Q1 Results Presentation
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Qatar Signs Pact to Open Offices at Nato
MONDAY FEBRUARY 15, 2021 RAJAB 3, 1442 VOL.14 NO. 5182 QR 2 Fajr: 4:52 am Dhuhr: 11:48 am FINE Asr: 3:02 pm Maghrib: 5:28 pm HIGH : 28°C LOW : 18 °C Isha: 6:58 pm World 8 Business 9 Sports 13 Trump acquitted on fifth day of Ooredoo posts net profit Al Duhail drub Rayyan 2-0, Qatar second impeachment trial of QR1.1 billion SC win via last-minute penalty MESSAGE FOR AmIR FROM PRESIDENT OF GAMBIA Qatar signs pact to open offices Amir condoles with Argentine president at NATO HQs QNA DOHA Opening of mission offices will bolster Qatar-NATO ties QNA HIS Highness the Amir BRUSSELS of State of Qatar Sheikh Tamim bin Hamad Al Thani His Highness the Amir of State of Qatar Sheikh Tamim bin Hamad Al Thani has received a written mes- QATAR and the North Atlantic on Sunday sent a cable of sage from President of the Republic of The Gambia Adama Barrow. The message pertains to bilateral Treaty Organization (NATO) condolences to President relations and the ways to support and develop them. Deputy Prime Minister and Minister of Foreign on Sunday signed an agree- of the Argentine Republic Affairs HE Sheikh Mohammed bin Abdulrahman Al Thani received the message during a meeting with ment to open Qatar’s mission Alberto Fernandez on the Dr Mamadou Tangara, Special Envoy of the President of the Republic of The Gambia and Minister of offices and military represen- death of former Argentine Foreign Affairs, International Cooperation and Gambians Abroad, in Doha on Sunday. -
Indosat Ooredoo Selects Ericsson Operations Engine
PRESS RELEASE May 13, 2020 Indosat Ooredoo selects Ericsson Operations Engine • Deal will provide nationwide AI-driven managed services and network automation for Indosat Ooredoo in Indonesia • Indosat Ooredoo to launch Ericsson Operations Engine in July 2020 • Solution will deliver operational, energy, cost efficiency and strengthened network capabilities to Indosat Ooredoo Ericsson (NASDAQ: ERIC) has been selected by Indonesian communications service provider Indosat Ooredoo (IDX:ISAT) to provide AI-powered data driven and customer-centric managed network operations through the Ericsson Operations Engine. The five-year deal will see Indosat Ooredoo launching Ericsson Operation Engine in July 2020. Ericsson will deploy the latest automation, machine learning and AI technologies to enhance network performance and user experience. Ericsson will also manage Indosat Ooredoo’s network operations center and field maintenance activities across Indonesia. The deal builds on the long-standing collaboration between Ericsson and Indosat Ooredoo in Indonesia. This new partnership will leverage Ericsson’s global capabilities in AI-based data driven automated network technology upgrades to boost Indosat Ooredoo’s competitive edge. It will also deliver operational, energy and cost efficiency for Indosat Ooredoo and stronger network capabilities to deliver an enhanced end-user experience for its customers. Vikram Sinha, Chief Operating Officer, Indosat Ooredoo, says: “Network performance is key for customer satisfaction today, especially in a market -
News Release
NEWS RELEASE FOR IMMEDIATE RELEASE ST Telemedia and Qatar Telecom Form Strategic Alliance to Expand in the Asia-Pacific Region Qatar Telecom to invest a 25% equity stake in Asia Mobile Holdings Singapore and Qatar, 15 January 2007 – Singapore Technologies Telemedia Pte Ltd (“ST Telemedia”), a leading information-communications company with operations in the Asia-Pacific, the Americas and Europe, and Qatar Telecom (Qtel) QSC (“Qtel”), one of the Middle East’s fast- growing telecommunications companies, today announced the formation of a new strategic alliance to explore and invest in new mobile telecoms opportunities while strengthening existing businesses in the Asia-Pacific region. Agreements for the strategic alliance were signed on 12 