1 a History of Growth

Total Page:16

File Type:pdf, Size:1020Kb

1 a History of Growth Group Overview Jon Fredrik Baksaas – President and CEO A history of growth Learning the basics in Norway Selective international Consolidating mobile expansion 2000 positions • 1970’s: Pioneer in satellite EXIT 2004 communication Ireland EXIT • 1980’s: Pioneer in mobile (NMT and Germany Greece GSM) 1993 1995 2007 • 1990’s: Digitalisation of the fixed Hungary Ireland 1997 2005 EXIT Montenegro Greece Sweden Austria network -1970 1980 1990 2000 2007 2008 1966 1981 1993 1994 1998 2005 Manual Automated GSM Russia Ukraine Pakistan Mobile Mobile Norway Germany Norway Norway 1996 2000 2006 Austria Thailand Serbia Bangladesh Malaysia Denmark 1 Strong regional positions Nordic • Advanced markets • Focus on cost efficiency • NOK 10 bn cash flow target Asia • Continued strong subs growth • No 2 in 3 years in CEE Pakistan • Strong Kyivstar • Largest global performance operator • Subs growth slowing down • Entry into mobile broadband One of the world's largest operators China Mobile Vodafone Singtel Telefonica 143 150 China Unicom 115 America Movil 83 53 Telenor 31 22 T-Mobile Orange 2002 2003 2004 2005 2006 2007May08 TeliaSonera 0 50 100 150 200 250 300 350 400 mill Source: Wireless Intelligence, Q4 2007. Operators are only included if ownership is 20% or more 2 A typical day for Telenor 300 000 000 50 000 25 calls new customers new base stations Solid financial performance Annual growth rate since IPO +37% +16% +46% 143 105 10.72 37 16 0.75 2000 2007 2000 2007 2000 2007 Mobile subscribers (mill) Revenues (NOK mill) EPS (NOK) 3 Our priorities • Deliver growth above peers • Execute on operational excellence • Brand preference exceeding market share • Recognise our responsibilities • Nurture a unique performance culture Continued growth from increased usage Mobile penetration (Q108) MoU (Q108) Norway DTAC Denmark Grameenphone Sweden Telenor Norway Montenegro DiGi Malaysia Telenor Sweden Ukraine Telenor Denmark Hungary Telenor Pakistan Serbia Pannon Thailand Kyivstar Pakistan Promonte Bangladesh Telenor Serbia 0 % 50 % 100 % 150 % 200 % 0 100 200 300 400 500 Real penetration SIM penetration 4 Leveraging on our core assets 150 million subscribers 500 000 points of sale World class infrastructure Brand strength Significant mobile broadband potential 98% 99% 90% 90% 90% 86% 64% 50% 30% 17% 7% 1% 0,04% 0,03% Sweden Hungary Malaysia Thailand Ukraine Pakistan Bangladesh Fixed broadband household penetration 3G/EDGE population coverage 5 Promising entry into basic financial services Opportunities in connecting objects Example Nordic region 25 million people 200 million objects waiting to be connected 6 Actively exploring M&A opportunities • Expansion within existing regional clusters • Complementary businesses in existing markets • More flexible approach to control • Selectively looking at Africa Secure industry leadership on operational excellence • Proactively manage costs to meet declining prices • Benchmarking and best practices • Leverage on scale in procurement • Set high leadership expectations and standards 7 Recognising our responsibilities • Contribute to local development • Implement and follow-up of codes of conduct • Active approach to environment Summary • One of the fastest growing mobile operators • Strong regional positions • Leverage on core assets to develop new services • Actively explore expansion opportunities 8.
Recommended publications
  • Shaping Our Financial Future Socio-Economic Impact of Mobile Financial Services
    Shaping our financial future Socio-economic impact of mobile financial services 1 Growth comes from truly understanding the needs of people, to drive relevant change 2 Foreword It is my pleasure to introduce you to our most recent study on the socio-economic impact of mobile financial services, conducted with the help of Boston Consulting Group (BCG). Through our research, we looked at what mobile financial services will mean to the world in the year 2020. We specifically delved into five countries: Pakistan, Malaysia, Bangladesh, India and Serbia, all markets in which Telenor Group has mobile operations. Without giving away too much of what lies ahead, I can firmly say that mobile financial services will have a significant impact on the economic and societal growth of the countries studied. By bringing banking services and financial products to people who are entirely unbanked at present, they now have the chance to strengthen their development and prosper. The mobile phone is the key to simpler money transfers, readily accessible savings accounts, new methods of bill payment and even insurance products to protect against unforeseen events. This is the first comprehensive study to truly identify the impact of mobile financial services over the next decade. It helps us understand how the introduction of these services can create more jobs in Pakistan, bring insurance to more people in India and increase Serbia’s GDP. While the results of our study are not absolute, they give an indication of what is possible with the appropriate regulatory framework and governmental support. As a global telecommunications operator, we have a unique role to play in the development and expansion of mobile financial services.
