Hutchison Telecom Announces Unaudited Key Performance Indicators for Third Quarter Ended 30 September 2009
HONG KONG, Nov 10, 2009 (PR Newswire Europe via COMTEX) --
Company: Hutchison Telecommunications International Ltd (HTX)
Solid progress in emerging market operations
Hutchison Telecommunications International Limited ("Hutchison Telecom", "the Group", SEHK: 2332; NYSE: HTX) today announced its unaudited key performance indicators for the quarter ended 30 September 2009.
The Group's total customer base rose 14.8% quarterly to approximately 9.9 million with strong contribution from Indonesia which recorded a net addition of 877,000 new customers, representing a 13.6% quarterly increase and over 100% yearly growth. The Vietnam operation reported a sound quarterly growth of 63.3% to a customer base of 1.02 million. Sri Lanka also registered an improvement and ended the period with a customer base of 563,000.
Network rollouts continued during the quarter with over 1,100 base stations added in Vietnam and approximately 300 in Indonesia, taking the numbers of base stations on air to 2,600 and 7,600 respectively, which extended the population coverage in those markets to 70% and 74% respectively.
Dennis Lui, Chief Executive Officer of Hutchison Telecom, said: "We are pleased with the solid results achieved in difficult economic conditions in our markets. Supported by continued network rollout, Indonesia and Vietnam recorded double digit growth in their respective customer bases and we are encouraged that the Vietnam operation surpassed the one million customer mark within six months of launch."
About Hutchison Telecommunications International Limited
Hutchison Telecommunications International Limited ('Hutchison Telecom' or 'the Group') is a leading provider of telecommunications services. The Group currently offers mobile telecommunications services in Indonesia, Vietnam, Sri Lanka and Thailand, operating brands "Hutch", "3" and "Vietnamobile".
Hutchison Telecom is a listed company with American Depositary Shares quoted on the New York Stock Exchange under the ticker HTX and shares listed on the Stock Exchange of Hong Kong under the stock code 2332. A member of the Hong Kong-based Hutchison Whampoa Group, Hutchison Telecom is committed to providing superior telecommunications services in dynamic markets. For more information about Hutchison Telecom, see http://www.htil.com .
Cautionary Statements
This press release contains forward-looking statements. Statements that are not historical facts, including statements about the beliefs and expectations of Hutchison Telecommunications International Limited ('the Company'), are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update publicly any of them in light of new information or future events. Forward-looking statements involve inherent risks, uncertainties and assumptions. The Company cautions you that if these risks or uncertainties ever materialise or the assumptions prove incorrect, or if a number of important factors occur or do not occur, the Company's actual results may differ materially from those expressed or implied in any forward-looking statement. Additional information as to factors that may cause actual results to differ materially from the Company's forward-looking statements can be found in the Company's filings with the United States Securities and Exchange Commission.
-- Financial Tables to Follow --
Unaudited Key Performance Indicators for Third Quarter 2009
Customer Base Q3 2009 Q2 2009
30 September 2009 30 June 2009
Total Postpaid Prepaid Total Postpaid Prepaid
Market ('000) ('000) ('000) ('000) ('000) ('000)
Indonesia 7,311 16 7,295 6,434 12 6,422
Sri Lanka 563 -- 563 536 -- 536
Vietnam 1,019 1 1,018 624 1 623
Customer Base Q1 2009 Q4 2008
(Continued) 31 March 2009 31 December 2008
Total Postpaid Prepaid Total Postpaid Prepaid
Market ('000) ('000) ('000) ('000) ('000) ('000)
Indonesia 5,305 12 5,293 4,501 11 4,490
Sri Lanka 722 -- 722 887 -- 887
Vietnam -- -- -- -- -- --
Customer Base Q3 2008
(Continued) 30 September 2008
Total Postpaid Prepaid
Market ('000) ('000) ('000)
Indonesia 3,604 9 3,595
Sri Lanka 958 -- 958
Vietnam -- -- --
Notes:
(1) A customer is defined as a Postpaid Customer or a Prepaid
Customer who has a Subscriber Identity Module (SIM) or Universal
Subscriber Identity Module (USIM) that has access to the network for
any purpose, including voice, data or video services.
(2) Postpaid Customers are defined as those whose mobile
telecommunications service usage is paid in arrears upon receipt
of the mobile telecommunications operator's invoice
and who have not been temporarily or permanently suspended from
service.
(3) Prepaid Customers are defined as customers with prepaid SIM cards
or prepaid USIM cards that have been activated but not been used
up or expired at period end.
A new prepaid customer is recognised upon making the first call
or registration/activation.
(4) All numbers quoted on the basis of the total customer base of the
operation irrespective of the Company's ownership percentage
(5) All numbers quoted as at last day of the quarter.
(6) The data for Hong Kong (incl Macau), Israel and Thailand are
excluded.