January 2007 by ST Telemedia’s Deputy Chairman, Mr. Peter Seah, and President and Chief Executive Officer, Mr. Lee Theng Kiat; and Qtel’s Group Chairman, HE Sheikh Abdullah Bin Mohammed Bin Saud Al Thani, and Chief Executive Officer, Dr. Nasser Marafih. Under the terms of the Agreements, Qtel will invest up to US$635 million in cash for an approximate 25 percent equity stake in ST Telemedia’s Asia Mobile Holdings Pte. Ltd. (“AMH”). ST Telemedia will remain the controlling shareholder with an approximate 75 percent equity stake in AMH. The transaction values AMH at an enterprise value of up to US$3.5 billion. AMH will be the parties’ preferred vehicle for future mobile telecoms investments in selected key markets in the Asia-Pacific region. AMH currently holds ST Telemedia’s stakes in StarHub Ltd, Singapore’s second largest info- communication company, and PT Indosat Tbk, Indonesia’s second largest operator with over 14 million mobile subscribers. -
Indosat Ooredoo (ISAT IJ) Maintain Operational Momentum and Milestone Moment
Equity Research Result Note Friday,30 July 2021 BUY Indosat Ooredoo (ISAT IJ) Maintain Operational momentum and Milestone moment Last price (IDR) 5,925 Indosat delivered topline growth in 2Q21 amid market uncertainties and nd Target Price (IDR) 7,800 impact from tower sales and OPEX, posting quarterly net profit for 2 consecutive time. 2Q21 is an Indosat milestone with cash balances of Upside/Downside +31.6% Rp10.9tn, low leverage, and generating solid operating cashflow. Solid BUY Previous Target Price (IDR) 7,800 recommendation. Stock Statistics Navigating through a tough set of challenges. Indosat successfully navigated 2Q21 the market uncertainties from price competition, school subsidies, Sector Telco potential weakness in purchasing power, structural decline in legacy services. Bloomberg Ticker ISAT IJ The latest 4,247 towers sale by Indosat have permanent reduction impact of No of Shrs (mn) 5,434 tower leases revenue, whilst the sale lease back resulted into higher financial Mkt. Cap (IDRbn/USDmn) 32,196/2,221 cost from leases in 2Q21. Nonetheless Indosat marched through 2Q21 with great execution, and setting foundations with 5G initiatives for B2B. Avg. daily T/O (IDRbn/USDmn) 35.1/2.4 Solid effort by Indosat grinding to generate value. Indosat 2Q21 revenue were Major shareholders (%) Rp7.64tn delivering growth +4.0%qoq, demonstrating sound operations. Its Ooredoo Asia Pte. Ltd. 65.0 quarterly growth was based on ARPU improvement monetizing the subscriber base and lifting the average monthly data consumption over 10GB. This reflects Government 14.3 the positive reception by its users (Indosat exhibits gains in NPS, CSAT, and Estimated free float 20.7 brand equity). -
Ooredoo at a Glance 2021 (Read-Only)
Ooredoo at a Glance Disclaimer • Ooredoo (Parent company Ooredoo Q.S.C.) and the group of companies which it forms part of (“Ooredoo Group”) cautions investors that certain statements contained in this document state Ooredoo Group management's intentions, hopes, beliefs, expectations, or predictions of the future and, as such, are forward-looking statements. • Ooredoo Group management wishes to further caution the reader that forward-looking statements are not historical facts and are only estimates or predictions. Actual results may differ materially from those projected as a result of risks and uncertainties including, but not limited to: • Our aBility to manage domestic and international growth and maintain a high level of customer service • Future sales growth • Market acceptance of our product and service offerings • Our aBility to secure adequate financing or equity capital to fund our operations • Network expansion • Performance of our network and equipment • Our aBility to enter into strategic alliances or transactions • Cooperation of incumBent local exchange carriers in provisioning lines and interconnecting our equipment • Regulatory approval processes • Changes in technology • Price competition • Other market conditions and associated risks • This presentation does not constitute an offering of securities or otherwise constitute an invitation or inducement to any person to underwrite, suBscriBe for or otherwise acquire or dispose of securities in any company within the Ooredoo Group. • The Ooredoo Group undertakes no oBligation -