    [Show full text]
  • Annual Report
    Annual Report 2012 2012 in brief A solid year 148 million subscribers, NOK 102 billion in revenues, 5% organic revenue growth, EBITDA before other items of NOK 33 billion and operating cash flow of NOK 20 billion 1). Strong performance in Norway Data usage increases, strong customer uptake on bundled tariffs and revenue increases. Investments into fixed and mobile networks continue at rapid pace, to ensure superior coverage and user experiences now and in the future. Data drives growth Contents DTAC granted 3G licence in Thailand. Norway enters a 4G era. Dear Shareholder /01/ Smartphones are in demand globally, and Telenor brings mobile Report from the Board of Directors 2012 /02/ Internet to the masses in Asia. With modernised networks and service offerings, Telenor is well-positioned to capture data growth. Financial Statements Telenor Group Consolidated Income Statement /20/ Moving forward in India Consolidated Statement of Telenor secured new spectrum and is now operational in six Comprehensive Income /21/ telecom circles in India – on track for operating cash flow break- Consolidated Statement of Financial Position /22/ even towards the end of 2013. Consolidated Statement of Cash Flows /23/ Consolidated Statement of Investing in VimpelCom Changes in Equity /24/ During the year, Telenor restored its ownership stake in Notes to the Consolidated VimpelCom. VimpelCom showed improved operational perform- Financial Statements /25/ ance and dividend pay-out was resumed towards the end of the year. Telenor ASA Income Statement /94/ Sustainability leader Statement of Comprehensive Income /95/ For the 11th year running, Telenor Group continues to rank as Statement of Financial Position /96/ one of the top sustainability leaders in the telecommunications Statement of Cash Flows /97/ section on the Dow Jones Sustainability Index.
    [Show full text]
  • Annual Report 2018
    ANNUAL REPORT 2018 ANNUAL REPORT Grameenphone Ltd. GPHouse Bashundhara, Baridhara, Dhaka-1229, Bangladesh Tel: +880-2-9882990, +88 01799882990 Fax: +880-2-9882970 Website: www.grameenphone.com EXPLORE Grameenphone wants to contribute to meet climate challenges and aims to reduce the consumption of resources and overall impact on the environment. In an effort to minimize paper consumption, we limit the MORE scope of the printed annual report within regulatory requirement. Grameenphone’s website provides extensive information about the Company and its current activities: www.grameenphone.com ANNUAL REPORT 2018 We live in a world where pocket-sized devices have become the gateway for limitless exploration and unbound resources, something previously unimaginable. Now knowledge, wisdom and opportunities are just a few clicks away, heralding a new horizon of technological empowerment. At Grameenphone, we help overcome boundaries through digitalisation. Our products’ platforms serve as a catalyst to realising dreams. We believe in continuous innovation and ensuring the best customer experience in everything we do. Welcome to our Annual Report 2018 This report aims to inform stakeholders about our financial and non-financial performances in 2018. This includes a look at how we create value over time and how our strategy addresses the challenges, risks and opportunities Grameenphone faces in a fast-changing world. WHAT’S INSIDE 01 Overview 02 Business Performance An introduction to our report with a snapshot of our An insight into our operation
    [Show full text]
  • Vimpelcom Ltd
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F Registration Statement Pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934 OR ⌧ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2012 OR Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 OR Shell Company Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 1-34694 VIMPELCOM LTD. (Exact name of registrant as specified in its charter) Bermuda (Jurisdiction of incorporation or organization) Claude Debussylaan 88, 1082 MD, Amsterdam, the Netherlands (Address of principal executive offices) Jeffrey D. McGhie Group General Counsel & Chief Corporate Affairs Officer Claude Debussylaan 88, 1082 MD, Amsterdam, the Netherlands Tel: +31 20 797 7200 Fax: +31 20 797 7201 (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered American Depositary Shares, or ADSs, each representing one common share New York Stock Exchange Common shares, US$ 0.001 nominal value New York Stock Exchange* * Listed, not for trading or quotation purposes, but only in connection with the registration of ADSs pursuant to the requirements of the Securities and Exchange Commission. Securities registered or to be registered pursuant to Section 12(g) of the Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report: 1,628,199,135 common shares, US$ 0.001 nominal value.
