Executive Summary 1-60 Methodology & Definitions 2 Overview 3-12 Asia Pacific Net New Pay-TV Subs 6 Asia Pacific Incremental Revenues 7 Economic Trends in Asia Pacific 7 Analysis of Pay-TV ARPU and Penetration Dynamics in Asia Pacific (2012) 8 Analysis of Pay-TV ARPU and Penetration Dynamics in Asia Pacific (2020) 8 Asia Pacific Multichannel Pay-TV Penetration 9 Asia Pacific Pay-TV Revenue Progression 9 Asia Pacific Pay-TV ARPU Dynamics (US$, Monthly) 10 Asia Pacific Pay-TV Advertising (US$ mil.) 10 Asia Pacific Next-Generation DTV Deployment 11 Asia Pacific Pay-TV Market Share Dynamics 11 Asia Pacific Fixed Broadband Market Share Dynamics 12 Asia Pacific Broadband Deployment 12 Market Projections (2004-2020) 13-40 Population (000) 13 Total Households (000) 13 TV Homes (000) 13 TV Penetration of Total Households (%) 13 Pay-TV Subs (000) 14 Net Pay-TV Adds (000) 14 Pay-TV Penetration of TV Homes (%) 14 Total Pay-TV Subs (incl. customers that subscribe to multiple platforms) (000) 15 Pay-TV Penetration of TV Homes (incl. customers that subscribe to multiple platforms) (%) 15 Digital Pay-TV Subs (000) 15 Digital Pay-TV Penetration of TV Homes (%) 16 Digital Pay-TV Subs (incl. customers that subscribe to multiple platforms) (000) 16 Digital Pay-TV Penetration of TV Homes (incl. customers that subscribe to multiple platforms) (%) 16 Digital Penetration of Total Pay-TV Subs (%) 17 Digital Penetration of Total Pay-TV Subs (incl. customers that subscribe to multiple platforms) (%) 17 HD Pay-TV Subs (000) 17 HD Pay-TV Penetration of TV Homes (%) 18 HD Penetration of Total Digital Pay-TV Subs (%) 18 DVR Subs (000) 18 DVR Penetration of Total Digital Pay-TV Subs (%) 19 Cable TV Subs (000) 19 Cable TV Penetration of TV Homes (%) 19 Digital Cable TV Subs (000) 20 Digital Cable TV Penetration of TV Homes (%) 20 Digital Cable Penetration of Total Cable TV Subs (%) 20 DTH Satellite Subs (000) 21 DTH Satellite Penetration of TV Homes (%) 21 IPTV Subs (000) 21 IPTV Penetration of TV Homes (%) 22 Cable TV Share of Total Pay-TV Subs (%) 22 DTH Satellite Share of Total Pay-TV Subs (%) 22 IPTV Share of Total Pay-TV Subs (%) 22 Digital Cable TV Share of Digital Pay-TV Subs (%) 23

