Posts tagged ‘Mobile Network Operator’
French communications and entertainment group Vivendi reported a 23.7% year-on-year rise in consolidated revenues (22.1% at constant currency) to EUR6.5 billion (USD8.83 billion), as a result of strong performance from the likes of telecoms arm SFR and expected synergies delivered following recent acquisitions. Group EBITDA reached EUR1.4 billion, an increase of 15.8% (13.8% at constant currency) compared to the first quarter of 2008. Vivendi said adjusted net income was EUR649 million, down EUR48 million compared to the first quarter of 2008, mainly due to the increasing interest and share of earnings attributable to minority interests. Nonetheless, the company confirmed its 2009 outlook for strong growth of EBITA.
SFR’s revenues increased to EUR3.028 billion in the three months ended 31 March 2009, up by 31.5% compared to the same period in 2008, due to the consolidation of neuf Cegetel since 15 April 2008. On a comparable basis, SFR’s revenues decreased by 0.8% y-o-y, although excluding the impact of the decrease in switched voice revenues and equipment sales, SFR revenues increased by 1.4%, it said. Mobile turnover generated EUR2.181 billion in sales which Vivendi said was ‘stable’ due to a EUR22 million decrease in equipment sales to EUR77 million. Mobile service revenues, however, rose 1.2% year-on-year to EUR2.104 billion, driven by growth of the customer base and a sharp (36%) rise in data revenues following the launch of unlimited SMS and MMS offers, and strong development of mobile internet services in the mass market and enterprise segments. SFR added 118,000 net new mobile customers in January-March, equivalent to 51% of net additions in the period. Furthermore, SFR reported an improvement in its customer mix (+3.5 percentage points year-on-year to 69.6%), adding 178,000 new post-paid customers in the period to achieve 13.76 million contract customers at the end of March 2009. SFR launched the iPhone on 8 April, and says it has already sold 120,000 handsets.
SFR (including neuf Cegetel) reported broadband internet and fixed revenues of EUR934 million in 1Q09, down 2.7% compared to the same period in 2008 on a comparable basis. Broadband internet and fixed revenues increased by 2.3%, excluding the impact of the decrease in switched voice revenues. Aided by the launch of the ‘neufbox by SFR’, SFR added 163,000 net new broadband internet active customers in the period (or >30% of all quarterly net additions). At the end of March 2009 SFR’s broadband subscriber base totalled 4.042 million, up 9.3% compared to the same period in 2008. In addition, SFR had 164,000 Enterprise data links connected to the SFR network, 10.1% higher than a year earlier. SFR’s broadband internet and fixed EBITDA, including neuf Cegetel’s operations since 15 April 2008, decreased by EUR19 million on a comparable basis to EUR133 million.
Ukrainian wireless network operator life:) has published its results for the three months ended 31 March 2009, showing an annual 22.3% increase in subscribers to 11.5 million. Of the total, 8 million were deemed by the operator to be ‘active’, having made or received a call/SMS in the last three months. Revenues in the first quarter of 2009 were USD79.1 million, a 12.3% decrease compared to the same period of 2008. EBITDA was USD3.6 million, compared to USD2.1 million in the same period of 2008, while net losses were USD24.4 million, down from a loss of USD32.4 million in Q1 2008. General director of life:) Tansu Yegen said: ‘The first quarter of 2009 has been very challenging for the economy of Ukraine with the worsening macroeconomic situation seriously effecting the business. The national currency depreciated by around 52% against the US dollar as of 31 March 2009 compared to a year ago, although remained stable compared to the previous quarter.’