    [Show full text]
  • Opera Mini Opera Mobile Shipments Pre-Installed in 4Q08: 7.3 Million
    Opera Software Fourth quarter 2008 A note from our lawyers 2 This presentation contains and is, i.a., based on forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements . Forward-looking statements may in some cases be identified by terminology such as “may”, “will”, “could”, “should”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “pp,gpgyotential” or “continue”, the negative of such terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially, and a number of factors may cause our actual results to differ materially from any such statement. Although we believe that the expectations and assumptions reflected in the statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievement. Opera Software ASA makes no representation or warranty (express or implied) as to the correctness or completeness of the presentation, and neither Opera Software ASA nor any of its direc tors or emp loyees assumes any lia bility resu lting from use. Excep t as requ ire d by law, we undertake no obligation to update publicly any forward-looking statements for any reason after the date of this presentation to conform these statements to actual results or to changes in our expectations. You are advised, however, to consult any further public disclosures made by us, su ch as filings made w ith the OSE or press releases .
    [Show full text]
  • HD Voice – a Revolution in Voice Communication
    HD Voice – a revolution in voice communication Besides data capacity and coverage, which are one of the most important factors related to customers’ satisfaction in mobile telephony nowadays, we must not forget about the intrinsic characteristic of the mobile communication – the Voice. Ever since the nineties and the introduction of GSM there have not been much improvements in the area of voice communication and quality of sound has not seen any major changes. Smart Network going forward! Mobile phones made such a progress in recent years that they have almost replaced PCs, but their basic function, voice calls, is still irreplaceable and vital in mobile communication and it has to be seamless. In order to grow our customer satisfaction and expand our service portfolio, Smart Network engineers of Telenor Serbia have enabled HD Voice by introducing new network features and transitioning voice communication to all IP network. This transition delivers crystal-clear communication between the two parties greatly enhancing customer experience during voice communication over smartphones. Enough with the yelling into smartphones! HD Voice (or High-Definition Voice) represents a significant upgrade to sound quality in mobile communications. Thanks to this feature users experience clarity, smoothly reduced background noise and a feeling that the person they are talking to is standing right next to them or of "being in the same room" with the person on the other end of the phone line. On the more technical side, “HD Voice is essentially wideband audio technology, something that long has been used for conference calling and VoIP apps. Instead of limiting a call frequency to between 300 Hz and 3.4 kHz, a wideband audio call transmits at a range of 50 Hz to 7 kHz, or higher.
    [Show full text]
  • International Operations AT'rachment ,', Page 1 of 5
    International activities Page 1 of 4 ... 2/3 .... Sweden $. Year end 1996 1997 ,lnhabltan ts (nHlltons} B.9 9.D 71 71 • Perlelnllion, landlln" ('!OJ • Penel.r.tion. 33 cellular (%) ---._._------ In cooperation with Telenor (Norway) and BT (United Kingdom), Tele Danmark has founded the telecommunications operator Telenordia AB. Each of the three partners holds one third of the shares. Telenordia provides national and international telecommunications services primarily for medium-sized business customers. A wide range of voice and data services, including international telecommunications services, are provided through the Concert cooperation and NordiCom services. Telenordia experienced substantial growth in Internet activities in 1997. The number ofsubscribers was 115,400 at the end of 1997, compared with 33,500 a year ago. At year-end 1997, the company had 382 employees, and 1997 net revenues amounted to SEK 681 Am, which is an increase of 240% compared to the 1996 revenues. Additional funds were invested in Telenordia in 1997 and, at year end, Tele Danmark's share ofthe total capital investment amounted to DKK 419.4m. In 1997, Telenordia AB acquired the company Tele 8 Kontakt AB from Tele 8 AB, whereby Telenordia took over the license to build and operate a GSM 1800 cellular communications system in Sweden. The company InterNordia Communications AB, which is owned on an equal basis by Tele Danmark and Telenor, provides equipment for voice and data communications. 1997 revenues amoented to SEK 98.6m. and the company had 61 employees at year end. Tele Danmark holds a 25% stake in the Swedish satellite company Nordiska Satellitaktiebolaget (NSAB).