II Asia Pacific Pay-TV & Broadband Markets 2013 table of contents

DTH Satellite Share of Digital Pay-TV Subs (%) 23 IPTV Share of Digital Pay-TV Subs (%) 23 HD Cable Subs (000) 23 HD DTH Subs (000) 24 HD IPTV Subs (000) 24 Cable DVR Subs (000) 24 DTH DVR Subs (000) 24 IPTV DVR Subs (000) 25 Broadband Subs (000) 25 Fixed Broadband Penetration of Total Households (%) 25 Wireless Broadband Penetration of Population (%) 25 Fixed Broadband Subs (000) 26 Wireless Broadband Subs (000) 26 Cable Modem Broadband Subs (000) 26 ADSL Broadband Subs (000) 26 FTTx Broadband Subs (000) 27 Fixed Share of Broadband Subs (%) 27 Wireless Share of Broadband Subs (%) 27 Cable Share of Fixed Broadband Subs (%) 27 ADSL Share of Fixed Broadband Subs (%) 28 FTTx Share of Fixed Broadband Subs (%) 28 Cable Telephony Subs (000) 28 Total Pay-TV Industry Revenue (US$ mil.) 29 Pay-TV Subscription Revenue (US$ mil.) 29 Pay-TV Monthly ARPU (US$) 29 Net Pay-TV Advertising Revenue (US$ mil.) 30 Analog Pay-TV Subscription Revenue (US$ mil.) 30 Digital Pay-TV Subscription Revenue (US$ mil.) 30 SD Pay-TV Subscription Revenue (US$ mil.) 31 HD Pay-TV Subscription Revenue (US$ mil.) 31 VAS Subscription Revenue (US$ mil.) 31 VOD Revenue (US$ mil.) 31 DVR Revenue (US$ mil.) 32 PPV/NVOD Revenue (US$ mil.) 32 Total Cable TV Revenue (US$ mil.) 32 Total DTH Satellite Revenue (US$ mil.) 32 Total IPTV Revenue (US$ mil.) 33 Cable TV Monthly ARPU (US$) 33 DTH Satellite Monthly ARPU (US$) 33 IPTV Monthly ARPU (US$) 33 Cable TV Subscription Revenue (US$ mil.) 34 DTH Satellite Subscription Revenue (US$ mil.) 34 IPTV Subscription Revenue (US$ mil.) 34 Cable TV Net Advertising Revenue (US$ mil.) 34 DTH Satellite Net Advertising Revenue (US$ mil.) 35 IPTV Net Advertising Revenue (US$ mil.) 35 Cable TV Share of Total Pay-TV Subscription Revenue (%) 35 DTH Satellite Share of Total Pay-TV Subscription Revenue (%) 35 IPTV Share of Total Pay-TV Subscription Revenue (%) 36 Broadband Industry Subscription Revenue (incl. cable telephony) (US$ mil.) 36

Asia Pacific Pay-TV & Broadband Markets 2013 III table of contents

Fixed Broadband Monthly ARPU (US$) 36 Wireless Broadband Monthly ARPU (US$) 36 ADSL Monthly ARPU (US$) 37 FTTx Monthly ARPU (US$) 37 Cable Modem Broadband Monthly ARPU (US$) 37 Cable Telephony Monthly ARPU (US$) 37 Fixed Broadband Subscription Revenue (US$ mil.) 38 Wireless Broadband Subscription Revenue (US$ mil.) 38 ADSL Subscription Revenue (US$ mil.) 38 FTTx Subscription Revenue (US$ mil.) 38 Cable Modem Broadband Subscription Revenue (US$ mil.) 39 Cable Telephony Subscription Revenue (US$ mil.) 39 Total Cable Industry (Video, Voice, Data) Sub Revenue (US$ mil.) 39 Total Telco Broadband (Broadband + IPTV) Industry Revenue (US$ mil.) 39 Total Pay-TV + Broadband Industry Revenue (US$ mil.) 40 Pay-TV as % of Total Pay-TV and Broadband Industry Revenue (%) 40 Broadband Internet and Telephony as % of Total Pay-TV and Broadband Industry Revenue (%) 40 Market Rankings (2012/2017/2020) 41-60 Pay-TV Subs (000) 41 Pay-TV Penetration of TV Homes (%) 41 Pay-TV Subs (incl. customers that subscribe to multiple platforms) (000) 41 Pay-TV Penetration of TV Homes (incl. customers that subscribe to multiple platforms) (%) 41 Digital Pay-TV Subs (000) 42 Digital Pay-TV Penetration of TV Homes (%) 42 Digital Pay-TV Subs (incl. customers that subscribe to multiple platforms) (000) 42 Digital Pay-TV Penetration of TV Homes (incl. customers that subscribe to multiple platforms) (%) 42 Digital Penetration of Total Pay-TV Subs (%) 43 Digital Penetration of Total Pay-TV Subs (incl. customers that subscribe to multiple platforms) (%) 43 HD Pay-TV Subs (000) 43 HD Pay-TV Penetration of TV Homes (%) 43 HD Pay-TV Penetration of Digital Pay-TV Subs (%) 44 DVR Pay-TV Subs (000) 44 DVR Pay-TV Penetration of Digital Pay-TV Subs (%) 44 Cable TV Subs (000) 44 Cable TV Penetration of TV Homes (%) 45 Digital Cable TV Subs (000) 45 Digital Cable TV Penetration of TV Homes (%) 45 Digital Cable TV Penetration of Total Cable TV Subs (%) 45 DTH Satellite Subs (000) 46 DTH Satellite Penetration of TV Homes (%) 46 IPTV Subs (000) 46 IPTV Penetration of TV Homes (%) 46 Broadband Internet Subs (000) 47 Fixed Broadband Internet Penetration of Total Households (%) 47 Fixed Broadband Subs (000) 47 Cable Broadband Subs (000) 47 ADSL Broadband Subs (000) 48 FTTx Broadband Subs (000) 48 Fixed Share of Broadband Subs (%) 48 Cable Share of Fixed Broadband Subs (%) 48