Division of Corporation Finance Incoming No-Action Letter: Qtel
Dewey & LeBoeuf LLP 1301 Avenue of the Americas New York, NY 10019-6092 tel +1 212 259 6640 fax +1 212 259 7407 [email protected] January 5, 2009 VIA EMAIL Office of Mergers and Acquisitions Division of Corporation Finance Securities and Exchange Commission 100 F. Street, N.E. Washington, D.C. 20549 Attn: Michele Anderson, Esq. Christina E. Chalk, Esq. Daniel F. Duchovny, Esq. Re: Mandatory Tender Offer for Series B Shares of PT Indosat Tbk Dear Mss. Anderson and Chalk and Mr. Duchovny: We are writing on behalf of Qatar Telecom (Qtel) Q.S.C., a corporation organized under the laws of Qatar (“Qtel”).1 On June 26, 2008 (the “Announcement Date”), in accordance with Indonesian law, Qtel announced its plans to make a tender offer, as mandated by applicable Indonesian law, to acquire all of the outstanding Series B common shares, par value Indonesia Rupiah 100 per share (“Series B Shares”), of PT Indosat Tbk, a publicly listed limited liability company established under the laws of the Republic of Indonesia (“Indosat”), including Series B Shares represented by American Depositary Shares (the “ADSs”). Qtel proposes to make the offer to acquire Series B Shares (including Series B Shares held as ADSs) pursuant to a dual offer structure, consisting of: • a U.S. offer open to all holders of ADSs wherever located (the “U.S. Offer”); and 1 We are admitted to practice only in the State of New York. To the extent this letter summarizes Indonesian law, we have relied on advice from Bahar & Partners, Qtel’s Indonesian counsel. -
Indosat Buy (ISAT IJ) (Maintain)
[Indonesia] Telecommunication Indosat Buy (ISAT IJ) (Maintain) 3Q20 review: Strong top-line growth, yet net loss TP: IDR3,050 recorded in 3Q20 Upside: 51.7% Mirae Asset Sekuritas Indonesia Lee Young Jun [email protected] Turn to net loss in 3Q20 High finance cost dragging down earnings improvement In 3Q20, Indosat (ISAT) booked a net loss of IDR116.4bn (vs. net profit of IDR47.3bn in 3Q19). While revenue increased by 8.8% YoY, EBIT and EBITDA grew by 39.0% YoY and 8.2% YoY, respectively. ISAT booked meaningful positive EBIT for two consecutive months, but bottom line turned negative as top line was not enough to cover finance cost. We think ISAT needs one to two fiscal years to sustainably exceed the breakeven point. Thus, we expect negative earnings to continue in 4Q20 and 2021. Of a note, cumulative 9M20 net loss came in at IDR457.5bn, achieving 34% and 48% of our and the consensus’ full-year estimate each. Data traffic as the key driver of 3Q20 operational highlights revenue growth ISAT booked strong revenue growth (8.8% YoY, 3.1% QoQ) in 3Q20 on the back of growing subscriber base and data traffic. ISAT added 3.2mn subscribers, bringing total subscribers to 60.4mn. Data traffic growth remained solid at 4.8% QoQ (1.6mn TB in 3Q20). However, quarterly ARPU decreased from IDR33.2k in 2Q20 to IDR32.3k in 3Q20, which we attribute to low cost-effective packages amid COVID-19. In 3Q20, ISAT’s total number of BTS decreased once again to 117k. -
Press Release
