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Financial & Operational Performance for Financial Period Ended 31 March 2013

Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

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Page 1: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

Financial & Operational Performance

for Financial Period Ended 31 March 2013

Page 2: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

Forward Looking Statements

This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current expectation, beliefs, hopes, intentions or strategies regarding the future and assumptions in light of currently available information. These statements are subject to a number of risks and uncertainties that could cause actual results, performance or achievements to differ materially from those discussed in the forward looking statements. Such statements are not and should not be construed as a representation as to the future performance or achievements of Green Packet Berhad and Green Packet Berhad assumes no obligation to update any such statements.

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Page 3: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

Highlights of 1Q13

3

Green Packet Group 1st quarter revenue recorded growth of 17% YoY and 7% QoQ to RM149million.

Solutions pillar’s revenue increased 35% QoQ to RM21mil for 1Q13.

P1 pillar’s EBITDA strengthened to RM8.1 million, a 145% YoY and 65% QoQ improvement. P1’s subscribers added 24,000 to reach a total subscriber base of over 541,000.

Page 4: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

Solutions Pillar Operational Performance

6

Page 6: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 2 - 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

Devices – CPE Shipments in 1Q13

103,839 units +14% YoY -45% QoQ

Page 7: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 2 - 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

GP’s WiMAX Client Footprint Highest No. of client on books

North America

Caribbean & Latin America

Europe

Middle East & Africa Asia Australia oAusgrid oOptus/Vividwireless

Bangladesh oAugere oMultinet Bangladesh

Cambodia oCraig oEmaxx oLatelz-Smart Mobile

India oTATA

Indonesia oPT Berca

Laos oPlanet Online

Nauru oDigicel

Malaysia oP1 Mongolia oTelemax Pakistan oAugere oWateen oWi-Tribe Philippines oGlobe oSmart oWi-Tribe Taiwan oVee telecom Vietnam oIndochina Telecom

Argentina oVelocom oXNArgentina

Barbados oLime oCayman Islands oDigicel

Costa Rica oIBW

Curacao and St. Maarten oScarlet B.V

Dominican Republic oWIND

Tahiti oViti

Honduras oNavega

El Salvador oIBW

Guatemala oIBW

Haiti oAccess Haiti oDigicel

Jamaica oDigicel

Nicaragua oIBW

St.Martin oNew Technologies Group N.V

Armenia oVTEL

Bolivia oNuevatel

Bulgaria oMax Telecom

France oAltitude Infrastructure

Georgia oMaximali / Vtel-Georgia oVTEL

Germany oGenias Internet

Greece oCraig

Italy oLinkem oMandarin Wimax oSielte/Aria

Kazakhstan oImaster

Lithuania oAB Lietuvos

Portugal oZAPP

Romania o2K Telecom

Russia oFreshtel-Alurano Spain oClearwire oIBERBANDA oNeo Sky Tajikistan oLLC "Babilon-T" Ukraine oVTEL

Bahrain oMena Telecom

Ghana oDiscoverytel

Guyana oE-Networks Guyana

Iran oMobinnet oMTCE oMTN

Iraq oDatak oFanoos Telecom oKITS oRey Telecom

Jordan oMada

Kurdistan oTishknet-Alsard

Kuwait oGulfsat oHayat

Lebanon oGlobalcom Data Service oSmartNet oVippie

Malawi oBurco

Mozambique oComzatel

Nigeria oDOPC oSwift

Saudi Arabia oAtheeb oMobily

Trinidad & Tabago oTSTT

Zambia oAfriconnect

Zimbabwe oNet One

Canada oCCI Wireless

oDigitel oFull Stream Wireless oHiBeam oLocaloop oMadison oMainstreet oManitoba Netset Ltd oRainbow Broadbaond oWeWi

USA oAgile oAircado oBeamspeed oBinary Solutions Ltd. oCasair, Inc oChoice Communication oCommspeed oCraig

*Green Packet ,March 2013

162 Operators.. in 66 Countries.. across 5 Regions.

2012 2013

155 Operators/

Clients

162 Operators/

Clients

65 Countries 66 Countries

Page 8: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 2 - 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

Brand Building Building the Green Packet brand in LTE

SHOWCASE SPEAKING

SUPPORT PARTICIPATION

LAUNCH SHOWCASE CO-MARKETING

Page 9: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 2 - 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

62 TD-LTE

51 TD-LTE 46 TD-LTE

Brand Building Building the Green Packet brand in LTE

15 WiMAX +

LTE

20 WiMAX +

LTE

8 Trials Clients

11 Trial Clients

21 WiMAX + LTE

13 Trial Clients

Q3 2012 Q4 2012 Q1 2013

*GSA, WiMAX Forum, Green Packet Records - Includes commercial, committed and planned networks

Soft Launch of Green Packet’s and

the industry’s 1st LTE+WiMAX Device

@ Singapore

Commercial Launch of the Green Packet

POD portfolio

Preview Launch of Green Packet’s 1st

LTE Device @ MWC Barcelona

Page 10: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

10

Page 11: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 2 - 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

Thought Leadership Garnering Media & Analyst Interest

Network Based WiFi - Routing Management and Roaming solutions – To be published in Q2 2013

Page 12: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 2 - 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

TRIALS

EVENTS

Thought Leadership Garnering Standardizing Organization Recognition

TECHNOLOGY PAPERS

Page 13: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 2 - 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