IV Asia Pacific Pay-TV & Broadband Markets 2013 table of contents

ADSL Share of Fixed Broadband Subs (%) 49 FTTx Share of Fixed Broadband Subs (%) 49 Cable Telephony Subs (000) 49 Total Pay-TV Industry Revenue (US$ mil.) 49 Pay-TV Subscription Revenue (US$ mil.) 50 Pay-TV Monthly ARPU (US$) 50 Pay-TV Net Advertising Revenue (US$ mil.) 50 Total Cable TV Revenue (US$ mil.) 50 Total DTH Satellite Revenue (US$ mil.) 51 Total IPTV Revenue (US$ mil.) 51 Cable TV Monthly ARPU (US$) 51 DTH Satellite Monthly ARPU (US$) 51 IPTV Monthly ARPU (US$) 52 Cable TV Subscription Revenue (US$ mil.) 52 DTH Satellite Subscription Revenue (US$ mil.) 52 IPTV Subscription Revenue (US$ mil.) 52 Cable TV Net Advertising Revenue (US$ mil.) 53 DTH Satellite Net Advertising Revenue (US$ mil.) 53 IPTV Net Advertising Revenue (US$ mil.) 53 Cable TV Share of Total Pay TV Subs (%) 53 DTH Satellite Share of Total Pay TV Subs (%) 54 IPTV Share of Total Pay TV Subs (%) 54 Analog Pay TV Sub Revenue (US$ mil.) 54 Digital Pay TV Sub Revenue (US$ mil.) 54 HD Pay TV Sub Revenue (US$ mil.) 55 VAS Sub Revenue (US$ mil.) 55 VOD Revenue (US$ mil.) 55 DVR Revenue (US$ mil.) 55 PPV/NVOD Revenue (US$ mil.) 56 Total Broadband Industry Subscription Revenue (US$ mil.) 56 Fixed Broadband Monthly ARPU (US$) 56 ADSL Monthly ARPU (US$) 56 FTTx Monthly ARPU (US$) 57 Cable Modem Monthly ARPU (US$) 57 Cable Telephony Monthly ARPU (US$) 57 Fixed BB Subscription Revenue (US$ mil.) 57 ADSL Subscription Revenue (US$ mil.) 58 FTTx Subscription Revenue (US$ mil.) 58 Cable Modem Subscription Revenue (US$ mil.) 58 Cable Telephony Subscription Revenue (US$ mil.) 58 Total Cable Industry (Video, Voice, Data) Subscription Revenue (US$ mil.) 59 Total Telco Broadband (Broadband + IPTV) Industry Revenue (US$ mil.) 59 Total Pay-TV & Broadband Industry Revenue (US$ mil.) 59 Pay-TV as % of Total Pay-TV and Broadband Industry Revenue (%) 59 Broadband Internet and Telephony as % of Total Pay-TV and Broadband Industry Revenue (%) 60

