Results Presentation for the Year Ended 31 December 2018 Contents

Total Page:16

File Type:pdf, Size:1020Kb

Results Presentation for the Year Ended 31 December 2018 Contents MTN Group Limited Results presentation for the year ended 31 December 2018 Contents MTN Group Limited Financial results for the year ended 31 December 2018 53 Data sheets Results presentation Data sheets for the year ended 31 December 2018 Appendices 01 43 53 Results presentaton Appendices Data sheets * Constant currency information after accounting for the impact of the pro forma adjustments as defined ** Reported ^ EBITDA excludes impairment of goodwill, net monetary gains and share of results of associates and joint ventures after tax Any forward looking financial information disclosed in this results announcement has not been reviewed or audited or otherwise reported on by our external joint auditors Service revenue excludes device and SIM card revenue Data revenue is mobile access data Fintech includes Mobile Money (MoMo), insurance, airtime lending and e-commerce All financial numbers are year-on-year (YoY) unless otherwise stated All subscriber numbers are compared to end-December 2017 unless otherwise stated 2017 comparatives are restated for the adoption of IFRS 15 and change in the presentation of cash flows Certain information presented in these results constitutes pro forma financial information. This is presented for illustrative purposes only. Because of its nature, the pro forma financial information may not fairly present MTN’s financial position, changes in equity, and results of operations or cash flows. The pro forma constant currency financial information contained in this announcement has been reviewed by the group’s external auditors and their unmodified limited assurance report prepared in terms of ISAE 3420 is available for inspection at the company’s registered office on weekdays from 09:00 to 16:00. 1. The financial information presented in these consolidated financial results has been prepared excluding the impact of hyperinflation and the goodwill and asset impairments, tower profits, the Nigerian regulatory fine (consisting of the re-measurement impact when the settlement was entered into and the finance costs recognised as a result of the unwind of the initial discounting of the liability), the profit from the sale of Cyprus, the CBN resolution and in addition to the above, profit on the exercise of IHS exchange right, Loss on the de-recognition of IHS Loan receivable and MTN Zakhele Futhi Share base payments, which relate to the 2017 year of assessment (‘the pro forma adjustments’) and constitutes pro forma financial information to the extent that it is not extracted from the segment disclosure included in the audited summary group financial statements for the year ended 31 December 2018. This pro forma financial information has been presented to eliminate the impact of the pro forma adjustments from the consolidated financial results to achieve a comparable year-on-year analysis. The pro forma adjustments have been calculated in terms of the group accounting policies disclosed in the consolidated financial statements for the year ended 31 December 2017, except for the changes in accounting policies as a result of the adoption of the accounting pronouncements effective 1 January 2018, and the change in the presentation of cash flows. 2. Constant currency information has been presented to illustrate the impact of changes in currency rates on the group’s results. In determining the change in constant currency terms, the current financial reporting period’s results have been adjusted to the prior period average exchange rates determined as the average of the monthly exchange rates. The measurement has been performed for each of the group’s currencies, materially being that of the US dollar and Nigerian naira. The constant currency growth percentage has been calculated based on the current year constant currency results compared to the prior year results. In addition, in respect of MTN Irancell, MTN Sudan, MTN South Sudan and MTN Syria, the constant currency information has been prepared excluding the impact of hyperinflation. The economies of Sudan, South Sudan and Syria were assessed to be hyperinflationary for the period under review and hyperinflation accounting was applied. The joint independent auditors’ audit report by PricewaterhouseCoopers Inc. and SizweNtsalubaGobodo Grant Thornton Inc. does not report on all of