Ooredoo at a glance (1)

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1 at a Glance

2 Disclaimer (parent company Q.S.C.) and the group of companies which it forms part of ( Group ) cautions investors that certain statements contained in this document state Group management's intentions, hopes, beliefs, expectations, or predictions of the future and, as such, are forward-looking statements. Group management wishes to further caution the reader that forward-looking statements are not historical facts and are only estimates or predictions. Actual results may differ materially from those projected as a result of risks and uncertainties including, but not limited to: Our ability to manage domestic and international growth and maintain a high level of customer service Future sales growth Market acceptance of our product and service offerings Our ability to secure adequate financing or equity capital to fund our operations Network expansion Performance of our network and equipment Our ability to enter into strategic alliances or transactions Cooperation of incumbent local exchange carriers in provisioning lines and interconnecting our equipment Regulatory approval processes Changes in technology Price competition Other market conditions and associated risks This presentation does not constitute an offering of securities or otherwise constitute an invitation or inducement to any person to underwrite, subscribe for or otherwise acquire or dispose of securities in any company within the Group. The Group undertakes no obligation to update publicly or otherwise any forward-looking statements, whether as a result of future events, new information, or otherwise

3 Overview at a glance (1) Revenue Diversity Revenue Growth (US$bn) Fixed 12% Mobile 88% Integrated telecom group - not a conglomerate Wide range of services, serving both consumer and business markets Growing fixed business Tunisia 7% Algeria 14% Myanmar Others Oman 1% 1% 8% Iraq 19% Kuwait 7% Qatar 22% Indonesia 25% Mix of developed and emerging markets Strong position in all major markets of operations EBITDA Margin (US$bn) % 47% 43% 39% Customer Diversity Investment (Capex - US$bn) Myanmar 2.1% Algeria 11.4% Kuwait 2.3% Others 12% Qatar 3.0% Tunisia 7.1% Iraq 11.5% >107 million customers Oman 2.4% Note: (1) As of December 31, USD = QAR Indonesia 59.2%

4 One of the fastest growing telco groups (1) Overview Tunisia Wataniya Palestine Iraq Qatar Pakistan Algeria Oman Kuwait Myanmar (2) Laos Cambodia Philippines Maldives Singapore Indonesia 2006 Record Growth 2014 Markets 2 15 CAGR Customers <2mn >107mn 64% Employees 2,200 17,000 29% Revenue US$ 1.2bn US$ 9.1bn 29% EBITDA US$ 726mn US$ 3.6bn 22% Note: (1) Revenue CAGR (2) Myanmar network launched in

5 Overview Driven by a successful track record of execution Wataniya Palestine IPO ISE US$3bn Bond Program Wataniya Group stake increased to 92.1% brand launch 2014 Myanmar network launched US$3.8bn Wataniya Group acquisition Successful US$125mn bid for Asiacell Indosat stake increased to 65% LSE US$5bn Bond Program Nawras IPO Initial Indosat stake increase to 40.8% 2010 Launch of Nawras NavLink partnership Launch of Wataniya Palestine Asiacell IPO and stake increased to 64.1% established 1987 Listing on Qatar Exchange Investment in StarHub (AMH) 2007 Obtained investment grade ratings Launch of wi-tribe Pakistan Launch of wi-tribe Philippines Total Group stake now 90% Source:

6 ...Backed by a solid story Overview International Communications Company An international telecom company with a total customer base of more than 96 million Operating mobile telecom networks in 15 countries in the MENA and Asia Pacific regions Strong market position in all major markets of operations Diversified and Balanced Portfolio Diversified assets in 15 countries with s home market (Qatar) representing less than 20% of total Group revenue Balanced mix of operations in relatively mature markets such as Qatar, Kuwait and Oman alongside markets with potential high growth such as Indonesia, Algeria, Iraq and Tunisia Government Ownership Clear Vision and Focused Financial and Credit Strength Experienced Management Direct State of Qatar (Aa2 / AA) ownership of 51.6% of voting shares, as well as the Golden Share, while other Qatari Government Related Entities hold 17.5% and Abu Dhabi Investment Authority holds 10.0% Government board members of hold or have held key positions in the State Administration Government support with regard to both domestic operations and international expansion Disciplined investments focused on delivering strategic and financial benefits Focus on increasing revenues from broadband data besides voice growth taking advantage of a high quality customer experience Improving performance by identifying synergies across the Group, product development and innovation and cost control High investment grade rating from all three agencies (A2 / Moody s, A- / S&P, A+ / Fitch) Strong financial performance with sustained growth in revenues, EBITDA margin and net profit Proactive debt and liquidity management, with capital expenditure covered by cash-flow generation Debt leverage (net debt / EBITDA) underpinned by a conservative credit policy Management with significant experience in the mobile and fixed-line telecommunications sectors Proven track record in delivering organic growth as well as making and integrating acquisitions Senior executives sit on the boards of all of s direct subsidiaries, ensuring consistency and compliance with the Group s overall strategy

7 The Way: Group strategic framework The Way Caring Connecting Challenging Lead on Customer Experience Strengthen our Foundations Accelerate Growth 1 Brand Roll Out 4 Management upgrade 8 B2B Rollout accelerated 2 3 Broadband growth Devices and Retail Accelerated Cost and CAPEX Optimization Accelerated Technology modernization Network sharing / Balance Sheet Optimization 9 10 Inorganic growth Digital Business More aggressive Planning & Performance Management More focused on Functional Support to OPCOs Continuing Process Improvement Source: 2014 Board Workshop

8 Full Service Operator Overview Fixed Mobile Data Residential Enterprise Data centers Wide array of cutting-edge products and services offered for both individuals and businesses Best-in-class services and leading position across key product lines Innovation-driven solutions and focus on in-house development

9 Key 1 Overview Operation Customers (millions) Market Position Revenue EBITDA (US$ mn) % of Group (US$ mn) % of Group Indonesia Mobile, fixed /8 2,031 22% % Iraq Mobile /3 1,729 19% % Qatar Mobile, fixed 3.1 1/2 1,963 22% % Algeria Mobile /3 1,270 14% % Kuwait Mobile 2.5 2/ % 130 4% Tunisia Mobile, fixed 7.6 1/ % 294 8% Oman Mobile, fixed 2.6 2/ % 306 9% Notes: (1) Full Year

10 Group Structure and Presence State of Qatar Qatari Government Related Entities Abu Dhabi Investment Authority (ADIA) Public/Others 51.6% 17.5% 10.0% 20.9% ( Q.S.C.) Group ( Group LLC) 92.1% Kuwait (NMTC) 25% Asia Mobile Holdings (Singapore) 100% 55% 100% 100% 80% 48.5% 90% 100% 64.1% 65% 86% 56.6% 49% 40% 38% Shenington Investments 49% 100% 1 Wataniya Mobile Asiacell Indosat wi-tribe StarHub LTC Mfone Liberty Telecom Navlink Qatar Oman Kuwait Maldives Algeria Palestine Tunisia Myanmar Iraq Indonesia Pakistan Singapore Laos Cambodia Philippines UAE Notes: (1) integrated within Q.S.C.; Also holds 72.5% of Starlink Qatar; (2) integrated within NMTC; (3) 71% is held via NMTC and a 9% stake is held via Q.S.C.; (4) 75% is held via NMTC and a 15% stake is held via a direct SPV of Q.S.C.; Source:

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