Sri Lanka Telecom PLC 2015

Total Page:16

File Type:pdf, Size:1020Kb

Sri Lanka Telecom PLC 2015 Sri Lanka Telecom PLC Annual Report 2015 Sri Lanka Telecom PLC Sri Lanka Telecom Annu al Report 201 5 Scan to view t he online version of this Annual Report Welcome to Sri Lanka Telecom PLC’s Annual Report 2015 -------- 03 Highlights -------- 04 Message from the Group Chairman -------- 06 Group Chief Executive Officer’s Review -------- 08 Stewardship 12 Board of Directors -------- 12 Leadership Team -------- 20 Corporate Governance -------- 25 Remuneration & Nomination Committee Report -------- 31 Risk Management -------- 32 Business Model 36 About Us -------- 36 Operating Environment -------- 38 Strategic Direction -------- 43 Stakeholders -------- 47 Materiality -------- 51 Value Creation and Capital Formation -------- 52 Management Discussion and Analysis 56 Financial Capital -------- 56 Institutional Capital -------- 62 Investor Capital -------- 64 Customer Capital -------- 67 Business Partner Capital -------- 78 Employee Capital -------- 79 Social and Environmental Capital -------- 84 Leadership and Recognition 90 Our Vision Driving Two Decades of Internet History in Sri Lanka -------- 90 All Sri Lankans seamlessly connected with world-class information, Awards and Accolades -------- 92 communication and entertainment services. Our Technological Milestones -------- 94 Our Mission Financial Reports 97 Annual Report of the Board of Directors on Your trusted and proven partner for innovative and exciting the Affairs of the Company -------- 98 communication experiences delivered with passion, quality Statement of Directors in Relation to their Responsibility and commitment. for the Preparation of Financial Statements -------- 103 Audit Committee Report -------- 104 Independent Auditors’ Report -------- 106 Our Values Statement of Profit or Loss and Other Comprehensive Income -------- 107 Statement of Financial Position -------- 108 Customer Caring Trustworthy Statement of Changes in Equity – Group -------- 109 We put our customers at the We are true to our promises Statement of Changes in Equity – Company -------- 110 centre of everything we do Statement of Cash Flow -------- 111 Innovative Responsive Notes to the Financial Statements -------- 112 We continuously invent We are ready to listen and new opportunities through act promptly Supplementary Information 165 creative thinking Our Subsidiary Businesses -------- 165 Teamwork Excellence Ten Year Progress - Group -------- 167 We are one team with a common We are committed to Portfolio of Lands -------- 168 purpose to achieve common goals exceptional performance GRI Content Index -------- 172 Abbreviations -------- 175 Results Driven Notice of Annual General Meeting -------- 176 We are committed to enhancing Form of Proxy -------- Enclosed shareholder value Corporate Information -------- Inner Back Cover Sri Lanka Telecom PLC Annual Report 2015 Stewardship Business Model Management Discussion and Analysis Leadership and Recognition Financial Reports Supplementary Information We pioneered telecommunications in Sri Lanka more than 150 years ago. We re-invented ourselves many times over to lead the telecom and digital revolutions in the country. We forge ahead in the spirit of pioneering and innovation. [ 01 ] Sri Lanka Telecom PLC Annual Report 2015 Welcome to Sri Lanka Telecom PLC’s Annual Report 2015 This Annual Report 2015 of Sri Lanka Telecom PLC is an integrated report. It communicates coherently and concisely Compliance the relationships and interdependence of the many aspects of This Annual Report 2015, covers the 12-month period our business - such as strategy, governance, performance and 1 January to 31 December 2015 and is consistent with prospects - in the context of creating value over time. our usual annual reporting cycle for financial and sustainability reporting. The underlying concepts that provide the structure of our integrated reporting, are discussed in the section on Business There are no significant changes from previous reporting Model commencing on page 36, where we also explain the periods in the scope and aspect boundaries. The most recent broader meaning of value creation and capital formation – previous Annual Report, dated 27 February 2015, covered the a recurrent theme that runs throughout the Report. 