the information contained in this announcement/financial results. Shareholders are therefore advised that in order to obtain a full understanding of the nature of the joint independent auditors’ engagement they should obtain a copy of the joint independent auditors’ audit report together with the accompanying financial information from MTN’s registered office. The directors of MTN take full responsibility for the preparation of this abridged report and the financial information has been correctly extracted from the underlying audited financial statements. The group’s results are presented in line with the group’s operational structure. This is South Africa, Nigeria, the Southern and East Africa and Ghana (SEAGHA) region, the West and Central Africa (WECA) region and the Middle East and North Africa (MENA) region and their respective underlying operations. The SEAGHA region includes Ghana, Uganda, Zambia, Rwanda, South Sudan, Botswana (joint venture-equity accounted), eSwatini (joint venture-equity accounted) and Business Group. The WECA region includes Cameroon, Ivory Coast, Benin, Congo Brazzaville, Liberia, Guinea Conakry and Guinea Bissau. The MENA region includes Iran (joint venture-equity accounted), Syria, Sudan, Yemen, and Afghanistan. Cyprus was disposed of and is no longer included in the results effective 4 September 2018. Although Iran, Botswana and eSwatini form part of their respective regions geographically and operationally, they are excluded from their respective regional results because they are equity accounted for by the group. Results presentation for the year ended 31 December 2018 02 MTN Group Limited Financial results for the year ended 31 December 2018 MTN Group Limited Financial results for the year ended 31 December 2018 03 04 MTN Group Limited Financial results for the year ended 31 December 2018 MTN Group Limited Financial results for the year ended 31 December 2018 05 06 MTN Group Limited Financial results for the year ended 31 December 2018 MTN Group Limited Financial results for the year ended 31 December 2018 07 08 MTN Group Limited Financial results for the year ended 31 December 2018 MTN Group Limited Financial results for the year ended 31 December 2018 09 10 MTN Group Limited Financial results for the year ended 31 December 2018 MTN Group Limited Financial results for the year ended 31 December 2018 11 • • • • • • • • • • • • • • • ◊ 12 MTN Group Limited Financial results for the year ended 31 December 2018 MTN Group Limited Financial results for the year ended 31 December 2018 13 14 MTN Group Limited Financial results for the year ended 31 December 2018 • • • • • MTN Group Limited Financial results for the year ended 31 December 2018 15 16 MTN Group Limited Financial results for the year ended 31 December 2018 MTN Group Limited Financial results for the year ended 31 December 2018 17 18 MTN Group Limited Financial results for the year ended 31 December 2018 MTN Group Limited Financial results for the year ended 31 December 2018 19 ^ 20 MTN Group Limited Financial results for the year ended 31 December 2018 MTN Group Limited Financial results for the year ended 31 December 2018 21 22 MTN Group Limited Financial results for the year ended 31 December 2018 MTN Group Limited Financial results for the year ended 31 December 2018 23 24 MTN Group Limited Financial results for the year ended 31 December 2018 MTN Group Limited Financial results for the year ended 31 December 2018 25 26 MTN Group Limited Financial results for the year ended 31 December 2018 • • • • • MTN Group Limited Financial results for the year ended 31 December 2018 27 28 MTN Group Limited Financial results for the year ended 31 December 2018 MTN Group Limited Financial results for the year ended 31 December 2018 29 30 MTN Group Limited Financial results for the year ended 31 December 2018 Best Returns and Ignite Growth Hearts Technology customer efficiency commercial through data and minds excellence experience focus performance and digital MTN Group Limited Financial results for the year ended 31 December 2018 31 32 MTN Group Limited Financial results for the year ended 31 December 2018 • • • • • • • • MTN Group Limited Financial results for the year ended 31 December 2018 33 • • • • • • • • 34 MTN Group Limited Financial results for the year ended 31 December 2018 • • • • • • • • MTN Group Limited Financial results for the year ended 31 December 2018 35 • • • • • • • • 36 MTN Group Limited Financial results for the year