Regional Cable TV & Broadband Operators 61-80 Sector Highlights 62-64 Asia Pacific Broadband Cable TV Development: A Summary 63 Asia Pacific Cable TV Subscriber Development 63

Asia Pacific Pay-TV & Broadband Markets 2013 V table of contents

Asia Pacific Cable Subscription Revenue Progression 64 Leading Operators 65-80 Leading Asia Pacific Cable Operators: Ranked by Cable TV Subs (Y/E Dec. 2012) 72 Ranked by Digital Cable TV Subs (Y/E Dec. 2012) 73 Ranked by Fixed BB Subs (Y/E Dec. 2012) 73 Ranked by Cable TV ARPU (Y/E Dec. 2012) 74 Ranked by Broadband ARPU (Y/E Dec. 2012) 74 Ranked by Turnover (Y/E Dec. 2012) 75 Ranked by EBITDA (Y/E Dec. 2012) 76 Ranked by Margin (Y/E Dec. 2012) 77 Regional Cable Operators (Listings) 78-80

Regional DTH Satellite Pay-TV Operators 81-91 Sector Highlights 82-83 Asia Pacific DTH Satellite Development: A Summary 83 Asia Pacific DTH Penetration Dynamics 83 Leading DTH Markets by 2020 83 Leading Operators 84-89 Leading Asia Pacific DTH Operators: Ranked by DTH Subs (Y/E Dec. 2012) 88 Ranked by ARPU (Y/E Dec. 2012) 88 Ranked by Turnover (Y/E Dec. 2012) 89 Ranked by EBITDA (Y/E Dec. 2012) 89 Ranked by EBITDA Margin (Y/E Dec. 2012) 89 Regional DTH Operators (Listings) 90-91

Regional IPTV & Broadband Operators 92-99 Sector Highlights 93-94 Asia Pacific Broadband Pay-TV Development: A Summary 94 Leading IPTV Markets by 2020 94 Leading Operators 95-98 Leading Asia Pacific IPTV Operators: Ranked by IPTV Subs (Y/E Dec. 2012) 98 Ranked by BB Subs (Y/E Dec. 2012) 98 Ranked by IPTV ARPU (Y/E Dec. 2012) 98 Regional IPTV Operators (Listings) 99

Regional Broadcasters 100-129 Sector Highlights 101-102 Leading Pay-TV Broadcast Groups (Ranked by EBITDA) 102 Pay-TV Channel Economics 102 Sector Analysis 103-105 Leading Local Advertising Markets by 2020 104 Pay-TV Advertising Share of Total TV Advertising, 2012 vs 2017 (Ranked by Markets) 104 Pay-TV Channel Subscription Fees: Leading Markets, 2020 105 Leading Markets for Pay-TV Channels in Asia Pacific by 2020 105 Market Analysis 106-119

VI Asia Pacific Pay-TV & Broadband Markets 2013 table of contents

Market Projections (2004-2020) 120-122 Asia Pacific Pay-TV Channels: Total Revenue (US$ mil.) 120 Subscription Revenue (US$ mil.) 120 Advertising Revenue (US$ mil.) 120 Advertising Revenue Portion of Total Channel Revenue (US$ mil.) 121 Subscription Revenue Portion of Total Channel Revenue (%) 121 Total Average Monthly Revenue Per Sub (US$) 121 Share of Total Pay-TV Industry Subscription Revenue (%) 122 Market Rankings (2012/2017/2020) 123-124 Asia Pacific Pay-TV Channels: Total Revenue (US$ mil.) 123 Subscription Revenue (US$ mil.) 123 Advertising Revenue (US$ mil.) 123 Advertising Revenue Portion of Total Channel Revenue (US$ mil.) 123 Subscription Revenue Portion of Total Channel Revenue (%) 124 Total Average Monthly Revenue Per Sub (US$) 124 Distribution Margin (%) 124 Regional Broadcasters (Listings) 125-129