12-month period ending 31 December 2014. It is available on our website www.slt.lk. In preparing this Report we have drawn on concepts, principles and guidance given in the following where The information contained in this Report, as in the past, applicable: is in compliance with all applicable laws, regulations and Global Reporting Initiative (GRI) Sustainability Reporting standards as well as guidelines for voluntary disclosures. Guidelines G4; Details are given in the section on corporate governance (page 25) and the independent auditors’ report (page 106). The International Integrated Reporting Framework; and The Smart Integrated Reporting MethodologyTM. Precautionary Principle The Company applies the precautionary principle in relation Report Boundary to social and environmental sustainability. We are highly mindful of the impacts caused to society and environment The overall boundary of this Annual Report comprises by our actions and take necessary actions to mitigate Sri Lanka Telecom PLC and its subsidiaries, duly identified as such risks. ‘SLT’ or the ‘Company’ individually, and ‘Group’ collectively. Consistent with the framework adopted in the previous year, key financial aspects are discussed in the context of the Company and the Group. SLT Group’s business is dominated Queries by two principal segments, namely, fixed ICT operations and We welcome your comments or questions on this Report. mobile ICT operations. Our Management Discussion and You may contact: Analysis thus treats these two segments either separately or as one ‘ICT business’ as appropriate and duly identified Mr Mahesh Athukorale, as such. Company Secretary Sri Lanka Telecom, Lotus Road, Colombo 01, Sri Lanka. Telephone: +94 11 239 9478 Email: [email protected] Web: www.slt.lk [ 03 ] Annual Report 2015 Sri Lanka Telecom PLC Stewardship Highlights Business Model Management Discussion and Analysis Leadership and Recognition Financial Reports Supplementary Information 2015 2014 Change (%) Group Revenue (Rs. billion) 68.02 65.04 4.58 Operating profit (Rs. million) 6,789 5,711 18.88 Profit before tax (Rs. million) 5,515 8,251 -33.16 Profit after tax (Rs. million) 3,724 6,001 -37.94 Earnings per share (Rs.) 2.06 3.32 -37.94 Return on equity (%) 5.71 9.39 Company Revenue (Rs. billion) 40.56 38.95 4.13 Operating profit (Rs. million) 2,371 2,227 6.47 Profit before tax (Rs. million) 2,795 4,859 -42.48 Profit after tax (Rs. million) 1,728 3,324 -48.01 Earnings per share (Rs.) 0.96 1.84 -48.01 Return on equity (%) 2.94 5.67 Mobitel Revenue (Rs. billion) 32.56 30.60 6.41 Profit before tax (Rs. million) 3,351 3,461 -3.16 Profit after tax (Rs. million) 2,713 2,817 -3.69 Revenue (Rs. million) Profit before tax (Rs. million) 75,000 8,750 60,000 7,000 45,000 5,250 30,000 3,500 15,000 1,750 0 0 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 SLT Mobitel Group SLT Mobitel Group Profit after tax (Rs. million) Earnings per share (Rs.) 7,500 3.75 6,000 3.00 4,500 2.25 3,000 1.50 1,500 0.75 0 0 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 SLT Mobitel Group SLT Group [ 04 ] Sri Lanka Telecom PLC Annual Report 2015 Stewardship Highlights Business Model Management Discussion and Analysis Leadership and Recognition Financial Reports Supplementary Information Centres of Excellence Realignment of the organisation structure to the needs of the business successfully carried out through centres of excellence focused on planning, sales, service delivery and network operation Customers Fixed ICT Mobile ICT Broadband PEO TV Mobile Subscribers 8.5% 39.6% 9.3% 490,048 531,437 124,851 174,278 5,400,000 5,900,000 (2014) (2015) (2014) (2015) (2014) (2015) Speed Up Campaign ‘Speed Up’ campaign launched to aggressively promote countrywide adoption of fibre and LTE services New Products Fibre optic broadband launched Cloud platform established Projects Increased the coverage of SLT set up a PoP in Completely migrated to 3,128 km of fibre optic cable SLT carrier grade Wi-Fi Singapore for improved the NGN network from added to the network under network to more