ended 31 December 2018 • • • • • • • • MTN Group Limited Financial results for the year ended 31 December 2018 37 • • • • • • • • 38 MTN Group Limited Financial results for the year ended 31 December 2018 • • • • • • • • • • • • MTN Group Limited Financial results for the year ended 31 December 2018 39 40 MTN Group Limited Financial results for the year ended 31 December 2018 MTN Group Limited Financial results for the year ended 31 December 2018 41 42 MTN Group Limited Financial results for the year ended 31 December 2018 Appendices 44 MTN Group Limited Financial results for the year ended 31 December 2018 MTN Group Limited Financial results for the year ended 31 December 2018 45 46 MTN Group Limited Financial results for the year ended 31 December
Recommended publications
  • New Branches for the 2Africa Subsea Cable System
    New branches for the 2Africa subsea cable system 16 August, 2021: The 2Africa consortium, comprised of China Mobile International, Facebook, MTN GlobalConnect, Orange, stc, Telecom Egypt, Vodafone and WIOCC, announced today the addition of four new branches to the 2Africa cable. The branches will extend 2Africa’s connectivity to the Seychelles, the Comoros Islands, and Angola, and bring a new landing to south-east Nigeria. The new branches join the recently announced extension to the Canary Islands. 2Africa, which will be the largest subsea cable project in the world, will deliver faster, more reliable internet service to each country where it lands. Communities that rely on the internet for services from education to healthcare, and business will experience the economic and social benefits that come from this increased connectivity. Alcatel Submarine Networks (ASN) has been selected to deploy the new branches, which will increase the number of 2Africa landings to 35 in 26 countries, further improving connectivity into and around Africa. As with other 2Africa cable landings, capacity will be available to service providers at carrier- neutral data centres or open-access cable landing stations on a fair and equitable basis, encouraging and supporting the development of a healthy internet ecosystem. Marine surveys completed for most of the cable and Cable manufacturing is underway Since launching the 2Africa cable in May 2020, the 2Africa consortium has made considerable progress in planning and preparing for the deployment of the cable, which is expected to ‘go live’ late 2023. Most of the subsea route survey activity is now complete. ASN has started manufacturing the cable and building repeater units in its factories in Calais and Greenwich to deploy the first segments in 2022.
    [Show full text]
  • Mtn Group Limited
    MTN GROUP LIMITED Telecommunications Company Key Findings: OVERALL SCORE TELECOMMUNICATIONS RANK • MTN made a commitment to human rights at the corporate level, but lacked disclosure of policies % that affect users’ freedom of expression and privacy in practice. 15 6 • MTN disclosed almost no information about how it handles government or private requests to restrict content or accounts, or for user information. South OPERATING COMPANY SERVICES EVALUATED EVALUATED African law prevents disclosure of government • Pre-Paid Mobile requests for user information, but MTN could MTN SOUTH • Post-Paid Mobile disclose government requests for content restrictions and requests from private parties. AFRICA South Africa • MTN revealed little about how it secures user information, including how it responds to data breaches. ANALYSIS MTN ranked sixth out of the 10 telecommunications About MTN Group Limited companies evaluated and 17th in the Index overall.1 Although South Africa’s internet environment is ranked as “free” by MTN Group Limited is a telecommunications company that Freedom House,2 the company operates in a number of serves markets in more than 20 countries in Africa, Asia, challenging markets including Iran, Rwanda, Afghanistan, and the Middle East.3 It offers voice and data services, and and other countries across the Middle East and North Africa, business services, such as cloud, infrastructure, network, making it difficult for the company to disclose concrete software, and enterprise mobility. policies to implement its commitment to respect human Market Cap: USD 16,398 million4 rights across all of its global operations. MTN’s group-level JSE: MTN corporate entity has historically relied on the company’s Domicile: South Africa operations outside of South Africa for revenue.