Press Release Ooredoo Q.P.S.C. Ooredoo Group reports QAR 7.8 bn in Revenue for Q1 2018 Group customer base up 1% to reach more than 150 million Doha, Qatar, 25 April 2018: Ooredoo Q.P.S.C. (“Ooredoo”) - Ticker: ORDS today announced results for the three months ended 31 March 2018. Financial Highlights: Quarterly Analysis % Q1 2018 Q1 2017 change Consolidated Revenue (QAR m) 7,763 8,044 -3% EBITDA (QAR m) 3,049 3,427 -11% EBITDA Margin (%) 39% 43% - Net Profit Attributable to Ooredoo Shareholders 486 584 -17% (QAR m) Consolidated Customer base (m) 150.5 149.1 1% Q1 2018 Revenue was QAR 7.8 billion, driven by strong contributions from Iraq, Kuwait, Tunisia, Palestine and Myanmar offset by Indonesia and Algeria. Group EBITDA stood at QAR 3.0 billion with a corresponding EBITDA margin of 39%. Excluding Foreign Exchange translation impact, Group EBITDA decreased by 10% year- on-year compared to the reported 11% decrease. Group Net Profit attributable to Ooredoo shareholders decreased by 17% to QAR 486 million. The positive performance in Iraq and Myanmar was offset by market challenges in Indonesia and Algeria. Increased monetization of data business, with significant data growth coming from consumer and enterprise customers: saw data revenue increasing to 43% of Group revenue. Revenue from data contributed QAR 3.3 billion in Q1 2018. Operational highlights: P a g e 1 | 5 Customer base is solid, increasing 1% yoy to more than 150 million, driven by multiple customer acquisition activities in Iraq, Tunisia, Maldives and Palestine. Ooredoo continues to be a data leader in its markets with 4G networks now available in 8 of Ooredoo’s 10 markets. -
Asia & Pacific
LTE‐ LTE‐ Region Country Operator LTE Advanced 5G Advanced Pro Asia & Pacific 162 72 5 25 American Samoa Total 21 0 0 American Samoa Telecom (BlueSky American Samoa Communications) 11 0 0 American Samoa Telecommunications American Samoa Authority (ASTCA) 10 0 0 Australia Total 43 1 3 Australia Optus Mobile 21 0 1 Australia Telstra 11 0 1 Australia Vodafone Hutchison Australia (VHA) 11 1 1 Bangladesh Total 41 0 0 Bangladesh Banglalink 10 0 0 Bangladesh GrameenPhone (GP) 10 0 0 Bangladesh Robi Axiata 11 0 0 Bangladesh Teletalk 10 0 0 Bhutan Total 20 0 0 Bhutan Bhutan Telecom (BT) 10 0 0 Bhutan Tashi InfoComm (TashiCell) 10 0 0 Brunei Total 40 0 0 Datastream Technology (DST Brunei Communications) 10 0 0 Brunei imagine (formerly Telekom Brunei) 10 0 0 Brunei Progresif 10 0 0 Brunei Unified National Networks (UNN) 10 0 0 Cambodia Total 43 0 0 Cambodia CamGSM (Cellcard) 11 0 0 Cambodia SEATEL (yes) 10 0 0 Cambodia Smart Axiata 11 0 0 Cambodia Viettel Cambodia (Metfone) 11 0 0 China Total 61 0 3 China China Mobile 20 0 1 China China Telecom Corporation 21 0 1 China China Unicom 20 0 1 Cocos (Keeling) Islands Total 00 0 0 Cook Islands Total 11 0 0 Vodafone Cook Islands (formerly Cook Islands Bluesky) 11 0 0 Fiji Total 22 1 0 Fiji Digicel Fiji 11 1 0 Fiji Vodafone Fiji 11 0 0 French Polynesia Total 30 0 0 French Polynesia Ora (Viti) 10 0 0 French Polynesia Vini 10 0 0 Vodafone French Polynesia (Pacific French Polynesia Mobile Telecom, PMT) 10 0 0 Guam Total 40 0 0 Guam Choice Phone (iConnect Guam) 10 0 0 Guam DOCOMO Pacific (Guam) 10 0 0 Guam GTA 10 0 0 Guam IT&E (Guam) 10 0 0 Hong Kong Total 64 2 4 China Mobile Hong Kong (CMHK, Hong Kong formerly Peoples) 21 1 1 Hong Kong HKT/PCCW (incl. -
Billing Code 4410-11 DEPARTMENT of JUSTICE
This document is scheduled to be published in the Federal Register on 02/12/2019 and available online at Billing Code 4410-11 https://federalregister.gov/d/2019-01984, and on govinfo.gov DEPARTMENT OF JUSTICE Antitrust Division Notice Pursuant to The National Cooperative Research and Production Act of 1993 -- Telemanagement Forum Notice is hereby given that, on January 29, 2019, pursuant to Section 6(a) of the National Cooperative Research and Production Act of 1993, 15 U.S.C. § 4301 et seq. (“the Act”), TeleManagement Forum (“The Forum”) filed written notifications simultaneously with the Attorney General and the Federal Trade Commission disclosing changes in its membership. The notifications were filed for the purpose of extending the Act’s provisions limiting the recovery of antitrust plaintiffs to actual damages under specified circumstances. Specifically, Shelter, London, UNITED KINGDOM; Somos, East Brunswick, NJ; PCCW Solutions Limited, Kowloon, HONG KONG-CHINA; Thunderhead, London, UNITED KINGDOM; CA IT Management Solutions Spain S.L., Barcelona, SPAIN; Corporate Software, Casablanca, MOROCCO; Concentra Consulting Limited, London, UNITED KINGDOM; Sparx Services North America, New Richmond, WI; COGNITY S.A., Marousi, GREECE; Cortex, Brierley Hill, UNITED KINGDOM; Diksha Technologies Pvt Ltd, Sadashivanagar, INDIA; Isoton, Adelaide, AUSTRALIA; EC4U Expert Consulting AG, Karlsruhe, GERMANY; Intrasoft International SA Luxembourg, Luxembourg City, LUXEMBOURG; Blue Prism, London, UNITED KINGDOM; Zen Internet Ltd, Rochdale, ENGLAND; LG -