Regional Digital & Interactive 130-165 Sector Highlights 131-134 Asia Pacific Digital Pay-TV Projections 132 Leading Asia Digital Pay-TV Operators: Ranked by Digital Pay-TV Subs (Y/E Dec. 2012) 132 Subscription Revenue Progression, 2004-2020 133 Market Analysis 135-150 Market Projections (2004-2020) 151-156 Asia Pacific Digital Pay-TV Subs (000) 151 Asia Pacific Digital Pay-TV Penetration of TV Homes (%) 151 Asia Pacific Digital Pay-TV Subs (incl. customers that subscribe to multiple platforms) (000) 151 Asia Pacific Digital Pay-TV Penetration of TV Homes (incl. customers that subscribe to multiple platforms) (%) 151 Asia Pacific Digital Penetration of Total Pay-TV Subs (%) 152 Asia Pacific Digital Penetration of Total Pay-TV Subs (incl. customers that subscribe to multiple platforms) (%) 152 Asia Pacific HD Pay-TV Subs (000) 152 Asia Pacific HD Pay-TV Penetration of TV Homes (%) 152 Asia Pacific HD Penetration of Total Digital Pay-TV Subs (%) 153 Asia Pacific DVR Subs (000) 153 Asia Pacific DVR Penetration of Total Digital Pay-TV Subs (%) 153 Asia Pacific Digital Cable TV Subs (000) 153 Asia Pacific DTH Satellite Subs (000) 154 Asia Pacific IPTV Subs (000) 154 Asia Pacific Digital Cable TV Penetration of TV Homes (%) 154 Asia Pacific Digital Cable Penetration of Total Cable TV Subs (%) 154 Asia Pacific DTH Satellite Penetration of TV Homes (%) 155 Asia Pacific IPTV Penetration of TV Homes (%) 155 Asia Pacific Digital Pay-TV Subscription Revenue (US$ mil.) 155 Asia Pacific HD Pay-TV Subscription Revenue (US$ mil.) 155 Asia Pacific VAS Subscription Revenue (US$ mil.) 156 Market Rankings (2012/2017/2020) 157-161 Asia Pacific Digital Pay-TV Subs (000) 157

Asia Pacific Pay-TV & Broadband Markets 2013 VII table of contents

Asia Pacific Digital Pay-TV Penetration of TV Homes (%) 157 Asia Pacific Digital Pay-TV Subs (incl. customers that subscribe to multiple platforms) (000) 157 Asia Pacific Digital Pay-TV Penetration of TV Homes (incl. customers that subscribe to multiple platforms) (%) 158 Asia Pacific Digital Penetration of Total Pay-TV Subs (%) 158 Asia Pacific Digital Penetration of Total Pay-TV Subs (incl. customers that subscribe to multiple platforms) (%) 158 Asia Pacific HD Pay-TV Subs (000) 158 Asia Pacific HD Pay-TV Penetration of TV Homes (%) 159 Asia Pacific HD Pay-TV Penetration of Digital Pay-TV Subs (%) 159 Asia Pacific DVR Pay-TV Subs (000) 159 Asia Pacific DVR Pay-TV Penetration of Digital Pay-TV Subs (%) 159 Asia Pacific Digital Cable TV Subs (000) 160 Asia Pacific Digital Cable TV Penetration of TV Homes (%) 160 Asia Pacific Digital Cable TV Penetration of Total Cable TV Subs (%) 160 Asia Pacific DTH Satellite Subs (000) 160 Asia Pacific Digital DTH Satellite Penetration of TV Homes (%) 161 Asia Pacific IPTV Subs (000) 161 Asia Pacific IPTV Penetration of TV Homes (%) 161 Digital Technology Providers (Listings) 162-165