    [Show full text]
  • Mtn's Preliminary Submission
    NON-CONFIDENTIAL VERSION COMPETITION COMMISSION DATA SERVICES MARKET INQUIRY MTN'S PRELIMINARY SUBMISSION 27 November 2017 Page 1 of 53 2 Table of Contents Page No 1. Introduction and executive summary.......... .......... ..................................................... 3 2. Data services value chain .. .......... ............................................................................. 6 3. Competition in mobile data services.......... ........ ......... ................. .......................... 21 4. MTN's new strategic initiative .................................................................................. 39 5. Regulatory context .................................................................................................. 42 6. Constraints on the further development of data services.................... .................... 46 7. Next steps............ ............................................................................ ............. .......... 53 Page 2 of 53 3 1. Introduction and executive summary Introduction 1.1 On 18 August 2017, the Competition Commission (the "Commission") initiated a market inquiry into Data Services in South Africa in terms of Chapter 4A of the Competition Act No. 89 of 1998 (as amended) (the "Competition Act"). On 20 September 2017, the Commission invited stakeholders to make formal submissions. Mobile Telephone Networks Proprietary Limited ("MTN") would like to thank the Commission for the opportunity to make this submission. 1.2 MTN is mindful of the context within which the
    [Show full text]
  • Aligning Cybersecurity to Enable the Telco Metamorphosis in a Post-COVID-19 Era August 2020 Foreword
    Aligning cybersecurity to enable the Telco metamorphosis in a post-COVID-19 era August 2020 Foreword Over recent years, telecom operators (Telcos) across the globe have witnessed revenue stagnation in their core services, despite the enormous growth in bandwidth demand and usage. Furthermore, they are also facing competition from digital service providers resulting in shrinking of revenues from core services. The ongoing digitalization wave has brought a lot of disruptive changes in terms of customer expectations and the way telecommunication services are consumed. Also, digital service providers have an upper hand to Telcos because they can quickly leverage multiple disruptive digital technologies. Telcos are facing an existential crisis due to these fierce competitions from digital service providers and the rapidly changing environment. Telcos have no other option, but to transform if they are to remain relevant. Telcos across the globe are trying to embark on a transformative journey by investing in their digital infrastructure and adopting a business model which focuses on customer experience and technology dominance. Cloud, 5G and Internet of Things (IoT) top the list of technology catalysts that can aid Telcos in the transformation. There is no doubt that this metamorphosis will provide bountiful rewards to Telcos. However, Telcos will be skating on thin ice, if they are not careful about the cybersecurity implications of this transformation journey. This white paper focuses on exploring the cyber aspects of the Telco metamorphosis.
    [Show full text]
  • Governance in Action
    Governance in action Value creation through robust governance The board and group executives continue to provide oversight using a combined assurance model which considers the role of management, control functions, internal and external audit and board Board charter – collective responsibilities of the board and delegation of authority In 2019, we enhanced the board charter, clarifying the role of subsidiaries’ boards and their subcommittees, and committees of the subsidiaries using a simplified governance approach in a complex environment setting out more clearly the role of the group chairman as well as the group president and CEO. We revised the as they strive to create maximum shared value. delegation of authority to promote greater agility in the decision making process of subsidiaries. We see room for All about MTN about All further improvements in the levels of authority within the delegation framework to allow for faster and bolder business activity. We are also redesigning the materiality framework to promote better decision making. These 01 They do this by delivering on our purpose and ensuring relevance and sustainability of the business changes will align with clear levels of work and a segregation of powers within management, safeguarding model by monitoring the macro environment, the availability and quantity of capital inputs, and accountability and responsibility. stakeholder needs, all of which inform the group’s strategy. This strategy enables MTN to maintain focus in conducting operations underpinned by good governance and at the same time delivering our financial targets. In The roles and duties of the chairman and group president and CEO are separate and clearly defined.
