Research and Markets (http://www.researchandmarkets.com/research/227c79/3q09_thailand_mobi)
has announced the addition of IE Market Research Corp.'s new report "3Q09
Thailand Mobile Operator Forecast, 2009 - 2013" to their offering.
Total wireless subscribers in Thailand to reach 87.3 million in 2013
with Advanced Info Service's market share declining to 41.4%
Mobile Operator Forecast on Thailand provides over 50 operational and
financial metrics for Thailand's wireless market and is one of the best
forecasts in the industry. We provide five-year forecasts at the
operator level going out to 2013. We also provide quarterly historical
and forecast data starting in 1Q2003 and ending in 1Q2011. Operators
covered for Thailand include: Advanced Info Service Public Company
Limited, Total Access Communication Public Company Limited, True
Corporation Public Company Limited, and Hutchison Telecommunications
International Limited. Our Mobile Operator Forecasts are updated
quarterly and are available for one-time delivery or through regular
updates.
Global Mobile Operator Forecast covers 50 operational metrics of 200+
mobile operators in 50+ countries, making up 80% of the world's
population. Our forecasts are based on our proprietary, country-specific
forecasting models. These models deploy multiple regression analysis and
cross-impact matrices that estimate relationships between subscriber
data, technology use and deployment data, overall economic and
demographic changes expected in a particular country; and relate these
to company operational and financial metrics.
Executive Summary
Wireless subscriber growth in Thailand continues to be strong, but it is
slowing down
+13.2% industry average subscriber growth in 1Q.2009
ARPU levels continue declining in Thailand
-16.3% operator-wide average ARPU growth in 1Q.2009
Minutes of Use per Subscriber declined across operators in the latest
quarter
-9.0% industry average MOU/Sub growth in 1Q.2009
Negative EBITDA growth at Advanced Info Service and Total Access
Communication
Industry average EBITDA growth was -7.3% in 1Q.2009
So what is Forecast?
Total wireless subscribers in Thailand to rise to 87.3 million in 2013
We forecast that total mobile subscriber accounts in Thailand will
increase from 62.6 million in 2008 to 87.3 million in 2013.
Advanced Info Service will continue to be the largest operator in the
country with 36.2 million wireless subscribers in 2013.
Total Access Communication will remain in second place with 26.7
million subscribers in 2013, and True will remain in third place with
23.3 million subscribers in 2013.
Advanced Info Service will be losing its market share to Total Access
Communication and True over the next five years
Our model predicts that Advanced Info Service will see its subscriber
market share decline from 44.5% in 2008 to 41.4% in 2013.
On the other hand, we expect that Total Access Communication's market
share will increase from 30.2% to 30.6%, and True's market share will
increase from 24.0% to 26.7% over the forecast period, 2008 - 2013.
We expect that Hutchison's market share in Thailand will remain in the
range of 1.2% - 1.6% over the next five years.
ARPUs in Thailand will continue to decline from 2009 to 2013
We expect that the industry average monthly ARPU level in Thailand
will decline from 230 Bhats in 2008 to 191 Bhats in 2013.
Our model predicts that the average monthly ARPU will be 224 Bhats for
Advanced Info Service, and 216 Bhats at Total Access Communication in
2013.
On the other hand, True's ARPU will remain much lower, declining from
131 Bhats in 2008 to 112 Bhats in 2013.
EBITDA margins will decline over the next several years
We forecast that the industry average EBITDA margin (calculated as
EBITDA/reported revenue) will decline from 35.1% in 2008 to 29.2% in
2013.
Advanced Info Service will continue to enjoy the highest level of
profitability (EBITDA margin) in Thailand, but its EBITDA margin will
still decline from 42.2% in 2008 to 35.4% in 2013.
Total Access Communication's margin will fall from 30.8% in 2008 to
26.8% in 2013.
True's margin will fall from 18.8% in 2008 to 14.2% in 2013.
Companies Mentioned:
Advanced Info Service Public Company Limited
Total Access Communication Public Company Limited
True Corporation Public Company Limited
Hutchison Telecommunications International Limited
For more information visit http://www.researchandmarkets.com/research/227c79/3q09_thailand_mobi.
Contact:Research and MarketsLaura Wood, Senior Manager,press@researchandmarkets.comU.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716
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