than Internet reliability the legacy network i-Sri Lanka project 200 sites island wide [ 05 ] Message from Annual Report 2015 Sri Lanka Telecom PLC the Group Chairman The digital revolution is turning the world into an all-pervasive information system. Superfast broadband is driving this revolution in transforming the global economy and lifestyles, be it in creating new business models, improving process efficiencies, reducing costs and much more. However, to achieve full potential, it also calls for overcoming certain hurdles, particularly those of a technical, behavioural and regulatory nature. [ 06 ] Sri Lanka Telecom PLC Annual Report 2015 Message from the Group Chairman As the flagship national ICT solutions provider and the Group revenue in 2015 rose by a modest 4.6% while national backbone network operator, we at SLT are at operating profit increased by a commendable 18.9% over the the forefront of this revolution in Sri Lanka. Ours is a previous year. While these are sound results that have also two-pronged strategy that supports national ICT imperatives remained consistent over the past, the temporary setback while delivering long-term value to shareholders. in profitability during the year was due to a large foreign exchange loss arising
Recommended publications
  • PDF/Population/ P9p10%20Literacy%20Rates%20By%20District,%20Sex%20An Census and Statistics, Sri Lanka) D%20Sector.Pdf 5 Department of Census and Statistics Sri Lanka
    Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized i | Broadband in Sri Lanka: A Case Study ii | Broadband in Sri Lanka: A Case Study © 2011 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org E-mail: [email protected] All rights reserved The findings, interpretations and conclusions expressed herein are entirely those of the author(s) and do not necessarily reflect the view of infoDev, the Donors of infoDev, the International Bank for Reconstruction and Development/The World Bank and its affiliated organizations, the Board of Executive Directors of the World Bank or the governments they represent. The World Bank cannot guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply on the part of the World Bank any judgment of the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The International Bank for Reconstruction and Development/The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to infoDev Communications & Publications Department; 2121 Pennsylvania Avenue, NW; Mailstop F 5P-503, Washington, D.C.
    [Show full text]
  • Airtel Sim Replacement Offer
    Airtel Sim Replacement Offer scrummageClarence swirl while prosaically Lancelot while substituting unimpaired some Hashim Celtic adiabatically.menaced distally Bittersweet or exudes Lorne mystically. dive-bombs Particularised unhopefully. and chordate Bradley scrutinises her tarantism No jail time for convicted abuser? Vishal is offering more value to airtel sim replacement bd sim will be active or doubts please share some better check signals on airtel sim chennai? What should dad do missing you find yourself a mammoth of SIM swap fraud? Major telcos to offer big internet and sim offers, offering from the worst internet package will receive a retails shop. NOTE letter will cost 100-110TK to getreplace a 4G enabled SIM. Go Back to Yahoo. After this, where you can request for the new SIM at your place. Airtel SIM Replacement Offer & Details 2021 SIM Offer BD. The clause will also fill you in passage of lost SIM. Our affiliate program is the easiest way to become an Airalo Partner. Gift card replacement sim offers replacement form of airtel sim do is offering from a referral code. Keep updated on issues that interest you. Full talktime is the airtel offers chennai prepaid sim card, otherwise the nominal amount. Hughes Communications India Ltd. How knew you quite a SIM Card? Can cut use my mobile's SIM card done my Mobile Broadband device. CollectReplace 4G SIM From getting Care airtel 4G airtel offers airtel 4G SIM Replacement Dial 123. Will airtel sim replacement cost you with faster mobile. It only gives you basic information about availability and prices. But many customers reported they had faced issues like delay in those systems.