    [Show full text]
  • Westpac NZD Account 8.36% New Zealand Local Government
    FULL PORTFOLIO HOLDINGS Offer name: Kiwi Wealth KiwiSaver Scheme Offer number: OFR10715 Fund name: Default Fund number: FND553 Periodic disclosure applies [dd/mm/yyyy] 30/06/2021 Asset Name % of fund net assets Security Code Westpac NZD Account 8.36% New Zealand Local Government Funding Agency Bond 3.5% 14 Apr 33 1.86% NZLGFDT009C0 14/4/2033 New Zealand Local Government Funding Agency Bond 4.5% 15 Apr 27 1.57% NZLGFDT007C4 15/4/2027 New Zealand Local Government Funding Agency Bond 1.5% 20 Apr 29 1.47% NZLGFDT012C4 20/4/2029 Westpac New Zealand - TD - 0.93% 05 Jul 21 5/7/2021 1.46% DU0TZ21705D8 Housing New Zealand Ltd 3.42% 18 Oct 28 18/10/2028 1.38% NZHNZD0628L7 Kommunalbanken AS 4% 20 Aug 25 20/8/2025 1.34% NZKBNDT009C6 International Bank for Reconstruction & Development 1.625% 10 1.24% NZIBDDT018C3 May 28 10/5/2028 Landwirtschaftliche Rentenbank 0.75% 09 Jun 25 9/6/2025 1.13% NZLRBDT014C1 New Zealand Government Bond 2% 15 May 32 15/5/2032 1.10% NZGOVDT532C8 Kommunalbanken AS 1.25% 02 Jul 30 2/7/2030 1.08% NZKBNDT012C0 Bank of China Ltd - TD - 0.75% 08 Sep 21 8/9/2021 1.05% DU0TZ21908A4 ANZ Bank Ltd - TD - 0.85% 13 Sep 21 13/9/2021 0.99% DU0TZ21913C0 Transpower New Zealand Ltd 1.735% 04 Sep 25 4/9/2025 0.96% NZTRPD0070L9 ANZ Bank Ltd - TD - 0.85% 20 Sep 21 20/9/2021 0.94% DU0TZ21920B7 ASB Bank - TD - 0.81% 22 Dec 21 22/12/2021 0.93% DU0TZ21D22A6 ANZ Bank Ltd - TD - 0.85% 26 Jul 21 26/7/2021 0.88% DU0TZ21726C6 ANZ Bank Ltd - TD - 0.85% 24 Aug 21 24/8/2021 0.88% DU0TZ21824A3 Westpac New Zealand - TD - 0.77% 29 Nov 21 29/11/2021 0.88% DU0TZ21N29C6
    [Show full text]
  • This Is an Author Produced Version of a Paper Published in African Journal of Science, Technology, Innovation and Development
    This is an author produced version of a paper published in African Journal of Science, Technology, Innovation and Development. This paper has been peer-reviewed but does not include the final publisher proof-corrections or journal pagination. Citation for the published paper: Baskaran, Angathevar; Liu, Ju; Yan, Hui; Muchie, Mammo. (2017). Outward foreign direct investment (OFDI) and knowledge flow in the context of emerging MNEs : Cases from China, India and South Africa. African Journal of Science, Technology, Innovation and Development, vol. 9, issue 3, p. null URL: https://doi.org/10.1080/20421338.2017.1359436 Publisher: Taylor & Francis This document has been downloaded from MUEP (https://muep.mah.se) / DIVA (https://mau.diva-portal.org). 1 Outward Foreign Direct Investment (OFDI) and Knowledge Flow in the Context of Emerging MNEs: Cases from China, India and South Africa Angathevar Baskaran* , Ju Liu**, Hui Yan*** & Mammo Muchie**** Abstract The paper explores the factors driving OFDI by EMNEs and the patterns of knowledge transfer, as there are still some gaps in the understanding of these two aspects, by examining six cases of MNEs from three of the BRICS’ economies (India, China, and South Africa). It mainly employs descriptive data for a period of about ten years in each case which were gathered from secondary sources including EMNEs’ annual financial reports, press releases, websites, and other sources. It found that there are complex aspects of OFDI by EMNEs which cannot be explained by existing FDI theories. A theoretical model that integrates both ‘latecomer strategies for catch up’ and the ‘traditional FDI’ models is necessary to fully understand these aspects.
