Presentation is loading. Please wait.

Presentation is loading. Please wait.

3 rd quarter 2003 TELUS Mobility results George Cope, CEO TELUS Mobility.

Similar presentations


Presentation on theme: "3 rd quarter 2003 TELUS Mobility results George Cope, CEO TELUS Mobility."— Presentation transcript:

1 3 rd quarter 2003 TELUS Mobility results George Cope, CEO TELUS Mobility

2 13 101K 94K Q3-03 Q3-02 TELUS continues focus on profitable subscriber growth with net adds up 7.5% YoY net additions prepaid postpaid prepaid postpaid

3 14 ARPU increasing Q3-03 $58 Q3-02 $60 Average Revenue Per Unit ($/month) third consecutive quarter of YoY ARPU increases

4 15 TELUS MobilityRogers AT&TBCE Wireless $58 $47 ARPU continued industry leadership Source: Company reports Q3-02 Q3-03 $60 $50 positive industry-wide trend

5 16 continued focus on retention evident in results 1.7% Q3-03 1.7% Q3-02 1.4% churn

6 17 BCECingular 2.7% 1.4% 2.0% 1.9% 1.4% TELUSVerizonAT&TRogersNextel 3.3% 1 Sprint PCS Microcell 3.0% 1 2.8% T-Mobile TELUS’ Q3 churn rate remains best-in-class churn 1 Microcell, T-Mobile USA Q2-03 churn rates

7 18 profitable subscriber growth subscriber economics improving 9%12%COA/ Lifetime revenue 1.4%1.7%Churn $60ARPU$58 $406COA (excl. retention) $391 Q3-03Q3-02 $4,300      $3,400Lifetime revenue

8 19 EBITDA growth & margin expansion Wireless EBITDA ($) Q3-02 Q3-03 $165M 33% 43% $246M EBITDA margin (network revenue) industry leading EBITDA growth of 49% & EBITDA margin of 43%

9 20 EBITDA less capex $83M cash flow improvement $67.8M Q3-02 Q3-03 $150.4M

10 21 operating cash flow yield 15%Capex intensity 2 EBITDA margin 1 43% Cash flow yield 3 24% Q3-03 attractive wireless cash flow yields improving 1 EBITDA margin based on network revenue. EBITDA margin based on total revenue was 39% for Q3-03 2 Capex as % of total revenue 3 EBITDA less capex, as a % of total revenue

11 22 TELUS Mobility’s price-matching strategy

12 23  nation-wide Direct Connect  expanded handset line-up  coverage expansion in BC & AB new services Mike goes nation-wide

13 24 new services PCS - camera phones & picture messaging Product differentiation  exclusive, cool devices  no subsidy, unless on contract  first CDMA carrier in Canada  send & receive images with sound & text between camera phones  25 cents per picture message sent  strong branding campaign

14 25 conclusion Q3 TELUS Mobility value creation  Net additions 101k  7.5%  Churn1.4%  30 pts  ARPU $60  $2  Network rev.$577M  17%  EBITDA$246M  49%  EBITDA margin 43%  9 pts  Capex intensity15%  3 pts  Cash flow $150M  $83M all key metrics moving in right direction for continued creation of significant shareholder value


Download ppt "3 rd quarter 2003 TELUS Mobility results George Cope, CEO TELUS Mobility."

Similar presentations


Ads by Google