Myanmar Dismantling Dissent Crackdowns on Internet Freedoms
MYANMAR DISMANTLING DISSENT CRACKDOWNS ON INTERNET FREEDOMS Supported by: Myanmar Dismantling Dissent Crackdowns on Internet Freedoms 2021 Asia Centre Copyright © 2021 Asia Centre. All rights reserved. Permission Statement: No part of this report in printed or electronic form may be reproduced, transmitted or utilised in any form or by any means, electronic, mechanical, photocopying or otherwise, without written permission of the Asia Centre. Copyright belongs to Asia Centre unless otherwise stated. Civil society organisations and educational institutions may use this report without requesting permission on the strict condition that such use is not for commercial purposes. When using or quoting this report, every reasonable attempt must be made to identify owners of the copyright. Errors or omissions will be corrected in subsequent editions. Requests for permission should include the following information: The title of the document for which permission to copy material is desired. A description of the material for which permission to copy is desired. The purpose for which the copied material will be used and the manner in which it will be used. Your name, title, company or organization name, telephone number, e-mail address and mailing address. Please send all requests for permission to: Asia Centre 128/183 Phayathai Plaza Building (17th Floor), Phayathai Road, Thung-Phayathai, Rachatewi, Bangkok 10400 Thailand [email protected] CONTENTS Acknowledgements v Abbreviations vi Executive Summary viii 1.Introduction 1 a.Methodology 1 b.Background -
Ooredoo Wins Big at 2021 Stevie International Business Awards
Established 1961 9 Business Sunday, September 5, 2021 Ooredoo wins big at 2021 Stevie International Business Awards Ooredoo takes home four gold, two silver and two bronze awards at IBAs DOHA: Ooredoo Group has won a total of eight enabler across our foot- awards at the 2021 edition of the Stevie International print and to continue • Ooredoo Kuwait’s My Ooredoo App was awarded a Gold Stevie in the ‘Mobile On-Demand Business Awards (IBAs), taking home four Gold, two enriching the digital lives of Silver and two Bronze awards. The Stevie IBAs honor our customers.” Application’ category the outstanding performance and positive contribu- Notably, Indosat • Ooredoo Kuwait’s Ooredoo Volunteer Program was awarded a Bronze Stevie for ‘Corporate Social tions of organizations worldwide. Ooredoo was recog- Ooredoo was awarded the Responsibility Program of the Year’. nized for its excellence and achievements in a range of Gold Stevie for ‘Company areas including outstanding leadership, network of the Year - • Award wins highlight excellence in the areas of leadership, innovation, network enhancement, cor- advancements, cutting-edge innovation for its My Telecommunications’ for its porate social responsibility and COVID-19 response Ooredoo app and application of artificial intelligence, 4G advancements, as well as well as for its valuable COVID-19 response pro- as strategic network and grams. Sheikh Mohammed Bin partnership achievements. for its Sensory Rooms Initiative under the ‘Corporate response program that supported employees, cus- Commenting on the awards, Sheikh Mohammed Bin Abdulla Bin Mohammed Indosat Ooredoo’s Social Responsibility Program of the Year’ category. tomers and local communities during the pandemic.