    [Show full text]
  • 24769 Cloud Automation Report.Qxp 24769 Cloud Automation Report 22/04/2021 15:44 Page 1
    24769 Cloud Automation Report.qxp_24769 Cloud Automation Report 22/04/2021 15:44 Page 1 Authors: Mark Newman, Chief Analyst Justin Funnell, Contributing Analyst Editor: Dawn Bushaus, Managing Editor April 2021 Sponsors: inform.tmforum.org 24769 Cloud Automation Report.qxp_24769 Cloud Automation Report 22/04/2021 15:44 Page 2 Contents 03 05 08 The big picture Section 1: Global trends in Section 2: Do investors value telco OpEx telco transformation? 14 20 26 Section 3: Inside the OpEx Section 4: Impact of new Section 5: Make it happen – black box – Comparing technology on telco OpEx Strategies for reducing costs expenses 28 Additional features & resources inform.tmforum.org 2 24769 Cloud Automation Report.qxp_24769 Cloud Automation Report 22/04/2021 15:44 Page 3 The big picture Communications service providers (CSPs) have grown comfortable talking to their investors about digital transformation programs, but they have a tough time explaining how transformation will impact their bottom lines. This has made investors cautious about building assumptions into CSPs’ future financial performance. There are three main drivers for telco Key telco operaǎng expenses transformation: delivering a stronger customer experience, generating new revenues and achieving efficiency gains. In this research we are focusing on efficiency gains because they are the ENDUSER EQUIPMENT PEOPLE & CONTENT easiest way for operators to demonstrate SALES & MARKETING Employees’ salaries Handset subsidies & other the benefits of transformation. device/equipment sales Customer service, Temporary/contract retail, adverǎsing staff & consultants Content & revenue sharing Importantly, we have chosen to focus on OpEx rather than CapEx. There is already plenty of research available about the evolution of the network, which makes up the majority of CapEx.
    [Show full text]
  • John Hancock Hedged Equity & Income Fund
    John Hancock Hedged Equity & Income Fund Quarterly portfolio holdings 9/30/2020 Fund’s investments As of 9-30-20 (unaudited) Shares Value Common stocks 79.0% $114,638,756 (Cost $124,784,841) Communication services 9.7% 14,115,779 Diversified telecommunication services 4.6% AT&T, Inc. 18,003 513,266 BT Group PLC 50,500 63,964 CenturyLink, Inc. 17,685 178,442 China Telecom Corp., Ltd., H Shares 293,164 88,080 China Unicom Hong Kong, Ltd. 176,362 115,763 Deutsche Telekom AG 10,167 169,281 Hellenic Telecommunications Organization SA 66,938 964,056 Koninklijke KPN NV 378,865 888,937 KT Corp. 4,869 95,270 Magyar Telekom Telecommunications PLC 36,784 43,007 Nippon Telegraph & Telephone Corp. 4,969 101,450 Orange SA 889 9,259 Proximus SADP 2,840 51,810 Spark New Zealand, Ltd. 151,303 472,111 Swisscom AG 287 152,041 Telefonica Deutschland Holding AG 61,725 157,753 Telefonica SA 17,245 59,074 Verizon Communications, Inc. (A) 44,066 2,621,461 Entertainment 0.3% Avex, Inc. 4,100 38,261 DeNA Company, Ltd. 4,720 86,866 G-bits Network Technology Xiamen Company, Ltd., Class A 563 51,683 Netflix, Inc. (B) 348 174,010 Nintendo Company, Ltd. 190 107,671 Interactive media and services 1.3% Alphabet, Inc., Class A (B) 503 737,197 Alphabet, Inc., Class C (B) 80 117,568 Autohome, Inc., ADR 1,318 126,528 Baidu, Inc., ADR (B) 930 117,729 Facebook, Inc., Class A (B) 2,210 578,799 Gree, Inc.
    [Show full text]
  • State of the Industry Report on Mobile Money 2019
    State of the Industry Report on Mobile Money 2019 Copyright © 2020 GSM Association 2019 State of the Industry Report on Mobile Money Mobile Money The GSMA represents the interests of mobile operators The GSMA’s Mobile Money programme works to worldwide, uniting more than 750 operators with almost accelerate the development of the mobile money 400 companies in the broader mobile ecosystem, including ecosystem for the underserved. handset and device makers, software companies, equipment providers and internet companies, as well as organisations For more information, please contact us: in adjacent industry sectors. The GSMA also produces the Web: industry-leading MWC events held annually in Barcelona, www.gsma.com/mobilemoney Twitter: Los Angeles and Shanghai, as well as the Mobile 360 Series @GSMAMobileMoney of regional conferences. Email: [email protected] For more information, please visit the GSMA corporate website at www.gsma.com Follow the GSMA on Twitter: @GSMA Lead author: Nika Naghavi Data & Insights Director, GSMA Mobile Money This report was written with the support of the wider Mobile Money and Mobile for Development team. The quantitative assessment of this report was carried out by a team under the supervision of Simon K. Andersson Manjang that comprised of Julian Hoffmann, Kavita Tailor and Tapiwa Jakachira. For more content, visit gsma.com/sotir. THE MOBILE MONEY PROGRAMME IS SUPPORTED BY THE BILL & MELINDA GATES FOUNDATION AND FLOURISH VENTURES. Foreword Foreword 2019 was a momentous year for the mobile harnessing digital finance for sustainable money industry. With over a billion registered development. Mobile money is accelerating accounts and close to $2 billion in daily progress towards the Sustainable transactions, mobile money is evolving like Development Goals and is contributing to the never before.
