2013-10-07 17:49:51 - New Fixed Networks market report from Business Monitor International: "Thailand Telecommunications Report Q4 2013"
Thailand's telecoms market is characterised by a mobile market approaching saturation, a fixed-line market that has been in decline since 2007 and a very low broadband penetration rate. The successful launch of 3G services in May 2013 offers some potential in the market, but the heavy degree of state control and ineffectual regulation of the telecoms sector to date, coupled with political uncertainty and the economic fallout from the 2011 floods and weak global economy, do not in our view, present a favourable investment climate.
* We have upgraded our outlook for mobile subscription growth in the Q413 update on the basis of regulatory data for H113 that came in above our expectations. Over the coming years, we foresee
3G/4G cannibalising the existing mobile user base, rather than adding new customers.
* Price competition and aggressive marketing campaigns are exerting downwards pressure on mobile ARPU. Furthermore, declining SMS volumes are threatening operator revenues and margins, as subscribers adopt IP alternatives such as WhatsApp and Viber.
* The fixed-line market is stagnating and we expect it will decline by an average of 3% a year over the forecast period, bringing penetration down to 7.6% in 2017.
Full Report Details at
- www.fastmr.com/prod/689083_thailand_telecommunications_report_q4 ..
Key Trends And Developments
Thailand's wireline operators are expected to face an intensification of competition from 2014. In June 2013, AIS' parent company InTouch stated that it planned to target growth in Thailand's fixed broadband market. The expansion in the wireline market is a key part of the company's five-year strategic plan, alongside investment in 3G and 4G infrastructure. InTouch is currently examining whether to invest in its own high-speed fixed broadband network or to rent infrastructure from another operator. The final decision will be made by YE13, with investment beginning in 2014. The presence of the leading mobile operator in the wireline market would threaten existing operators because of the potential for growth via converged services.
True Corp announced that it was set to proceed with plans to establish and publicly list an infrastructure fund in July 2013. The fund will contain towers and fibre-optic network infrastructure, through which True will lease back capacity. True hopes to raise THB70bn (US$2.25bn) as part of its drive to reduce debts by 70%, which also includes plans to sell non-core assets for around THB5bn. The necessity to reduce its debt burden comes as it invests in wireless data network infrastructure without the support of a foreign investor, unlike its major rivals.
Report Table of Contents:
BMI Industry View
- BMI Industry View
- Business Environment
- Table: Telecoms Sector - Mobile - Historical Data & Forecasts
- Table: Telecoms Sector - ARPU - Historical Data & Forecasts (THB)
- Fixed Line
- Table: Telecoms Sector - Fixed Line - Historical Data & Forecasts
- Table: Telecoms Sector - Internet - Historical Data & Forecasts
Industry Risk Reward Ratings
- Asia Risk/Reward Ratings
- Table: Asia Pacific Telecoms Risk/Reward Ratings
- Regional Perspective
- Table: Thailand Mobile Market Regional Comparisons, 2012
- Key Developments
- Mobile Growth
- Market Shares
- Table: Thai Mobile Market, Q213
- Subscription Mix
- Mobile Content
- Mobile Operator Data
- Table: Thailand Market Overview
- Table: AIS
- Table: DTAC
- Table: True
- Asia Pacific Mobile Content
- Tablets Are The New TV
- Table: Percentage Of Long-Form Video Views By Device
- Infrastructure Is A Key Enabler
- Fixed Line
- Table: Thai Broadband Market, Q412
- True Online
- Triple T
- CAT Telecom
- Public Wi-Fi
Industry Trends And Developments
- Industry Trends And Developments
- Table: M2M Regulatory Readiness In APAC
- 3G Licences
- Regulatory Development
- Regulatory Environment
- Table: Thailand's Regulatory Bodies And Their Responsibilities
- Competitive Landscape
- Table: Key Players - Thai Telecoms Sector
- Table: Selected Operators' Financial Results (US$mn)
- True Corporation
- Advanced Info Service (AIS)
- Secure Outlook For Gemalto
- Corporate Overview
- Table: Gemalto Financial KPIs, Q113 vs Q112
- Products Appeal To Maturing Asian Markets
- New Asian Growth Helps Insulate Effects Of Recession In Europe
- Table: Thailand's Population By Age Group, 1990-2020 ('000)
- Table: Thailand's Population By Age Group, 1990-2020 (% of total)
- Table: Thailand's Key Population Ratios, 1990-2020
- Table: Thailand's Rural And Urban Population, 1990-2020
- Table: Glossary Of Terms
- Table: Key Indicators For Telecommunications Industry Forecasts
- Telecoms Business Environment Ratings
- Table: Ratings Indicators
- Table: Weighting Of Indicators
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