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

Far EasTone Telecommunications — Q3 2014 Earnings Presentation

9 slides from Far EasTone Telecommunications's earnings presentation, Oct 28, 2014

  1. Slide 1: 2014 3Q Investor Update

    2014/10/28 4904 (TWSE) 2014 3Q Investor Update Yvonne Li President 2 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

  2. Slide 2: Taiwan Mobile Market

    2014/10/28 3 Agenda I. Market Overview II. 2014 3Q Performance III. Business Update 4 Taiwan Mobile Market Market Dynamic Market Update Mobile Service Rev Growth (1-3Q14 vs. 1-3Q13) For 3Q 2014, despite negative Impact 3% 2.3% from MTR, FET continued growing with… 2.0% 2% Mobile Service Rev up 2.6%

  3. Slide 3: Operational Performance: Increasing Subs

    2014/10/28 5 Agenda I. Market Overview II. 2014 3Q Performance III. Business Update 6 Operational Performance Increasing Subs Total Subscribers – continue to grow for 53 consecutive months ('000) 3% YoY 9,000 8,000 7,069 7,154 7,217 7,281 7,344 7,395 6,777 6,884 6,945 6,990 7,000 6,694 1,565 1,571 1

  4. Slide 4: Operational and Financial Performance: MOU, ARPU, Revenue

    2014/10/28 7 Operational Performance MOU and ARPU Postpaid Minutes of Use(1) FET’s Postpaid ARPU -1.7% -1.9% -0.5% Sep 14 Million Minutes -6.6%YoY NT$ YoY YoY YoY 1.4% 4500 1000 YoY 864 872 875 867 849 856 871 3,745 3,796 3,763 3,623 3,540 3,588 3,514 750 3000 500 1500 250 0 0 1Q13 2Q13 3Q13 4Q13 1Q

  5. Slide 5: Profitability and Mobile Data Performance

    2014/10/28 9 Financial Performance Profitability Consolidated EBITDA Net Income(1) -10.4% ($mn) -5.3% YoY ($mn) 8,000 YoY 3,469 3,500 7,077 3,132 3,187 3,110 7,000 6,741 6,698 2,857 6,525 6,386 3,000 2,783 2,727 6,142 6,191 6,000 2,500 2,000 5,000 1,500 4,000 1,000 3,000 500 2,000 0 1Q13 2Q13 3Q13 4

  6. Slide 6: Consolidated Financial Achievement vs. Forecast

    2014/10/28 11 Consolidated Financial Achievement 3Q’14 Actual vs. Forecast Item 3Q14 3Q13 3Q14 Achieve- YoY % Unit: NT$ mn, except for EPS Actual Actual Forecast ment % ▶ Total Revenue 23,249 22,124 5% 23,252 100% ▶ Service Revenue 18,228 18,004 1% 18,384 99% ▶ EBITDA 6,386 6,741 5% 6,499 98% ▶ Net

  7. Slide 7: Consolidated Financial: 3Q14 Financial Stats

    2014/10/28 13 Consolidated Financial 3Q14 Financial Stats (NT$ mm unless otherwise stated) As of 3Q14 As of 2Q14 Cash & Cash Equivalents 9,689 19,482 Available-for-Sale Financial Assets & Derivatives 711 751 Total Borrowing 29,839 30,587 Net Debt(1) 19,439 10,353 Shareholders’ Equity 71,428 68,507 D

  8. Slide 8: Smart Device Statistics and FET 4G Update

    2014/10/28 15 Smart Device Statistics Strong Data Growth driven by Smart Devices Uptake Some Statistics Smartphone Penetration* (%) Smart devices (smartphones + 75% tablets ) accounted 97% of total new devices sold in 3Q14 54%57% 51% 47% 50% 44% 41% 37% 57% of our postpaid subscribers are actually 2

  9. Slide 9: Management Highlight and Q&A

    2014/10/28 17 Management Highlight Key Message FET demonstrate the strongest revenue Mobile Service Rev YoY (%) momentum in 3Q which 5% 4.1% attributed to 4G subscriber 4% FET take-up and revenue 3% 1.9% 1.9% 1.8% contribution 2% 0.6% 1% CHT 0.3% 0.0% Confident to achieve 2014 0% -0.5% -1.3% TWM com

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