Singtel Investor Day 2023
Laying the foundation for growth
Yuen Kuan Moon, Group CEO
24 August 2023
Recent trends that have shaped telcos
Profitability
Growth
Funding
Transformation
Tailwinds | Headwinds | |
• | Market repair with industry | • Some markets still face intense price |
consolidation in many Asian markets | competition | |
• Post-COVID recovery on roaming | • 5G yet to realise full potential | |
• | Growth in Enterprise | • Mobile penetration peaking |
- FBB new growth engine
• Asset recycling | • | 5G & fixed infrastructure capital |
intensity | ||
• | Rising rate environment | |
• Significant increase in enterprise | • | Disruptive technologies |
digitalisation |
- Growing demand for AI services
2
Riding on the tailwinds
Price ups from market consolidation
4 out of 6 markets we operate in have consolidated
Feb 2022 | Jun 2021 | Jun 2021 |
Dec 2020 | Aug 2018 | Mar 2017 |
1. In Q1FY24.
Positive industry trends
Roaming revenues1 up 33% in SG; 65% of pre-COVID levels
Raising prepaid prices & legacy plan migration in AU
Accelerating pace of enterprise digitalisation
Reshape our core business
Integrate enterprise & consumer businesses
Continuous focus on cost management
>3K employees reskilled to new roles
3
Leveraging 5G for enterprise transformation
Driving adoption
30 trials & 4 live deployments
5G@SENTOSA
Partnerships to drive innovation
Edge Compute incubator
Azure MEC solutions
Edge computing solutions
Commercialisation of 5G services across industries
ManufacturingSecurity
Meta Factory | Integrated |
Command Centre | |
Healthcare | Transportation |
Holomedicine | 5G Aviation Testbed |
4
Regional associates gaining momentum after
consolidation
Leading market repair | Focus on profitable growth | Strong FCF for investments & |
returns | ||
ARPU | EBITDA Margin (%) | |||||||||
200 | Airtel | 55 | Airtel | |||||||
54 | ||||||||||
195 | ||||||||||
(INR) | ||||||||||
190 | 53 | Jio | ||||||||
185 | 52 | |||||||||
Jio | ||||||||||
180 | 51 | |||||||||
0 | Sep-22 | Dec-22 | Mar-23 | Jun-23 | 0 | Sep-22 | Dec-22 | Mar-23 | Jun-23 | |
Jun-22 | Jun-22 | |||||||||
50 | Tsel | 60 | ||||||||
Tsel | ||||||||||
k) | 45 | 55 | ||||||||
XL | XL | |||||||||
(Rp | 40 | 50 | ||||||||
IOH | ||||||||||
IOH | 45 | |||||||||
35 | ||||||||||
0 | Sep-22 | Dec-22 | Mar-23 | Jun-23 | 0 | Sep-22 | Dec-22 | Mar-23 | Jun-23 | |
Jun-22 | Jun-22 | |||||||||
230 | 55 | AIS | ||||||||
50 | ||||||||||
(THB) | 220 | DTAC1 | ||||||||
AIS | 45 | |||||||||
210 | True1 | |||||||||
40 | ||||||||||
DTAC1 | ||||||||||
200 | True1 | 35 | ||||||||
0 | Sep-22 | Dec-22 | Mar-23 | Jun-23 | 0 | Sep-22 | Dec-22 | Mar-23 | Jun-23 | |
Jun-22 | Jun-22 |
FCF (Latest FY)
US$1.4B
US$2.2B
US$1.1B
Measured 5G rollout to keep
pace with demand & use
cases
1. Post DTAC & True merger in Mar-23.
5
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
SingTel - Singapore Telecommunications Limited published this content on 23 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 August 2023 10:14:08 UTC.