MasterCard is going to launch its P2P mobile remittance platform for issuers in the US later this month. MasterCard has partnered with The Bancorp Bank for this launch and worked with US mobile payments services provider Obopay to add a mobile channel to its money transfer platform MoneySend. In a first phase, consumers will be able to use MoneySend with a MasterCard prepaid card issued by The Bancorp Bank and link it to their mobile phone number to send or receive money. Banks who will use the platform will enable customers who register for MoneySend to use it with their everyday accounts, including MasterCard debit, credit, prepaid or checking, as determined by their issuer. The platform enables users to send and receive funds via SMS message, mobile web browser or a downloadable MoneySend application. Upon the initiation of the transfer, the sender approves the request by entering the MoneySend mobile PIN which is only known by the accountholder. Subsequently, the recipient receives a text message confirmation of the transfer (for pre-registered users) or that the transfer is pending (for yet to be registered users). The funds can then be accessed by the recipient through an account designated during the registration process. Initially, this will be a prepaid account with The Bancorp Bank. These funds are then available for access through the mobile phone. If the consumer has a MasterCard card associated with the account the funds can also be accessed at traditional points of interaction, including ATMs, over-the-counter at a bank branch, or at the point-of-sale.
French mobile operator Bouygues Telecom posted a 6% increase in sales for the three months to 31 March 2009 on the back of solid subscriber growth. Sales from network services grew 5% year-on-year to EUR1.175 billion (USD1.603 billion), including a EUR9 million contribution from its fixed line business, it said. Bouygues added a net 144,000 new mobile customers in the first quarter of 2009, compared with 51,000 in the first quarter of 2008. As at 31 March 2009, Bouygues Telecom’s cellular user base totalled 9.739 million, of which 7.348 million were on post-paid contracts — 75.5% of the total customer base — a year-on-year increase of 1.7 percentage points.
Clearwire, the US wireless broadband operator 51% owned by Sprint Nextel, has reported a narrowing of first-quarter losses to USD71.06 million, compared to a pro forma loss of USD76.44 million a year earlier (before Sprint and Clearwire unveiled their USD12 billion partnership to combine their planned nationwide mobile WiMAX networks). Revenue in the three months to the end of March 2009 rose 21% year-on-year to USD62.1 million. According to TeleGeography’s GlobalComms database, Clearwire provides broadband internet services in at least 50 markets nationwide via fixed wireless networks which utilise a combination of pre-WiMAX and true 802.16e mobile WiMAX technologies. Clearwire, which has so far launched commercial WiMAX in Baltimore and Portland, Oregon, reported that it added 25,000 subscribers in the first quarter, bringing its total base to 500,000 (up 57,000 year-on-year). The firm expects to add 802.16e networks in Atlanta, Las Vegas, Chicago, Charlotte, Dallas/Fort Worth, Honolulu, Philadelphia and Seattle during 2009. The company said yesterday that it still plans to expand its ‘Clear 4G’ WiMAX service to 80 markets covering a potential 120 million customers by the end of 2010 but the plan could be altered depending on the availability of capital.
Also announced yesterday, Clearwire has selected Cisco as its national core infrastructure provider as it expands mobile WiMAX network coverage across the US. Clearwire’s all-IP network will be upgraded and extended under the deal, whilst separately, Cisco is also planning to move into the mobile WiMAX terminal device manufacturing market this year.
AT&T has agreed to acquire mobile assets from Verizon Wireless for USD 2.35 billion in cash. AT&T will acquire mobile properties, including licences, network assets and 1.5 million current subscribers in 79 service areas, primarily in rural areas across eighteen states. Verizon Wireless is required to divest these properties as part of the regulatory approvals granted for its purchase of Alltel earlier this year. The states represented are Alabama, Arizona, California, Colorado, Iowa, Kansas, Michigan, Minnesota, Montana, Nebraska, Nevada, New Mexico, North Dakota, South Dakota, Tennessee, Utah, Virginia and Wyoming. While the transaction primarily represents former Alltel assets, but it also includes assets from Verizon Wireless and the former Rural Cellular. AT&T expects integration costs for network conversion, amortisation of intangible assets and subscriber migration to result in dilution to EPS of approximately USD 0.06 per share in the first year after closing and to improve thereafter. Network conversion from Verizon’s CDMA network to GSM technology and transition of the operations to AT&T is expected to take no longer than 12 months from the date the transaction closes and to result in an additional planned capital investment of approximately USD 400 million over 2009 and 2010. The transaction is contingent upon regulatory approval and is expected to close in the fourth quarter. AT&T has also agreed to sell certain mobile assets of Centennial Communications to Verizon Wireless for USD 240 million.