Regional Broadcasting & Pay-TV Finance 166-183 Sector Highlights 167-168 Asia Pacific Pay-TV & Broadband Operators by Market Value 168 Asia Pacific Pay-TV & Broadband Operator Valuations 168 Asia Pacific Pay-TV & Broadband Operators - Stock Price Performance (2012) 168 Sector Analysis 169-172 Asia Pacific Broadband Pay-TV Operator Valuations 169 Leading Asia Pacific Broadband Pay-TV Operators: Ranked by Turnover 169 Leading Asia Pacific Broadband Pay-TV Operators: Ranked by EBITDA 169 Leading Asia Pacific Broadcasters: Ranked by Turnover 170 Leading Asia Pacific Broadcasters: Ranked by EBITDA 170 Leading Asia Pacific Broadcasters: Ranked by EBTIDA Margin 170 Asia Pacific Broadcasting & Pay-TV M&A (2012) 171 Asia Pacific Pay-TV & Broadcasting IPOs (2012) 172 Asia Pacific Pay-TV & Broadcasting Bonds (2012) 172 Asia Pacific Pay-TV & Broadcasting Loans (2012) 172 Strategic Investors, Financial & Venture Cap Investors (Listings) 173-183

Regional Regulation 184-192 Overview 185 Sector Analysis 185-190 Regulatory Bodies (Listings) 191-192

Australia 193-210 Operating Indicators 194 Market Highlights 195 Broadband Pay-TV Industry Economics 195 Market Analysis 196-205 Australia Pay-TV & Broadband Market Model: Historicals & Forecasts 201-205 Operator Profiles 206-207

VIII Asia Pacific Pay-TV & Broadband Markets 2013 table of contents

Foxtel 206 Telstra Corp. 207 Pay-TV Prices & Packs 208-209 Foxtel 208 Telstra Corp. 209 Internet Prices & Packs 210 Telstra Corp. 210

Cambodia 211-213 Operating Indicators 212 Market Highlights 212 Market Analysis 212-213

China 214-235 Operating Indicators 215 Market Highlights 216 Broadband Pay-TV Industry Economics 216 Market Analysis 217-226 China Pay-TV & Broadband Market Model: Historicals & Forecasts 222-226 Operator Profiles 227-231 Oriental Cable TV Network 227 Shenzhen Topway 228 China Cable Network 229 Beijing Gehua Cable TV Network 230 China Telecom 231 Pay-TV Prices & Packs 232-235 Oriental Cable 232-233 Shenzhen Topway 234-235

Hong Kong 236-261 Operating Indicators 237 Market Highlights 238 Broadband Pay-TV Industry Economics 238 Market Analysis 239-248 Hong Kong Pay-TV & Broadband Market Model: Historicals & Forecasts 244-248 Operator Profiles 249-252 i-Cable Communications 249 PCCW 250 TVB Pay Vision 251 Hong Kong Broadband Network 252 Pay-TV Prices & Packs 253-260 Now TV (PCCW) 253-257 TVB Pay Vision 258 i-Cable Communications 259-260 Internet Prices & Packs 261 PCCW 261 i-Cable Communications 261

Asia Pacific Pay-TV & Broadband Markets 2013 IX table of contents

India 262-322 Operating Indicators 263 Market Highlights 264-265 Broadband Pay-TV Industry Economics 265 Market Analysis 266-283 India Pay-TV & Broadband Market Model: Historicals & Forecasts 279-283 Operator Profiles 284-296 Hathway Cable & Datacom 284 Den Networks Ltd 285 IndusInd Media & Communications Ltd (InCable) 286 Siti Cable Network Limited (Siti Cable) 287 You Broadband & Cable India Ltd 288 Ortel Communications 289 Digicable Network (India) Private Limited 290 Dish TV India Ltd 291 Tata Sky Ltd 292 Sun Direct TV (P) Ltd 293 Reliance Big TV Ltd 294 Bharti Telemedia Ltd 295 Videocon d2h 296 Pay-TV Prices & Packs 297-322 Hathway Cable & Datacom 297-306 Den Networks Ltd 307-309 Dish TV India Ltd 310-313 Tata Sky Ltd 314-315 Airtel Digital TV (Bharti Telemedia Ltd) 316-318 Videocon d2h 319-322

