mobile Services (CLP $) 79,12 0,8 4G 85,24 0,7 Latency 77,09 1° 0,6 (March-23) 0,5 99,

  13. Slide 13: Consolidated Financial Indicators

    Consolidated Financial Indicators: EBITDA/Net Financial Expenses (1) 15.50 16.36 16.41 15.55 Local 9.42 AA- AA- 2.5X 1Q22 2Q22 3Q22 4Q22 1Q23 International BBB- BBB- Baa3 NFD/(Equity+min.interest) 1,10 • Stable risk rating evaluation and international investment grade 0,92 0,92 1,03 0,85 • Taxes to

  14. Slide 14: Debt Maturities

    Debt Maturities: (MM$ USD) Capital Markets Update: • Net financial debt reached CLP $ 1.649 billion • Gross financial debt remained flat at CLP $ 2.118 billion • Cash equivalents and other current assets amount to CLP $ 251 billion 400 400 321 330 281 270 249 224 146 281 146 103 78 15 15 15 15 15 40

  15. Slide 15: Investment Plan focused on maintaining top rated network

    Investment Plan focused on maintaining top rated network Consolidated Capex Consolidated Ebitda - Capex (CLP $ Billion) (CLP $ Billion) +135% 515 767 445 122 409 370 93 362 314 327 128 96 393 2019 2020 2021 2022 353 281 274 Rational of investments ▪ Capex mostly driven by demand and technologies in

  16. Slide 16: Positive Cash Flow

    Positive Cash Flow Impacted by sale of assets and investments Simplified Cash Flow 566 (CLP $ Billion) 529 2021: includes 5G licences for CLP 100,375 million and tower sales for CLP 21.6 million. 2022: includes sale of Chile Data center for CLP 485,684 and Peru Data Center for CLP 59,366 million. Ca

  17. Slide 17: Entel's Strong Commitment to Sustainability

    Entel’s Strong Commitment to Sustainability ENVIRONMENTAL SOCIAL GOVERNANCE Conscious Transformation Responsible Transformation + TCFD assessment and scenario analysis + Diversity and Inclusion Policy and + Ethics and compliance management Inclusive Transformation process finished. governance. syste

  18. Slide 18: Entel Strategy

    Entel Strategy “We exist to bring on the infinite possibilities technology offers to responsibly transform society” Grow Peru's mobile Technological and Maintain leadership Grow in home Take Digital business to achieve quality leadership in in Mobile Business business in a multi- Business scale of o

  19. Slide 19: Thank You!

    Thank You! Upcoming events Results 1Q 2023 May 9, 2023 Results 2Q 2023 August 7, 2023 Investor Day TBC Results 3Q 2023 November 6, 2023 Results 4Q 2023 January 24, 2024 19

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