1.0% Revenue growth 1

Transcription

1 1.0% Revenue growth 1

2 Grameenphone Ltd. Business highlights Rajeev Sethi, CEO

3 Highlights 11.8% 1.0% subscription Revenue and traffic growth revenue growth (YoY)* Improved SIM market share of 43.0% 4.1 Mn net addition of internet users** 56% SIM Reregistration*** *Revenues generated by own subscription (excludes interconnection) **Minimum 150 KB usage within last 90 days ***As of 18 April

4 1Q 2016 A strong quarter Daily Subscription and Traffic Revenue (BDT Mn)* 263 Healthy growth in subscription and traffic revenue Improved SIM market share 19.9 Mn internet users 1804 new 3G sites rolled out Strengthened digital services portfolio Subscriptions (Mn) and Market Share Enhanced distribution foot print 42.0% 41.9% 42.2% 42.4% 43.0% *Average daily revenues generated by own subscription (excludes interconnection) 4

5 Regulatory updates SIM re-registration through NID & Biometric Verification System High Court termed biometric SIM registration of mobile phones as legal Re-registration of 56%* of total sub base completed BTRC Audit BTRC audit is yet to get started Still awaiting for clarification of earlier audit claim from BTRC Spectrum Auction BTRC is in process of spectrum auction in 1800 & 2100 MHz bands Likelihood of amendment in guideline * As of 18 April

6 Corporate Responsibility Grameenphone works to maximize the impact of communication services by creating shared value for society and business Enable Safe Internet Disaster Response Enabling underserved group through ICT based education initiatives Providing safe services and user experience on mobile and internet Extending support for community in the time of natural disasters 10 online schools located in different remote locations Localizing Khan Academy website contents in Bengali Online Book reading program: Alorpathshala.org Child Helpline with UNICEF to provide support to the vulnerable children across the country. Celebrated Safe Internet Day on 9 th February 2016 and conducted Safe Internet Workshop for the parents at Save The Children HQ. During any natural disaster (e.g. Floods, Cold Waves etc) GP stands behind the underserved community in providing required support. 6

7 Grameenphone Ltd. Financial Results Dilip Pal, CFO

8 1Q2016: Solid quarter with improved topline growth and healthy margin 1.0% Revenue growth 9.5% Revenue growth 55.3% EBITDA margin 9.1 Bn BDT Capex BDT 4.15 Earnings per share 8

9 1Q straight quarters of sequential revenue growth Revenue (BDT Bn) and Growth (YoY) Subscription and Traffic Revenue Growth (YoY) * % 1.0% 0.4% 3.3% 3.4% 9.5% 3.9% 5.2% 0.2% 0.1% 71% data revenue growth 20% growth in VAS revenue *Revenues generated by own subscription (excludes interconnection) 9

10 1Q 2016 Data revenue growth momentum continues Data Revenue (BDT Bn) and % of Service Revenue* + 6.6%* Active Data Users (Mn) and % of Sub-base** % 8.1% 9.1% 9.7% 10.7% 21.3% 25.2% 27.4% 27.7% 35.3% Q1'15 Q2'14 Q3'15 Q4'15 Q1'16 *Revenues generated by own subscription (includes interconnection) ** Minimum 150 KB usage within last 90 days 10

11 1Q 2016 Stabilizing service APPM ARPU, AMPU and APPM 8.2% subscriber growth % AMPU growth ARPU (BDT) AMPU APPM (BDT) 11

12 1Q 2016 Higher revenue and efficient spending contributing to improved EBITDA Opex (BDT Bn) and Margin *EBITDA (BDT Bn) and Margin 7.0% 1.7% 4.4% 11.8% 4.1% YoY 9.4 QoQ YoY 14.7 QoQ % 36.1% 38.4% 35.0% 35.5% 54.2% 53.9% 50.8% 54.6% 55.3% * EBITDA before other items 12

13 1Q 2016 More than 80% of population under 3G coverage 3G Site Rollout (Cumulative) *Capex (BDT Bn) and Capex/Sales% 7, % YoY 99.1% QoQ 5,601 5, ,615 4, % % % 17.0% 33.0% 1,804 3G sites addition during the quarter Ambition of 10,000 3G sites by June 16 * Excluding license fees 13

14 1Q 2016 OCF of BDT 6.2 Bn and Net debt/ebitda of 0.36 *OCF (BDT Bn) and OCF/Sales% + 6.6%* Net debt (BDT Bn) and Net debt/ebitda** 38.1% YoY 38.9% QoQ % % 33.5% 37.6% 22.3% *OCF equals EBITDA minus Capex ** 12 months rolling EBITDA. Net Debt = Short term debt + Long term debt - Cash and Cash equivalents 14

15 1Q 2016 Improved earnings despite higher depreciation and amortization NPAT (BDT Bn) and Margin EPS (BDT) + 6.6%* 4.9% 10.2% 4.9% 10.2% YoY QoQ YoY QoQ % 19.5% 15.6% 19.0% 20.4% 15

16 Summing up A strong quarter to start 2016 Data revenue growth momentum continues Higher revenue and efficient spending contributing to improved EBITDA Image of alor jatra Investment to continue for strengthening network supremacy In consideration of the local regulations, GP does not provide any forward looking statement. 16

17 Thank You