1st To Invent Again GP Files New Patent For CM

Managing System For Intelligent Network Selection and Seamless Network Roaming for Computing Devices (Patent Application No.: PI 2012003910)

Page 14: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 2 - 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

Awards & Accolades Shortlisted as a finalist by ACA for Technology Innovation

Page 15: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 2 - 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

Partnership with Tekelec On ANDSF Technology

GP ANDSF Client Mobile Policy Gateway (ANDSF)

Page 16: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 2 - 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

Green Packet Software Client Footprint

| India | China | Hong Kong | Japan | Taiwan | The Philippines | Thailand | Malaysia | Singapore | Indonesia |

Carrier Wi-Fi Experience Mgt

Mobile Data Offload

Customer Experience Intelligence

Connection Management

| Canada | USA | Chile | UK | Germany | France | Spain | Portugal | Saudi Arabia |

Page 17: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

P1 Pillar Operational Performance

16

Page 18: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

916 1009 1083 1171 1527 1610 1678 1791 1868

93 74

88

356

83 68 113

77 13

1009 1083 1171

1527 1610 1678 1791 1868 1881

0

500

1000

1500

2000

1Q'11 2Q'11 3Q'11 4Q'11 1Q'12 2Q'12 3Q'12 4Q'12 1Q'13

Nu

mb

er o

f si

tes

Existing Sites New Sites Total Sites

Private & Confidential. Powered by Packet One Networks 18

Additional 13 new sites were rolled out, increasing the total number of sites to 1,881 as at end of Q1 ‘13 .

Total Sites

Page 19: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

Private & Confidential. Powered by Packet One Networks 19

304.8 337.8 355.5 388.6 399.0 410.0 434.9 433.5 449.0

14.2 19.1

20.9 26.9

47.1 57.5

70.7 83.6 92.3

319.0 357.0 376.3

415.4 446.1 467.4

505.6 517.1 541.2

0

100

200

300

400

500

600

1Q'11 2Q'11 3Q'11 4Q'11 1Q'12 2Q'12 3Q'12 4Q'12 1Q'13

Nu

mb

er o

f Su

bs

(Th

ou

san

ds)

Broadband Net Subs Voice Net Subs Total Subs

+4.7%

Total subscriber base grew 24,000 to 541,000 as at end of Q1 2013.

Total Subscribers

Page 20: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

ARPU & Churns

Churn (%)

• A high ARPU of RM83 was recorded mainly due to higher subscription of the enterprise packages.

• Churn rate improved to 3.5% as a results of the various churn management initiatives implemented.

ARPU (Postpaid, RM)

1Q12 2Q12 3Q12 4Q12 1Q13

5.3 4.8 2.7

4.9 3.5

1Q12 2Q12 3Q12 4Q12 1Q13

78 80

78 81

83

Page 21: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

Private & Confidential. Powered by Packet One Networks 21

Corporate Happenings - Visit to Packet Hub

P1 shared brand development stories with MBA students from EDS business school, March

Page 22: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

Private & Confidential. Powered by Packet One Networks 22

Corporate Happenings - Awards

P1 won gold for “Excellence in Media Strategy” at The Marketing Excellence Awards for its ‘Tukar Tak Tukar’ campaign. P1 was also the finalist in the ‘Excellence in Advertising’ category for the same campaign. March

Page 23: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

Private & Confidential. Powered by Packet One Networks 23

Corporate Happenings - Community Service (CSR)

Donation of hampers to welfare homes, March

Page 24: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

Group Financial Performance

For the period ended

31 March 2013

23

Page 25: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 2 - 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

Key Financial Highlights 1Q 2013

Revenue (‘million)

Group

149

P1

81

(54%)

Alt Svs

47

(32%)

Solutions

21

(14%)

Group

7.4

P1

8.1

Alt Svs

0.7

Solutions

-1.4

EBITDA (‘million)

Revenue grew

17% 1Q13 vs 1Q12

EBITDA improvement

89% 1Q13 vs 1Q12

Page 26: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 2 - 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

Result from Operational Units

+17% YoY growth

+7% QoQ growth

Revenue

* 4Q12 numbers were adjusted as per audited accounts.

Group Revenue grew 17% YoY and 7% QoQ as a result of increased contributions from Software and devices as well as communication services. Broadband services recorded slight decrease in revenue.

Page 27: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 2 - 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

YoY Group EBITDA margin improves 89% YoY mainly due to : Stringent cost control; Higher revenue from communication services; Higher subscribers base for the Broadband business.

Result from Operational Units

QoQ growth

+10% +114% +80% -55%

3% 6% 12% 5% 3%

EBITDA Margin

EBITDA

* EBITDA is before depreciation of PPE and amortisation of modem.

* 4Q12 numbers were adjusted as per audited accounts.

Page 28: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 2 - 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

Result from Operational Units

Operational Losses - 24% YoY negative growth

- 58% QoQ negative growth

Operational Losses (After MI) - 35% YoY negative growth

- 165% QoQ negative growth

* 4Q12 numbers were adjusted as per audited accounts.

Higher losses recorded in 1Q13 mainly due to higher financing cost incurred by the Broadband unit.

Page 29: Financial & Operational Performance · This presentation and the following discussion may contain forward looking statements by Green Packet Berhad that reflect management’s current

C o p y r i g h t @ 2 0 1 3 G r e e n p a c k e t . A l l R i g h t R e s e r v e d .

2012

Financial

Performance

Thank You