香港运营商PCCW电讯盈科XXXX年经营业绩亮点

ClicktoeditMastertitlestyleSeptember2012-HongKongInvestorPresentationThispresentationmaycontain“forward-lookingstatements”thatarenothistoricalinnature.Theseforward-lookingstatements,whichinclude,withoutlimitation,statementsregardingPCCW'sfutureresultsofoperations,financialconditionorbusinessprospects,arebasedonthecurrentbeliefs,assumptions,expectations,estimates,andprojectionsofthedirectorsandmanagementofPCCWaboutthebusiness,theindustryandthemarketsinwhichPCCWoperates.Thesestatementsarenotguaranteesoffutureperformanceandaresubjecttorisks,uncertaintiesandotherfactors,someofwhicharebeyondPCCW'scontrolandaredifficulttopredict.Actualresultscoulddiffermateriallyfromthoseexpressed,impliedorforecastedintheseforward-lookingstatementsforavarietyoffactors.Forward-LookingStatementsASuccessfulCombination–SolidTelecomBusinesswithMedia&SolutionsGrowthBusinesses2(US$million)CoreBusinessesSolidEBITDA&cashflowHKTFY11Revenue2,542FY11EBITDA950MarketValue(asatSept19,2012)5,504GrowthbusinessesMediaFY11Revenue347FY11EBITDA81SolutionsFY11Revenue283FY11EBITDA49PCPDFY11Revenue273FY11EBITDA43(100%)(100%)(63%)FiguresinbracketsrepresentownershipbyPCCWasatJune30,2012.(74.5%)SoundResultsAcrossCoreBusinesses2,6742,7522,8861,4021,418541192273160108FY2009FY2010FY2011H1'11H1'12(US$million)PCPDCoreBusiness**CorebusinessincludesHKT,MediaandSolutionsBusinessesRevenue•Revenuegrewacrossallcorebusinesssegments3SoundResultsAcrossCoreBusinesses86190693045347110037433121FY2009FY2010FY2011H1'11H1'12EBITDA(US$million)PCPDCoreBusiness**CorebusinessincludesHKT,MediaandSolutionsBusinesses•IncreaseinEBITDAunderpinnedbysolidperformanceofHKTandmoderategrowthintheMediaandSolutionsbusinesses32%33%32%CoreEBITDAMargin432%33%MediaBusiness56ExpandsARPUandCustomerBase301306347152162FY2009FY2010FY2011H1'11H1'12(US$million)MediaRevenue•Subscriberbaseincreasedto1.17millioninH1’12asaresultofenrichedcontentoffering,launchofself-producedandco-producedchannelsandmulti-screenstrategy•ARPUexpandedtoHK$172fromHK$167•ImprovedEBITDAandmarginin2011duetoeffectivemanagementofoperatingandcontentexpenses•SlightdipinEBITDAandmarginsinH1’12duetoinvestmentsinselfproducedandco-producedchannels,overseasdistributioninitiativesandinitialcoststoprepareforFTAservicelaunchMediaEBITDA130813028FY2009FY2010FY2011H1'11H1'120%10%23%EBITDAMargin19%17%SteadyCustomer&ARPUGrowth•BothARPUandcustomerbasedemonstratedgoodgrowthmomentumdrivenbysuccessfulcustomeracquisitionandup-sellingactivitiessurroundingexclusivepremiumcontent.20032004200520062007200820092010201120127CompellingContentCapturesCustomersWhoDemandQuality8SPORTSMainstreamandnicheeventsMOVIES22moviechannelswith1,300+hrsondemandSoccerTennisBasketballGolfOthersKIDS&EDUCATION26channels&on-demandlearningandedutainmentcontent3D*AvailableinAug-Oct12New*New*New*New*OriginalProduction&Co-ProductionƒQualityChineseprogramstosatisfytheunder-servedmiddleandhigherincomesegmentsinHongKongƒBuildsupacontentlibraryforoverseasdistributionDramagemsfromHairunMediaGroupselectedandeditedforHK&overseasaudience.StarstuddedvarietyandtalkshowsfromHunanTVre-packagedtoappealtoHK&overseasChineseviewers.Innovativeinteractivegameshow,travel,food,lifestyleandAsiandramaprogramstargetingthediscriminatingsubscriber.ChinesemoviechannelfromHuayiBrothers(華誼兄弟),WePictures(導演陳可辛)andEdkoFilms(安樂影片).Financialnews&in-depthanalysisbyindustryexpertsfortheinvestor.Hottestentertainmentnewsandexclusivecelebrityinterviewswithanimpartialviewpoint.9*NowNewsApplaunchedinJan-12andnowPlayerAppinMay-12.Appsdownloadfiguresasat4Aug2012.InnovativeServicesExtendReach&AttractPremiumCustomersƒPCCWSolutionsprovidestheleadingtechnologytoenhancenowTV’scustomerexperience.OTTServicesOver880K+nowappsdownloads-attractingnewandexistingnowTVsubscribersServiceInnovationCreatesPotentialforNewRevenueStreams10MOOV–newMOOVApplaunchedoniOSandAndroidforbothstreaminganddownload.HDServices•23HDchannels&on-demandcontent•Mostcomprehensiveintown•AdditionalRevenueat$28/mthforHDActivationMay12nowPlayerDownloadsbyOSJun12Jul12No.1TopFreeApp(iPad)*No.1TopFreeEntertainmentApp(iPhone)*SolutionsBusiness11230261283140145FY2009FY2010FY2011H1'11H1'1212AchievesSteadyGrowthSolutionsRevenue•Steadygrowthof3%inH1’12withtheorderbacklogincreasingby9%toalmostUS$650million•ConsolidatedmarketleadershipinHongKong•ExpandingpresenceinmainlandChinamarket2636492022FY2009FY2010FY2011H1'11H1'12SolutionsEBITDA•ContinuedexpansionofEBITDAmarginsdrivenbyincreasedproductivityandhigherutilizationofexistingdatacentreinfrastructureEBITDAMargin11%14%17%(US$million)14%15%UniqueCapabilitiesSolutions•Design,Build,andIntegratesystemsforenterpriseapplications•ProjectbasedcustomizedICT(informationcommunicationstechnology)solutions•Typicallylargescale,highvaluecontracts•Maintain,andOperateapplicationsystems,managedservicesanddatacenterhosting•Servicebasedoutsourcingofongoingoperations•Typicallylongterm,recurringengagementsOperationsSeamlessIntegratedServiceProvenleaderindeliveringreliability&accuracytomeetclients’needs13LeaderinGreaterChinaRegionSource:Gartner2010H