    [Show full text]
  • Telenor Acquires 50 Per Cent of Telenordia
    Telenor acquires 50 per cent of Telenordia Telenor and BT have entered into an agreement to acquire TeleDanmarks shares in Telenordia. Telenordia is Swedens fourth largest telecom operator with more than 300,000 customers. Telenors part of the acquisition amounts to approximately NOK 1.24 billion. Following completion of this transaction, Telenor will own 50 per cent of Telenordia. Telenor and BT will acquire 50 per cent each of TeleDanmarks 33.33 per cent stake. This means that Telenor and BT will each own 50 per cent of Telenordia. Telenordia, which commenced business operations in 1995, is today the fourth largest telecom operator in Sweden with more than 400,000 customers in the field of fixed line, data and Internet for the business market and public sector. The company had a turnover of more than SEK 1.5 billion in 1999. Growth prospective "During the past five years, Telenordia has expanded to become the fourth-largest telecommunications operator and the third-largest fixed line operator in Sweden. This is an exceptional achievement. Telenordia has become a well recognized brand in Sweden and has shown a strong growth potential within its existing business areas," said Telenors CEO Tormod Hermansen. "We are excited to have increased our share in Telenordia to 50 per cent. Combined with our strong position in Norway and Denmark, this investment strengthens our position as one of the leading telecom companies in Scandinavia," Hermansen added. The ongoing progress "Telenordia is very pleased to start the new development of the company with a strengthened and clarified ownership," said Managing Director for the company, Erik Heilborn.
    [Show full text]
  • Annual Report 2007
    Annual report 2007 2007 has been a year characterised by strong subscription growth, particularly in our Asian operations. With 30 million net additions during the year, Telenor reached 143 million mobile subscribers worldwide, and is ranked as the world’s seventh largest mobile operator. Contents President and CEO Jon Fredrik Baksaas 1 Report of the Board of Directors 2 FINANCIAL STATEMENTS Telenor Group Consolidated Income Statement 8 Consolidated Balance Sheet 9 Consolidated Cash Flow Statement 10 Consolidated Statements of Changes in Equity 11 The Telenor Group 12 Notes to the Financial Statements 21 Telenor ASA Income Statement 82 Balance Sheet 83 Cash Flow Statement 84 Statements of Changes in Equity 85 Notes to the Financial Statements 86 Auditor’s Report 95 Statement from The Corporate Assembly of Telenor 96 Financial Calendar 2008 96 Telenor wants to contribute to meet climate challenges, and aims to reduce the consumption of resources and overall impact on the environment. In an effort to minimize paper consumption, we limit the scope of the printed annual report. Telenor’s website provides extensive information about the company and current activities: www.telenor.com ANNUAL REPORT 2007 PRESIDENT & CEO Dear shareholder, 2007 has been a year characterised by strong subscription growth, particularly at our Asian operations. With 30 million net additions during the year, Telenor now counts 143 million mobile subscribers worldwide, and the company is currently the world’s seventh largest mobile provider. Throughout the year we have delivered high underlying revenue growth and seen our operations uphold their strong market positions. Jon Fredrik Baksaas President & CEO The strong organic growth is indisputable evidence that the potential of communication solutions as key enabler for world is going mobile.
    [Show full text]
  • Prepared for Upload GCD Wls Networks
    LTE‐ LTE‐ Region Country Operator LTE Advanced 5G Advanced Pro Eastern Europe 92 57 4 3 Albania Total 32 0 0 Albania ALBtelecom 10 0 0 Albania Telekom Albania 11 0 0 Albania Vodafone Albania 11 0 0 Armenia Total 31 0 0 Armenia MTS Armenia (VivaCell‐MTS) 10 0 0 Armenia Ucom (formerly Orange Armenia) 11 0 0 Armenia VEON Armenia (Beeline) 10 0 0 Azerbaijan Total 43 0 0 Azerbaijan Azercell 10 0 0 Azerbaijan Azerfon (Nar) 11 0 0 Azerbaijan Bakcell 11 0 0 Azerbaijan Naxtel (Nakhchivan) 11 0 0 Belarus Total 42 0 0 Belarus A1 Belarus (formerly VELCOM) 10 0 0 Belarus Belarusian Cloud Technologies (beCloud) 11 0 0 Belarus Belarusian Telecommunications Network (BeST, life:)) 10 0 0 Belarus MTS Belarus 11 0 0 Bosnia and Total Herzegovina 31 0 0 Bosnia and Herzegovina BH Telecom 11 0 0 Bosnia and Herzegovina HT Mostar (HT Eronet) 10 0 0 Bosnia and Herzegovina Telekom Srpske (m:tel) 10 0 0 Bulgaria Total 53 0 0 Bulgaria A1 Bulgaria (Mobiltel) 11 0 0 Bulgaria Bulsatcom 10 0 0 Bulgaria T.com (Bulgaria) 10 0 0 Bulgaria Telenor Bulgaria 11 0 0 Bulgaria Vivacom (BTC) 11 0 0 Croatia Total 33 1 0 Croatia A1 Hrvatska (formerly VIPnet/B.net) 11 1 0 Croatia Hrvatski Telekom (HT) 11 0 0 Croatia Tele2 Croatia 11 0 0 Czechia Total 43 0 0 Czechia Nordic Telecom (formerly Air Telecom) 10 0 0 Czechia O2 Czech Republic (incl. CETIN) 11 0 0 Czechia T‐Mobile Czech Republic 11 0 0 Czechia Vodafone Czech Republic 11 0 0 Estonia Total 33 2 0 Estonia Elisa Eesti (incl.