    [Show full text]
  • COVID-19 Impact on Internet Performance Case Study of Afghanistan, Nepal, and Sri Lanka
    COVID-19 Impact on Internet Performance Case Study of Afghanistan, Nepal, and Sri Lanka March 2021 CC BY-NC-SA 4.0 COVID-19 Impact on Internet Performance – Case Study of Afghanistan, Nepal, and Sri Lanka 2 Table of Contents 1 Introduction 3 1.1 Scope of the Study 4 2 State of Internet Infrastructure 5 2.1 Network 5 2.1.1 International Connectivity 5 2.1.2 Domestic Backhaul and Last-Mile Infrastructure 8 2.1.3 Internet Exchange Points (IXPs) 9 2.2 Services 11 2.2.1 Local Content 11 2.2.2 Data Centers 12 3 Internet Infrastructure Performance 13 3.1 User Experience Survey 13 3.2 Internet Speed Test 17 4 Review of Network 19 4.1 Weak Infrastructure 20 4.2 Demand-Side Drivers 21 4.3 Supply-Side Drivers 22 5 The Way Forward 23 5.1 Infrastructure Reforms 24 5.1.1 Network 24 5.1.2 Services 26 5.2 Institutional Reforms 27 5.2.1 Short-Term Measures 27 5.2.2 Medium to Long-Term Measures 28 internetsociety.org CC BY-NC-SA 4.0 @internetsociety COVID-19 Impact on Internet Performance – Case Study of Afghanistan, Nepal, and Sri Lanka 3 1 Introduction Internet is an empowering tool that enables its users to learn, earn, and be entertained. Its inherent borderless, decentralized, and all-inclusive design principles encourage provision of meaningful access to everyone, without any discrimination. When the COVID-19 pandemic hit at the turn of 2020, it challenged the foundations of social and economic norms around the world.
    [Show full text]
  • Exploring Sustainability Management for the Telecommunication Industry: a Case Study of the Sri Lankan Mobile Telecommunication Industry
    Proceedings of 8th International Research Conference, KDU, Published November 2015 Exploring Sustainability Management for the Telecommunication Industry: A Case Study of the Sri Lankan Mobile Telecommunication Industry DR Ratnajeewa1#and D Hewage2 1Department of Management and Finance, Kotelawala Defence University, Ratmalana, Sri Lanka 2 Colombo International Nautical & Engineering College (CINEC) Campus, Malabe, Sri Lanka [email protected] Abstract— Sustainability management has gained overall sustainability of the industry is satisfactory, but significance in almost all the industries worldwide. there is much space for sustainability development in Organizations embrace the concept of sustainability due most of the categories. Specifically the environmental to a wide range of reasons, varying from customer sustainability is still lacking behind apart from the pressure to profit maximization. The telecommunication practice of e-billing (reduced paper consumption) and industry plays a vital role of a country. It is a major facility sharing. contributor of the economy and plays a major role in society, as it facilitates the communication among and Keywords—Telecommunication industry, between people and organisations. Therefore the Telecommunication sustainable management index, sustainability of the industry is of great importance. The Sustainability Sri Lankan mobile telecommunication industry which consists of five organisations is one of the most important I. INTRODUCTION sectors which directly and indirectly contributes to the A. Introduction economy of the country and utilizes a huge amount of Sustainability management has gained significance in resources. On the other hand it is vital for the almost all the industries worldwide. Organizations communication link of society as well as industry. Overall embrace the concept of sustainability due to a wide it’s an industry of utmost importance to the country.
    [Show full text]
  • Best Practice in Mobile Spectrum Licensing
    Best practice in mobile spectrum licensing September 2016 Copyright © 2016 GSM Association Best practice in mobile spectrum licensing 4 1 The GSMA represents the interests of mobile CEG is a leading global economic consultancy with operators worldwide, uniting nearly 800 operators offices in Brussels, Düsseldorf, London, Milan, Paris, with more than 250 companies in the broader mobile Rotterdam and Sydney. We help clients with high ecosystem, including handset and device makers, quality economic analysis in the fields of competition software companies, equipment providers and Internet policy, regulation, commercial litigation and disputes. companies, as well as organisations in adjacent Formed in 2007, CEG is repeatedly listed amongst the industry sectors. The GSMA also produces industry- world’s leading 21 competition economics firms by leading events such as Mobile World Congress, Mobile Global Competition Review. Our highly experienced World Congress Shanghai and the Mobile 360 Series experts, consistently rated by peers and clients in the conferences. list of recommended competition economists. For more information, please visit the GSMA corporate For more information, visit CEG online: website at www.gsma.com. Follow the GSMA on www.ceg-global.com Twitter: @GSMA. Best practice in mobile spectrum licensing 4 2 Contents Summary 5 The importance of spectrum licensing 7 Operators also need certainty in relation to spectrum access to support the high level of investment required 9 Approaches to assigning spectrum 11 Auction design 13 Administrative
    [Show full text]
  • Telecommunications Sector and Regulatory Performance in Sri Lanka: a Tale of Missed Opportunities?
