Skip to main content

Home/ GCC telecom report 2013/ Group items tagged Saudi_Arabia

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
Marius Miginis

Saudi Gazette - KSA: Telecom competition heats up - 0 views

www.saudigazette.com.sa/index.cfm

Saudi_Arabia STC Zain Mobily

shared by Marius Miginis on 03 Mar 13 - No Cached
  • Of the nearly $90bn expected to be spent on ICT infrastructure in the Kingdom by 2012, $67b is projected to be spent on telecommunications.
  • Etihad Etisalat (Mobily) has posted impressive numbers – both in subscribers and profits – and 2009 was no exception
  • Mobily’s services revenues rose 21 percent to reach SR13.06bn ($3.48bn) versus SR10.79bn ($2.88bn) the previous year.
  • ...2 more annotations...
  • SR50.75bn ($13.53bn) in 2009 up 6.9 percent from SR47.47bn ($12.66bn) in 2008.
  • SR3bn ($800m) and net loss for the year amounted to SR3.10bn ($827m).
  • Marius Miginis on 03 Mar 13
     
    KSA telcos performance in 2009 2008
Marius Miginis

REFILE-UPDATE 1-Zain Saudi Q4 net loss narrows by 4 pct | Reuters - 0 views

www.reuters.com/...-results-idUSL6N0AQ0RN20130121

Saudi_Arabia Zain

shared by Marius Miginis on 03 Mar 13 - No Cached
  • No.3 mobile company, an affiliate of Kuwait's Zain, made a net loss of 443 million riyals ($118.1 million) in the three months to Dec. 31. This compares with a net loss of 461 million riyals in the prior-year period.
  • Quarterly gross profit was 739 million riyals, up from 691 million riyals a year ago.Loss from operations widened by 23 percent to 262 million riyals, compared with 213 million riyals for the same quarter last year.
  • Marius Miginis on 03 Mar 13
     
    Kuwait operating in loss
Marius Miginis

UPDATE 2-Saudi Mobily eyes further data growth as Q4 rises 11 pct | Reuters - 0 views

www.reuters.com/...mobily-q-idUSL6N0AO05K20130119

Saudi_Arabia Mobily

shared by Marius Miginis on 03 Mar 13 - No Cached
  • Data accounted for 27 percent of Mobily's full-year revenue, up from 22 percent in 2011
  • Marius Miginis on 03 Mar 13
     
    Data revenue 27 per cent of all revenue in 2012
Marius Miginis

Enterprise biz will drive telecom opportunities in Saudi Arabia | TelecomLead.com: Tele... - 0 views

www.telecomlead.com/...-opportunities-in-saudi-arabia

Saudi_Arabia Mobily Zain STC

shared by Marius Miginis on 14 Mar 13 - No Cached
  • On the other hand, increased sales coming from handset items and the corporate segment may pressure margins for Mobily.
  • For Zain, on the one hand its financial outlook has improved post its balance sheet restructuring due to lower interest payments.
  • remains significantly behind STC and Mobily in terms of market share and available products, and the top-line performance has been muted in the past several quarters, holding back the pace of its recovery.
  • ...1 more annotation...
  • The sector’s main concern is price-led competition, with voice ARPUs under significant pressure. NCB Capital said the price-led competition is now also moving into the data segment with operators increasingly launching new offers and different packages to gain subscribers. The commencement of operations from Mobile Virtual Network Operators would be another source of pressure for existing operators.
  • Marius Miginis on 14 Mar 13
     
    Drivers and Restrains
Marius Miginis

Data and corporate segmentsdriving Saudi telecom growth | ArabNews - 0 views

www.arabnews.com/445782

Saudi_Arabia Mobily Zain STC

shared by Marius Miginis on 25 Mar 13 - No Cached
  • that the Kingdom’s strong macro outlook coupled with the government’s increasing expenditures will continue to support growth in the sector.
  • The broadband and corporate segments remain the primary growth drivers for the sector
  • Increasing competition and change in regulations are the main concerns while the impact of MVNOs is mixed
  • ...10 more annotations...
  • Mobily over STC due to its stronger outlook and fewer concerns given its domestic focus versus international exposure
  • Mobily by 14.5 percent due to lowering our capex estimates for the period 2013-2017 by 8 percent following management’s guidance, as well as the expansion in the valuation multiples and increased longer term financials
  • NCB Capital continues to believe growth will be mainly driven by the data and corporate segments, supported by continued investments and increased low-cost smart phone penetration rates.
  • main concerns are increased price-led competition in growth segments (data and corporate), further changes in the CITC’s regulations and fragmentation of the market due to the entrance of MVNOs.
  • This growth is expected to be mainly driven by the data and corporate segments. We expect the increase in smart phone penetration rates to support the growth in data, while growth in the corporate segment would be led by the increasing focus on providing business solutions to corporations.
  • STC will still focus on its international business and possibly increase its exposure in this segment as it is actively looking for expansion opportunities in the Middle East region
  • believe growth will come from the data and corporate segments with both expected to record double digit growth in 2013 and contribute 30 percent and 12 percent to its total revenue for the year
  • STC’s domestic operations (68 percent to total revenues in 2012) will do well throughout our projection period, relative to its international operations
  • lowering total capex for the years 2013-2017 by 8 percent following management’s guidance which increased our PT by 3.1 percent and
  • Zain have increased by around 2 percent due to improved financials in 2012 which reflected positively on our projection
  • Marius Miginis on 25 Mar 13
     
    " fragmentation of the market due to the entrance of MVNOs"
Marius Miginis

Exciting offers to lift Saudi telecom sector to new heights | ArabNews - 0 views

www.arabnews.com/400261

Saudi_Arabia Mobily Zain STC

shared by Marius Miginis on 25 Mar 13 - No Cached
  • has been constantly changing with the young population actively joining the work force and desire to follow a modern lifestyle.
  • Zain has been clearly targeting users below 15 years old; this is reflected in its TV ads and campaigns.
  • ARPU of around SR96-100
  • ...4 more annotations...
  • Mobily is far behind at SR65 below
  • ARPU of SR77.
  • Saudi mobile pricing is relatively high by the standards of developing markets
  • On the other hand, ARPU in various Gulf countries like UAE, Kuwait and Qatar stands at $30-55, which is substantially higher than that in Saudi Arabia.
  • Marius Miginis on 25 Mar 13
     
    ARPU of GCC
1 - 6 of 6
Showing 20▼ items per page