Far Eastone Telecommunications Co., Ltd. · TWSE:4904

Far Eastone Telecommunications — Q2 2021 Earnings Presentation

17 slides from Far Eastone Telecommunications's earnings presentation, Jul 30, 2021

  1. Slide 1: 2021 2Q Investor Update

    4904 (TWSE) 2021 2Q Investor Update Chee Ching, President Sharon Lin, CFO & Gary Lai, IR Far EasTone Telecom

  2. Slide 2: Disclaimer

    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 results may differ materially from those expressed or implied by these forward-looking statements. Beca

  3. Slide 3: Agenda

     FET 1H Performance Overview AGENDA  Business Highlights  2H Priorities 2

  4. Slide 4: Taiwan's Mobile Market

    Taiwan’s Mobile Market Total Mobile Customers(1) Mobile Service Revenue of Big 3(2) millions NT$mn, % 29.5 38,343 38,184 29.1 29.1 29.2 29.3 29.4 37,592 37,747 38,037 37,849 1.6% YoY -1.3% -3.4% -5.5% -6.5% -5.5% 1Q20 2Q20 3Q20 4Q20 1Q21 May21 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21  With the market saturate

  5. Slide 5: FET Solid 1H Performance

    FET Solid 1H Performance Item 2021 2Q 2021 2Q 2021 1H 2021 1H Ach. Rate % Ach. Rate % Unit: NT$ mn, except for EPS Result Guidance Result Guidance Total Revenue 19,498 19,208 101.5% 40,334 39,393 102.4% EBITDA 6,987 6,652 105.0% 13,786 13,284 103.8% Net Income 1,973 1,636 120.6% 3,784 3,283 115.2% E

  6. Slide 6: FET Mobile Service Growth Resumed

    FET Mobile Service Growth Resumed Mobile Service Rev and Growth % Postpaid and Blended ARPU NT$mn, % NT$ Postpaid ARPU 0.5% Blended ARPU YoY 1.6% 12,078 12,072 713 703 698 704 701 706 YoY 11,876 11,796 11,980 11,933 569 568 560 558 565 563 1.7% YoY -1.2% -3.2% -5.0% -5.7% -5.3% 1Q20 2Q20 3Q20 4Q20

  7. Slide 7: FET Financial Highlight

    FET Financial Highlight Total Revenue and Growth % EBITDA and Growth % NT$mn NT$mn 22,807 20,836 19,389 18,675 18,630 19,498 7,003 6,885 6,812 6,900 6,799 6,987 7.5% 7.5% 4.4% YoY 1.5% YoY -2.7% -2.9% -6.9% -8.6% -13.0% -6.3% -6.9% -5.3% 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 

  8. Slide 8: Agenda

     FET 1H Performance Overview AGENDA  Business Highlights  2H Priorities 7

  9. Slide 9: FET Postpaid customer # continues to grow

    FET Postpaid customer # continues to grow # of Postpaid Subscribers Postpaid Churn Rate thousands % 1.3% YoY Record 5,407 5,417 5,430 low 5,361 5,361 5,377 1.3% 1.3% 1.1% 1.1% 1.0% 1.0% 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21  # of postpaid customers continued to  Average post

  10. Slide 10: FET 1H 2021 – 5G Update

    FET 1H 2021 – 5G Update Approaching > 90% >7500 5G BTS World-class 900k 5G subs; signed up for deployed; 90% coverage in all 6 5G targeting 1mn high rate plan; major cities ; target performance by end of >20% Monthly Fee uplift for 90%+ nation wide 360 Mbps August renewals in 4Q 21 9

  11. Slide 11: FET New Economy – the growth engine

    FET New Economy – the growth engine New Economy Revenue % 2021 1H Major Growth Areas % 15% 16% 13% 10% Mobile Commerce 8% 37% YoY 5% 12% Revenue YoY 6% YoY Media services Contract value  30% YoY 2016 2017 2018 2019 2020 2021  47% YoY 1H  1H new economy revenue grew 12% YoY; Direct Carrier Bill

  12. Slide 12: Rising Smart ICT demands

    Rising Smart ICT demands Smart Health Smart Government 5G Private Network  Ministry of Health and  Various Gov agencies going  Demand for Private Welfare (MoHW) has through Digital Network grew during budgeted for 5G enabled Transformation pandemic Telemedicine to be  Needs arise from Core  Opt

  13. Slide 13: Major Awards Received in 2Q

    Major Awards Received in 2Q #1 in Small & Carbon Midcap Telecom Disclosure CDP Supplier for Best CEO, Project Engagement CFO, IR & ESG Grade B Rating A Top 5% Taiwan Chain Stores & Corporate The Best Franchise Association Governance Innovation Management Angel Award Companies for 7 years Silver Awar

  14. Slide 14: Support for Our Community

    Support for Our Community 5G & Telemedicine for Help fight off Covid-19 with Urban residents our IT & Network technology  Enabled telemedicine service in Taipei  Provide cloud service for Covid- (First in urban area) with Far Eastern 19 vaccination registration and Memorial Hospital and 5 other Hs

  15. Slide 15: Agenda

     FET 1H Performance Overview AGENDA  Business Highlights  2H Priorities 14

  16. Slide 16: 2H Priorities

    1 Accelerate 5G coverage and User penetration 2 Grow total customer value – FET Mobile Circle 2H 3 Expand ICT business Priorities through Cross-industry Alliance 4 Control Costs & Smart Capital 5 Enhance Customer Experience 15

  17. Slide 17: Q&A

    Q&A For Further Information, Websites email http://corporate.fetnet.net Investor Relations http://www.fetnet.net IR@fareastone.com.tw 16

Far EasTone Telecommunications — Q2 2021 Earnings Presentation on 6ix