Far EasTone Telecommunications Co., Ltd. · TWSE:4904

Far EasTone Telecommunications — H1 2004 Earnings Presentation

9 slides from Far EasTone Telecommunications's earnings presentation, Aug 31, 2004

  1. Slide 1: 2004 1H Investor Update

    4904 (OTCT) 2004 1H Investor Update Jan Nilsson President August 31, 2004 6:00pm Disclaimer This presentation contains forward-looking statements. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. Actual results may differ mat

  2. Slide 2: Taiwan Wireless Market: Rationalizing Industry Structure

    Agenda I. Market Overview II. Operational Performance III. Financial Performance IV. Investors’ FAQs 3 Taiwan Wireless Market Rationalizing Industry Structure Wireless Wireless Market Market Revenue Revenue & & Subs Subs 2004 2004 1H 1H Service Service Revenue Revenue Share Share Total market revenu

  3. Slide 3: FET Gaining Market Share – Closing the Gap on CHT

    Taiwan Wireless Market FET Gaining Market Share – Closing the Gap on CHT Quarterly Service Revenue Market Share 40% 35.4% 35.6% 36.2% 36.1% 35.1% 35.2% 35% 32.5% 32.7% 32.0% 30.5% 30.7% 30.8% 30% 31.4% 31.7% 31.2% 30.5% 28.9% 28.7% 25% 1Q'03 2Q'03 3Q'03 4Q'03 1Q'04 2Q'04 TCC+TAT CHT FET+KGT 5 Source

  4. Slide 4: High Quality Customer Base with Market Leading ARPUs

    Operational Performance High Quality Customer Base with Marketing Leading ARPUs FET & KGT Blended ARPU vs. Market Avg ARPU (1) (2) 795 790 779 811 800 730 „ FET & KGT 700 675654 652 667 676 626622 635 Blended ARPU: 600 15% higher than Taiwan wireless 500 market average 400 „ On a standalone 300 basi

  5. Slide 5: Capturing a Significantly Larger Portion of Gross Adds

    Operational Performance Capturing A Significantly Larger Portion of Gross Adds Up to July’ July’04 Gross Adds (Pre & Post Paid) Cumulative Postpaid Gross Adds Jan- Jan-Jul 2004 Share (%) 50% FET + KGT 737,421 36.7% 45% 40.7% CHT 622,000 31.0% 40% Share of Gross Adds (%) TCC + TAT 404,500 20.1% 35% O

  6. Slide 6: Consolidated Financial Overview: Steady Revenue and Margin Growth

    Consolidated Financial Overview Steady Revenue and Margin Growth Service Service Revenue Revenue EBITDA EBITDA and and EBITDA EBITDA Margin Margin (%) (%) % Ç 0.6 8.1% v QoQ 0.1% NT$ mm oQ Ç % e R e DA Q c Servi Rev QoQ Ç 9,000 EBIT 55% NT$ mm Total 50.7% 17,000 16,166 16,180 47.6% 50% 8,000 47.7% 1

  7. Slide 7: Consolidated Financial Overview: 2Q 2004 Other Key Financial Stats

    Consolidated Financial Overview 2Q 2004 Other Key Financial Stats (NT$ mm unless otherwise stated) 2Q 2004 1Q 2004 Cash & Cash Equivalents 8,841 2,680 Total Borrowings 32,585 28,199  Short Term 9,513 12,044  Long Term 23,072 16,155 Net Debt 23,744 25,519 Shareholders’ Equity 59,670 60,957 Debt/Cap

  8. Slide 8: Investors' FAQs

    Agenda I. Market Overview II. Operational Performance III. Financial Performance IV. Investors’ FAQs 15 Investors’ FAQs Dividend Policy 3G Status „ Will increase cash portion to „ Commercial launch expected in around 80% of total earnings 1H 2005 „ Approximately NT$3.7 bn in 3G capex planned in 2004

  9. Slide 9: Q&A

    Q&A For Further Information: Websites Email http://www.fareastone.com.tw http://www.fareastone.com.tw Investor Investor Relations Relations http://www.fetnet.net http://www.fetnet.net [email protected] [email protected] 17

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