Indonesia 323-361 Operating Indicators 324 Market Highlights 325 Broadband Pay-TV Industry Economics 325 Market Analysis 326-340 Indonesia Pay-TV & Broadband Market Model: Historicals & Forecasts 335-340 Operator Profiles 341-348 PT MNC Sky Vision 341 PT First Media 342 PT Indonusa Telemedia 343 Aora TV 344 PT Mega Media Indonesia 345 PT Telekomunikasi Indonesia (Telkom) 346 Biznet 347 PT NexMedia 348 Pay-TV Prices & Packs 349-360 Indovision (MNC Sky Vision) 349-350 Top TV (MNC Sky Vision) 351 OkeVision (MNC Sky Vision) 352 PT First Media TV (LinkNet) 353-355 Aora TV 356 PT NexMedia 357

X Asia Pacific Pay-TV & Broadband Markets 2013 table of contents

TelkomVision (Telkom) 358-359 Orange TV (Mega Media) 360 Internet Prices & Packs 361 Biznet 361 PT First Media (LinkNet) 361

Japan 362-383 Operating Indicators 363 Market Highlights 364 Broadband Pay-TV Industry Economics 364 Market Analysis 365-373 Japan Pay-TV & Broadband Market Model: Historicals & Forecasts 365-373 Operator Profiles 374-376 Jupiter Telecommunications (J:COM) 374 Sky Perfect JSAT 375 Nippon Telegraph and Telephone Corp. (NTT) 376 Pay-TV Prices & Packs 377-382 J:COM (Jupiter Telecommunications) 377-378 Sky PerfecTV! (Sky Perfect JSAT) 379-381 Hikari TV (Nippon Telegraph and Telephone Corp.) 382 Internet Prices & Packs 383 J:COM (Jupiter Telecommunications) 383

Korea 384-410 Operating Indicators 385 Market Highlights 386 Broadband Pay-TV Industry Economics 386 Market Analysis 387-398 Korea Pay-TV & Broadband Market Model: Historicals & Forecasts 393-398 Operator Profiles 399-406 KT SkyLife 399 KT Corp. (KT) 400 CJ HelloVision 401 T-Broad 402 Cable & Multimedia (C&M) Communications 403 SK Broadband (SKB) 404 LG U+ 405 Hyundai Communications Network (HCN) 406 Pay-TV Prices & Packs 407-408 KT SkyLife 407-408 Internet Prices & Packs 409-410 Hyundai Communications Network (HCN) 409 CJ HelloVision 409 Cable & Multimedia (C&M) Communications 409 T-Broad 409 KT SkyLife 410 SK Broadband (SKB) 410 KT Corp. (KT) 410 LG U+ 410

Asia Pacific Pay-TV & Broadband Markets 2013 XI table of contents

Malaysia 411-428 Operating Indicators 412 Market Highlights 413 Broadband Pay-TV Industry Economics 413 Market Analysis 414-422 Malaysia Pay-TV & Broadband Market Model: Historicals & Forecasts 419-422 Operator Profiles 423-424 Astro Malaysia Holdings 423 Telekom Malaysia 424 Pay-TV Prices & Packs 425-427 Astro 425-426 HyppTV (Telekom Malaysia) 427 Internet Prices & Packs 428 UniFi (Telekom Malaysia) 428

Myanmar 429-433 Operating Indicators 430 Market Highlights 430 Market Analysis 430-433

New Zealand 434-449 Operating Indicators 435 Market Highlights 436 Broadband Pay-TV Industry Economics 436 Market Analysis 437-446 New Zealand Pay-TV & Broadband Market Model: Historicals & Forecasts 442-446 Operator Profile 447 Sky Network Television (Sky TV) 447 Pay-TV Prices & Packs 448-449 Sky Network Television 448 Igloo 449

Pakistan 450-460 Operating Indicators 451 Market Highlights 452 Broadband Pay-TV Industry Economics 452 Market Analysis 453-458 Pakistan Pay-TV & Broadband Market Model: Historicals & Forecasts 456-458 Operator Profiles 459-460 Pakistan Telecommunication Co. Ltd 459 WorldCall Telecom Ltd 460