    [Show full text]
  • Mobile Net Zero: State of the Industry on Climate Action
    Mobile Net Zero State of the Industry on Climate Action 2021 Copyright © 2021 GSM Association Mobile Net Zero The GSMA represents the interests of mobile operators worldwide, uniting more than 750 operators with almost 400 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors. The GSMA also produces the industry-leading MWC events held annually in Barcelona, Los Angeles and Shanghai, as well as the Mobile 360 Series of regional conferences. For more information, please visit the GSMA corporate website at www.gsma.com Follow the GSMA on Twitter: @GSMA 2 Mobile Net Zero Contents 1. Forewords 04 John Giusti 04 Nigel Topping & Gonzalo Munoz 05 2. Executive summary 06 3. Net zero ambition 07 3.1 Case study: MTN on climate commitment 13 3.2 Case study: Vodafone on the net zero roadmap 14 3.3 Case study: AT&T on committing to carbon neutrality 15 4. Climate Action Taskforce 16 4.1 Case study: Globe Telecom – Taskforce Member 18 5. Understanding climate risks and opportunities 19 5.1 Case study: MTS on disclosing to CDP for the first time 21 5.2 Case study Singtel Optus on progressing TCFD to asset-level analysis 22 6. Carbon emissions of the industry 24 6.1 Case study: BT Group on corporate climate action 26 7. Digitisation and enablement 27 7.1 Snapshot: European Green Digital Coalition 30 7.2 Snapshot: Exponential Roadmap Initiative 30 8. Energy efficiency and mobile connectivity 31 8.1 Case study: Reliance Jio on energy efficiency 33 9.
    [Show full text]
  • Intelligent Operations for a 5G Era
    Intelligent operations for a 5G era www.tmforum.org Steffen Roehn Chairman TM F orum TM Forum has recently made an extremely challenging but very credible shi to become the driving force for all members concerning digit al leader ship and transformaǎon: that matches my vision and belief in progress through effecǎve collaboraǎon very well. Contents Our industry is transforming SECTION 1 SECTION 8 4 Welcome from 18 EXECUTE | Open the CEO Digital Framework SECTION 2 SECTION 9 6 We give our 26 EXECUTE | Career members TIME development SECTION 3 SECTION 10 8 THINK | Research 28 EXECUTE | Leadership & Media & awards SECTION 4 SECTION 11 10 THINK | Events 30 Glossary SECTION 5 SECTION 12 12 THINK | Community 32 Why become a TM Forum member? SECTION 6 14 INNOVATE & MAKE | Collaborating with members SECTION 7 16 INNOVATE & MAKE | Catalysts – An innovation marketplace 3 seCtIon 1 Intelligent operations for a 5G era I strongly believe that the next decade will be one of opportunity for the telecoms industry – for those who can move fast enough. Seizing the 5G era opportunity, as established industries race to digitize, demands a revolution in telecoms companies’ operating model – transforming time- to-market from years to days; simplifying and automating across the business; revolutionizing IT and embracing agile ways of working and partnering. TM Forum is a not-for-profit industry association with a 30-year heritage in bringing together the people behind the tools and processes that have underpinned growth of the telecoms industry. Our 850 member companies generate US$2 trillion in revenue and serve five billion customers across 180 countries.
    [Show full text]