    Final Report: Sri Lanka Case Study for Six Country, Multi-Component Project May 2007 Telecommunications Sector and Regulatory Performance in Sri Lanka: A Tale of Missed Opportunities? Malathy Knight-John Institute of Policy Studies of Sri Lanka1 Study done for LIRNEasia 1 The views expressed in this study are those of the author and do not necessarily reflect those of the Institute of Policy Studies of Sri Lanka. Table of Contents Acknowledgments 3 Introduction 4 Methodology and limitations 7 Supply-side indicators in context: key reform and regulatory 8 episodes in the sector Perceptions on regulatory efficacy: Telecommunications Regulatory 20 Environment (TRE) survey in Sri Lanka The future: bridging the gaps 24 References 26 Annexes 27 2 Acknowledgments The author gratefully acknowledges the timely inputs provided by key stakeholders in the telecommunications policy space for the TRE survey and for the compilation of supply- side indicators for Sri Lanka. The extensive input provided by Indika Siriwardene, Data Base Manager, Institute of Policy Studies (IPS) is greatly appreciated. The valuable assistance provided by my colleagues at the IPS: Dilani Hirimuthugodage, Jeevani Kapugama, Amrit Rajapakse, Shantha Jayasinghe and Nirmali Sivapragasam in carrying out the TRE survey is also acknowledged. 3 1. Introduction Telecommunications sector reforms in Sri Lanka began in 1980 with the de-linking of government owned posts and telecommunications services. From then on, the sector experienced fundamental changes with the restructuring and partial privatization of the state-owned incumbent operator; permitting market entry in the mobile telephony market; competition in the fixed wireless local loop (WLL) segment of the fixed market; and the establishment of a five-member regulatory commission with its own fund and with relatively more workable independence than a typical government department in Sri Lanka.
    [Show full text]
  • Downloadannual Report
    Return to Contents Annual Report 2019 Sri Lanka Telecom PLC 02 Sri Lanka Telecom PLC Annual Report 2019 Every Step of the Way... With every Fibre of our Being. At the end of the day...it’s always the Big Picture that’s important. Yes – Sri Lanka Telecom is Sri Lanka’s premier “legacy” communications provider over decades; yes – we are today Sri Lanka’s leading proponent and provider of cutting-edge technology inspired solutions in the ICT realm that has transformed Sri Lanka. But...what really is the Big Picture? All of this we have accomplished for a single purpose only...to walk in step with every citizen of this country, providing the products and services they need, anticipating what they will need and value adding...at every turn. CONTENTS 03 23-33 107 About the Report Business Model Financial Reporting 23 - Operating Environment 108 - Annual Report of the Board of 26 - Strategy Directors on the Affairs of the 28 - Value Creation Model Company 30 - Stakeholders 113 - Statement of Directors in relation to 04-09 their responsibility for the preparation of Financial Statements 114 - Independent Auditors’ Report About SLT 118 - Statement of Profit or Loss and 34-75 other Comprehensive Income 119 - Statement of Financial Position Management Discussion 120 - Statement of Changes in Equity – Group and Analysis 121 - Statement of Changes 10-11 in Equity – Company 34 - Financial Capital 122 - Cash Flow Statement 40 - Institutional Capital 123 - Notes to the Financial Statements Highlights of the Year 46 - Investor Capital 49 - Customer Capital
    [Show full text]
  • Broadband in Sri Lanka: a Case Study Ii | Broadband in Sri Lanka: a Case Study
    i | Broadband in Sri Lanka: A Case Study ii | Broadband in Sri Lanka: A Case Study © 2011 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org E-mail: [email protected] All rights reserved The findings, interpretations and conclusions expressed herein are entirely those of the author(s) and do not necessarily reflect the view of info Dev, the Donors of info Dev, the International Bank for Reconstruction and Development/The World Bank and its affiliated organizations, the Board of Executive Directors of the World Bank or the governments they represent. The World Bank cannot guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply on the part of the World Bank any judgment of the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The International Bank for Reconstruction and Development/The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to info Dev Communications & Publications Department; 2121 Pennsylvania Avenue, NW; Mailstop F 5P-503, Washington, D.C. 20433, USA; telephone 202-458-4070; Internet: www.infodev.org ; E-mail: [email protected] .