    [Show full text]
  • Free Telenor Sms
    Free telenor sms Monthly SMS Bundle. Rs. ACTIVATE?> COMPARE · ACTIVATE · VIEW MORE. Validity: 30 Days. SMS Dial:**#. Daily SMS Bundle. Validity. If you are an existing residential customer with a Telenor postpaid plan, you can •By sending a free SMS to number , containing the code for activation M. is giving free service to send free sms to telenor, ufone, mobilink, warid. Telenor SMS packages are providing free sms to any network of Pakistan. Telenor offers variety of Sms Packages including Daily, Weekly, Monthly Sms. Pakistan's major operators include Warid, Ufone, Mobilink, Zong and Telenor. These all contribute in providing the economical packages for Pakistanis in and. Package Name. Free On- Net Mins. Free Off-Net Mins. Free SMS. Free MBs. Validity. Price Telenor Talkshawk 5 Day SMS Package, --, --, , --, 7 Days. Rs Free SMS to Telenor Web to SMS Telenor Pakistan, Now you can send free sms to telenor via Internet to communicate with your friends and family not only in. Salam::Telenor Big Trick: **7*5*9*# Dial & Jo Msg Aye 5 Ka Option Yani Dail Sms Wala Phir Subscribe Wala Reply Karna 1 Wo Apko Kahy. Agr apki Telenor SIM 5th Aug se band hai tu usay wapas laga k payain 60 din . Ufone Dail *# Recharg Offer Free Of Cost mint SMS MB 3 din. Send free sms in Pakistan to Mobilink, Ufone, Warid, Telenor and Zong network. Send Free SMS to Telenor Numbers! From: PK (+92), USA. Telenor Free Weekly SMS Package Trick Undo. by Taboola by Taboola. Telenor Free. Meray Paas Galaxy N0te 3 Hai. Telen0r Pe FacebOok's Messenger Nhi Chalta Free.
    [Show full text]
  • Telenor's Global Impact
    Telenor’s Global Impact A Quantification of Telenor’s Impact on the Economy and Society Final KPMG Report 7 November 2016 Document Classification - KPMG Confidential Important notice This document has been prepared by KPMG United Kingdom Plc (“KPMG”) solely for Telenor ASA (“Telenor” or “Addressee”) in accordance with terms of engagement agreed between Telenor and KPMG. KPMG’s work for the Addressee was performed to meet specific terms of reference agreed between the Addressee and KPMG and that there were particular features determined for the purposes of the engagement. The document should not be regarded as suitable to be used or relied on by any other person or any other purpose. The document is issued to all parties on the basis that it is for information only. This document is not suitable to be relied on by any party wishing to acquire rights against KPMG (other than Telenor) for any purpose or in any context. Any party other than Telenor that obtains access to this document or a copy and chooses to rely on this document (or any part of it) does so at its own risk. To the fullest extent permitted by law, KPMG does not accept or assume any responsibility to any readers other than Telenor in respect of its work for Telenor, this document, or any judgements, conclusions, opinions, findings or recommendations that KPMG may have formed or made. KPMG does not assume any responsibility and will not accept any liability in respect of this document to any party other than Telenor. KPMG does not provide any assurance on the appropriateness or accuracy of sources of information relied upon and KPMG does not accept any responsibility for the underlying data used in this document.
    [Show full text]