Philippines 461-489 Operating Indicators 462 Market Highlights 463 Broadband Pay-TV Industry Economics 463 Market Analysis 464-476 Philippines Pay-TV & Broadband Market Model: Historicals & Forecasts 472-476 Operator Profiles 477-480 SkyCable Corp. 477

XII Asia Pacific Pay-TV & Broadband Markets 2013 table of contents

MediaQuest Holdings Inc. 478 Philippine Long Distance Telephone Co. (PLDT) 479 Globe Telecom Inc. 480

Pay-TV Prices & Packs 481-487 SkyCable Corp. 481-485 Cignal Digital TV (MediaQuest Holdings Inc.) 486-487 Internet Prices & Packs 488-489 PLDT 488 Globe Telecom 489

Singapore 490-506 Operating Indicators 491 Market Highlights 492 Broadband Pay-TV Industry Economics 492 Market Analysis 493-500 Singapore Pay-TV & Broadband Market Model: Historicals & Forecasts 496-500 Operator Profiles 501-502 StarHub 501 Singapore Telecommunications 502 Pay-TV Prices & Packs 53-505 StarHub Cable Vision 503-504 Mio TV (Singapore Telecommunications) 505 Internet Prices & Packs 506 StarHub 506 Singapore Telecommunications 506

Sri Lanka 507-523 Operating Indicators 508 Market Highlights 509 Broadband Pay-TV Industry Economics 509 Market Analysis 510-515 Sri Lanka Pay-TV & Broadband Market Model: Historicals & Forecasts 512-515 Operator Profile 516 Dialog Axiata 516 Pay-TV Prices & Packs 517-522 Dialog TV 517-519 LBN 520-521 Peo TV (Sri Lanka Telecom) 522 Internet Prices & Packs 523 Broadband (Sri Lanka Telecom) 523

Taiwan 524-550 Operating Indicators 525 Market Highlights 526 Broadband Pay-TV Industry Economics 526 Market Analysis 527-535 Taiwan Pay-TV & Broadband Market Model: Historicals & Forecasts 531-535 Operator Profiles 536-540 China Network Systems 536

Asia Pacific Pay-TV & Broadband Markets 2013 XIII table of contents

Kbro Co., Ltd 537 Taiwan Broadband Communications 538 Taiwan Mobile 539 Chunghwa Telecom Co., Ltd 540 Pay-TV Prices & Packs 541-549 China Network Systems 541-542 Kbro Co., Ltd 543-544 Taiwan Broadband Communications 545-546 Chunghwa Telecom Co., Ltd 547-549 Internet Prices & Packs 550 China Network Systems 550 Taiwan Broadband Communications 550 Chunghwa Telecom Co., Ltd 550

Thailand 551-570 Operating Indicators 552 Market Highlights 553 Broadband Pay-TV Industry Economics 553 Market Analysis 554-565 Thailand Pay-TV & Broadband Market Model: Historicals & Forecasts 561-565 Operator Profiles 566-568 True Corp. 566 GMM Z 567 Cable Thai Holding (CTH) 568 Pay-TV Prices & Packs 569-570 TrueVisions (True Corp.) 569-570

Vietnam 571-593 Operating Indicators 572 Market Highlights 573 Broadband Pay-TV Industry Economics 573 Market Analysis 574-584 Vietnam Pay-TV & Broadband Market Model: Historicals & Forecasts 580-584 Operator Profiles 585-589 VSTV (K+) 585 Saigontourist Cable Television Company (SCTV) 586 Vietnam Cable Television (VCTV) 587 Ho Chi Minh City Television Choice Centre (HTVC) 588 Audio Visual Global (AVG) 589 Pay-TV Prices & Packs 590-593 VSTV (K+) 590-591 AVG 592-593

XIV Asia Pacific Pay-TV & Broadband Markets 2013

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