    [Show full text]
  • GSM Worldwide Networks on Air
    GSM Worldwide Networks on Air GSM Worldwide Networks on Air Showing All Live Networks (As of Apr 2004) Country/Area Organisation Name Network Name** Licensed Service Technology Service Area Start Date AFGHANISTAN Telecom TDCA AFGHANISTAN GSM 900 Jun 2003 Development Company Afghanistan Ltd. AFGHANISTAN Telephone Systems AWCC AFGHANISTAN GSM Apr 2002 International Inc 900/1800 ALBANIA Albanian Mobile A M C MOBIL Albania GSM 900 May 1996 Communications ALBANIA Vodafone Albania vodafone ALBANIA GSM Aug 2001 900/1800 ALGERIA Algerie Telecom ALGERIAN MOBILE ALGERIA GSM 900 Feb 1999 NETWORK ALGERIA Orascom Telecom Djezzy ALGERIA GSM Feb 2002 Algerie Spa 900/1800 ALGERIA Wataniya Telecom Wataniya Telecom ALGERIA GSM Jul 2004 Algerie Algerie 900/1800 ANDORRA Servei De Tele. MOBILAND Andorra GSM 900 Mar 1995 DAndorra ANGOLA UNITEL S.a.r.l. UNITEL ANGOLA GSM 900 Apr 2001 ANGUILLA Cable & Wireless Cable & Wireless (West ANGUILLA GSM 850 Sep 2003* (West Indies) Ltd. Indies) Ltd. Anguilla Anguilla ANTIGUA & Antigua Public APUA PCS ANTIGUA & GSM 1900 Jan 2000 BARBUDA Utilities Authority- BARBUDA APUA ANTIGUA & Antigua Wireless Antigua Wireless ANTIGUA & GSM Oct 2002* BARBUDA Ventures Limited Ventures Limited BARBUDA 900/1900 ANTIGUA & Cable & Wireless Cable & Wireless ANTIGUA & GSM 850 Jan 2004* BARBUDA Caribbean Cellular BARBUDA (Antigua) Limited ARGENTINA CTI Compania de CTI Movil ARGENTINA GSM Nov 2003* Telefonos del 850/1900 Interior S.A. ARGENTINA CTI PCS S.A. CTI Movil ARGENTINA GSM 1900 Nov 2003* ARGENTINA Hutchison PORT-HABLE ARGENTINA GSM 900 Mar 2001* Telecommunications Argentina S.A. ARGENTINA Telecom Personal SA Personal ARGENTINA GSM 1900 May 2001 ARGENTINA Telefonica UNIFON ARGENTINA GSM 1900 Jun 2002 Comunicaciones Personales SA ARMENIA REP OF ArmenTel ARMGSM Armenia Rep.
    [Show full text]
  • Asia Pacific Set for 417 Million SVOD Subs
    Asia Pacific set for 417 million SVOD subs Despite the negative impact from the coronavirus and the Chinese economic downturn, Asia Pacific will have 417 million SVOD subscriptions by 2025, up from 269 million in 2019. China will have 269 million SVOD subscriptions in 2025 – or 65% of the region’s total. India will supply a further 45 million – more than double its 2019 total. SVOD subscribers by platform in 2025 (000) Others, 47,340 Other China, 33,916 Disney+, 15,469 Apple TV+, 2,140 Amazon, 23,644 iQiyi, 100,672 Netflix, 34,286 India*, 24,737 Tencent, 99,595 Youku Tudou, 34,993 Source: Digital TV Research. * excluding US-based platforms Three Chinese companies will top the Asia Pacific SVOD subscriber rankings in 2025 – with two recording 100 million subscribers. Never expected to operate as standalone platforms in China, Netflix and Amazon Prime Video will take fourth and fifth places respectively. Simon Murray, Principal Analyst at Digital TV Research, said: “China will also dominate the SVOD revenue rankings. The top five platforms [Tencent Video, Iqiyi, Netflix, Disney+ and Youku Tudou] will account for two-thirds of the region’s SVOD revenues by 2025.” Netflix’s revenues will more than double between 2019 and 2025 to $3.19 billion. Disney+ will generate $1 billion in 2025, despite starting only recently. Murray continued: “Asia Pacific SVOD revenues will reach $18.25 billion in 2025; up by $8 billion on 2019. These forecasts are lower than our previous edition.” Asia Pacific OTT TV & Video Forecasts Table of Contents Published in March 2020, this 212-page PDF, PowerPoint and excel report provides extensive research for 22 territories.