ARPU (1) Q3 2009 Q2 2009
30 September 2009 30 June 2009
Market Currency Blended Postpaid Prepaid Blended Postpaid Prepaid
Indonesia IDR ('000) 11 194 11 11 202 10
Sri Lanka LKR 114 -- 114 119 -- 119
Vietnam VND ('000) 47 307 47 68 250 68
ARPU (1) (Continued) Q1 2009 Q4 2008
31 March 2009 31 December 2008
Market Currency Blended Postpaid Prepaid Blended Postpaid Prepaid
Indonesia IDR ('000) 10 183 10 11 134 11
Sri Lanka LKR 148 -- 148 164 -- 164
Vietnam VND ('000) -- -- -- -- -- --
ARPU (1) (Continued) Q3 2008
30 September 2008
Market Currency Blended Postpaid Prepaid
Indonesia IDR ('000) 10 134 9
Sri Lanka LKR 181 -- 181
Vietnam VND ('000) -- -- --
Notes:
(1) The monthly Average Revenue Per User (ARPU) is calculated as the
total Service Revenues for the month divided by the simple
average number of activated customers for the month.
The monthly ARPU for the quarter represents the average of the
monthly ARPU in the quarter.
(2) Service Revenues are defined as the direct recurring service
revenues plus roaming revenues.
(3) The data for Hong Kong (incl Macau), Israel and Thailand are
excluded.
Q3 2009 Q2 2009
MOU (1) 30 September 2009 30 June 2009
Market Blended Postpaid Prepaid Blended Postpaid Prepaid
Indonesia 49 362 48 55 375 54
Sri Lanka 79 -- 79 77 -- 77
Vietnam 162 176 162 221 156 221
MOU (1) (Continued) Q1 2009 Q4 2008
31 March 2009 31 December 2008
Market Blended Postpaid Prepaid Blended Postpaid Prepaid
Indonesia 55 342 55 55 225 55
Sri Lanka 77 -- 77 74 -- 74
Vietnam -- -- -- -- -- --
MOU (1) (Continued) Q3 2008
30 September 2008
Market Blended Postpaid Prepaid
Indonesia 56 209 56
Sri Lanka 71 -- 71
Vietnam -- -- --
Notes:
(1) The monthly Minutes of Use (MOU) is calculated as the total
minutes carried over the network (2G total airtime usage + 3G
voice and video usage, but excluding inbound on-net minutes)
for the month divided by the simple average number of activated
customer. The monthly MOU for the quarter represents the average
of the monthly MOU in the quarter.
(2) The data for Hong Kong (incl Macau), Israel and Thailand are
excluded.
Churn (1) Q3 2009 Q2 2009
30 September 2009 30 June 2009
Market Blended Postpaid Prepaid Blended Postpaid Prepaid
Indonesia 24.7% 6.3% 24.7% 24.9% 12.8% 25.0%
Sri Lanka 1.5% -- 1.5% 10.8% -- 10.8%
Vietnam 9.3% 9.1% 9.3% 0.3% 10.6% 0.3%
Churn (1) (Continued) Q1 2009 Q4 2008
31 March 2009 31 December 2008
Market Blended Postpaid Prepaid Blended Postpaid Prepaid
Indonesia 24.8% 4.8% 24.9% 24.2% 4.1% 24.3%
Sri Lanka 7.1% -- 7.1% 4.4% -- 4.4%
Vietnam -- -- -- -- -- --
Churn (1) (Continued) Q3 2008
30 September 2008
Market Blended Postpaid Prepaid
Indonesia 18.1% 5.3% 18.1%
Sri Lanka 5.0% -- 5.0%
Vietnam -- -- --
Notes:
(1) The monthly churn % is calculated as the average number of
disconnections (net of reconnection and internal migration
between networks) for the month divided by
the simple average number of activated customers for the month.
The monthly churn % for the quarter represents the average of the
monthly churn rates in the quarter.
(2) The data for Hong Kong (incl Macau), Israel and Thailand are
excluded.
The Board wishes to remind investors that the above key performance
indicators are based on the Group's unaudited internal records.
Investors are cautioned not to unduly rely on such data.
For enquiries, please contact:
Ada Yeung
Corporate Communications
Hutchison Telecom
Work: +852-2128-3106
Mobile: +852-6347-0619
Email: adayeung@htil.com.hk
Nicky Lee
Investor Relations
Hutchison Telecom
Work: +852-2128-3163
Email: nickylee@htil.com.hk
Ada Yeung of Hutchison Telecom, +852-2128-3106, Mobile,+852-6347-0619, adayeung@htil.com.hk; or Nicky Lee, Investor Relations of Hutchison Telecom, +852-2128-3163, nickylee@htil.com.hk
Copyright (C) 2009 PR Newswire Europe. All rights reserved
News Provided by COMTEX
Company: Hutchison Telecommunications International Ltd (HTX)
Related terms: ceo, communications, corporate, currency, email, hong kong, indonesia, israel, market, nyse, rates, revenue, securities, sri lanka, telecom, telecommunications, thailand, video, vietnam
Zibb.com
Zibb.co.uk
Zibb.fr
Zibbsearch.nl