    [Show full text]
  • Most Socially Active Professionals
    The World’s Most Socially Active Telecommunications Professionals – October 2020 Position Company Name LinkedIN URL Location Size No. Employees on LinkedIn No. Employees Shared (Last 30 Days) % Shared (Last 30 Days) 1 WOM Colombia https://www.linkedin.com/company/64636588 Colombia 501-1000 312 197 63.14% 2 American Tower do Brasil https://www.linkedin.com/company/9257860 Brazil 201-500 300 103 34.33% 3 CityFibre https://www.linkedin.com/company/2214861 United Kingdom 501-1000 755 249 32.98% 4 NFON https://www.linkedin.com/company/934860 Germany 201-500 255 77 30.20% 5 EPOS https://www.linkedin.com/company/30739726 Denmark 1001-5000 291 87 29.90% 6 GSMA https://www.linkedin.com/company/12380 United Kingdom 501-1000 1,024 303 29.59% 7 Dialpad https://www.linkedin.com/company/3967399 United States 201-500 547 158 28.88% 8 Eurofiber Nederland https://www.linkedin.com/company/25718 Netherlands 201-500 300 86 28.67% 9 Skyline Communications https://www.linkedin.com/company/201360 Belgium 201-500 346 93 26.88% 10 Truphone https://www.linkedin.com/company/39711 United Kingdom 201-500 492 126 25.61% 11 Sigfox https://www.linkedin.com/company/2731408 France 201-500 379 96 25.33% 12 Phoenix Tower International https://www.linkedin.com/company/4989868 United States 201-500 261 66 25.29% 13 Bouygues Telecom Entreprises https://www.linkedin.com/company/2515692 France 1001-5000 995 235 23.62% 14 Monty Mobile https://www.linkedin.com/company/2423880 United Kingdom 501-1000 255 59 23.14% 15 TAWAL- Telecommunications Towershttps://www.linkedin.com/company/14784924
    [Show full text]
  • Hutchison 3(Tri) Seeking Consolidation
    Equity Research Hutchison 3 Company Update Thursday, 11 July 2019 Non Listed Hutchison 3(Tri) Seeking Consolidation The Vice President Director of Hutchison Indonesia (Tri) revealed that Hutch was aiming for two-digit growth in 2019 supported by sizeable capex of USD500mn. Hutch is racing to reach optimal scale by 2020-21, when relatively unhindered by debt it would be an attractive target for consolidation. The telco with a deadline to meet. Hutch 3 previously burdened by huge debt Stock Statistics of ~Rp47tn is looking to become debt-free and roll out 4G network in Java and non-Java particularly Sumatra and Sulawesi. Hutch, given its limited spectrum, Sector Telco seeks greater economies of scale with strong revenues growth by 2020-21. It will make bids for new radio spectrum either from new auctions or synergize through partnerships with peers. Key takeaway: aiming for massive growth by Indonesian standards. The key takeaway is that Hutch aims to grow its topline by 20% this year by deploying 9,000 new 4G base stations in 2019 to add to the existing 22,000 BTS at end- Major shareholders (%) FY18. Network improvements and BTS rollout will be supported by capex of Hutchison Asia Telecom 66% ~USD500mn which approximates to a 50% capex/sales ratio. After the challenging sim-reregistration process, Hutch registered ~18mn subs according Tiga Telekomunikasi 33% to Dukcapil, which has now quickly climbed back to ~40mn, with a sizeable core Estimated free float 0% generating ARPU of ~IDR40k. Hutch 3 aims to raise the EBITDA margin to 35- 38% from below the 30s in 2018.
    [Show full text]