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Hutchison Telecom Announces Unaudited Key Performance Indicators for Third Quarter Ended 30 September 2009

Posted : Tue, 10 Nov 2009 03:36:24 GMT
Author : Hutchison Telecommunications International Limited
Category : Press Release
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HONG KONG, Nov. 9 /PRNewswire-Asia-FirstCall/ -- Hutchison Telecommunications International Limited ("Hutchison Telecom", "the Group", SEHK: 2332; NYSE: HTX) today announced its unaudited key performance indicators for the quarter ended 30 September 2009.
The Group's total customer base rose 14.8% quarterly to approximately 9.9 million with strong contribution from Indonesia which recorded a net addition of 877,000 new customers, representing a 13.6% quarterly increase and over 100% yearly growth. The Vietnam operation reported a sound quarterly growth of 63.3% to a customer base of 1.02 million. Sri Lanka also registered an improvement and ended the period with a customer base of 563,000.
Network rollouts continued during the quarter with over 1,100 base stations added in Vietnam and approximately 300 in Indonesia, taking the numbers of base stations on air to 2,600 and 7,600 respectively, which extended the population coverage in those markets to 70% and 74% respectively.
Dennis Lui, Chief Executive Officer of Hutchison Telecom, said: "We are pleased with the solid results achieved in difficult economic conditions in our markets. Supported by continued network rollout, Indonesia and Vietnam recorded double digit growth in their respective customer bases and we are encouraged that the Vietnam operation surpassed the one million customer mark within six months of launch."
About Hutchison Telecommunications International Limited
Hutchison Telecommunications International Limited ('Hutchison Telecom' or 'the Group') is a leading provider of telecommunications services. The Group currently offers mobile telecommunications services in Indonesia, Vietnam, Sri Lanka and Thailand, operating brands "Hutch", "3" and "Vietnamobile".
Hutchison Telecom is a listed company with American Depositary Shares quoted on the New York Stock Exchange under the ticker HTX and shares listed on the Stock Exchange of Hong Kong under the stock code 2332. A member of the Hong Kong-based Hutchison Whampoa Group, Hutchison Telecom is committed to providing superior telecommunications services in dynamic markets. For more information about Hutchison Telecom, see http://www.htil.com .
Cautionary Statements
This press release contains forward-looking statements. Statements that are not historical facts, including statements about the beliefs and expectations of Hutchison Telecommunications International Limited ('the Company'), are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update publicly any of them in light of new information or future events. Forward-looking statements involve inherent risks, uncertainties and assumptions. The Company cautions you that if these risks or uncertainties ever materialise or the assumptions prove incorrect, or if a number of important factors occur or do not occur, the Company's actual results may differ materially from those expressed or implied in any forward-looking statement. Additional information as to factors that may cause actual results to differ materially from the Company's forward-looking statements can be found in the Company's filings with the United States Securities and Exchange Commission.
                    -- Financial Tables to Follow --



      Unaudited Key Performance Indicators for Third Quarter 2009

    Customer Base               Q3 2009                 Q2 2009
                           30 September 2009         30 June 2009
                       Total  Postpaid Prepaid   Total  Postpaid Prepaid
    Market            ('000)    ('000)  ('000)  ('000)    ('000)  ('000)

    Indonesia         7,311       16    7,295    6,434       12   6,422

    Sri Lanka           563       --      563      536       --     536

    Vietnam           1,019        1    1,018      624        1     623



    Customer Base              Q1 2009                   Q4 2008
    (Continued)             31 March 2009           31 December 2008
                       Total  Postpaid Prepaid   Total  Postpaid Prepaid
    Market            ('000)    ('000)  ('000)  ('000)    ('000)  ('000)

    Indonesia         5,305        12   5,293    4,501       11   4,490

    Sri Lanka           722        --     722      887       --     887

    Vietnam              --        --      --       --       --      --



    Customer Base                                      Q3 2008
    (Continued)                                   30 September 2008
                                            Total     Postpaid    Prepaid
    Market                                 ('000)      ('000)      ('000)

    Indonesia                              3,604           9       3,595

    Sri Lanka                                958          --         958

    Vietnam                                   --          --          --


    Notes:
    (1) A customer is defined as a Postpaid Customer or a Prepaid
        Customer who has a Subscriber Identity Module (SIM) or Universal
        Subscriber Identity Module (USIM) that has access to the network for
        any purpose, including voice, data or video services.
    (2) Postpaid Customers are defined as those whose mobile
        telecommunications service usage is paid in arrears upon receipt
        of the mobile telecommunications operator's invoice
        and who have not been temporarily or permanently suspended from
        service.
    (3) Prepaid Customers are defined as customers with prepaid SIM cards
        or prepaid USIM cards that have been activated but not been used
        up or expired at period end.
        A new prepaid customer is recognised upon making the first call
        or registration/activation.
    (4) All numbers quoted on the basis of the total customer base of the
        operation irrespective of the Company's ownership percentage
    (5) All numbers quoted as at last day of the quarter.
    (6) The data for Hong Kong (incl Macau), Israel and Thailand are
        excluded.



    ARPU (1)                        Q3 2009                  Q2 2009
                                30 September 2009         30 June 2009
    Market      Currency   Blended Postpaid Prepaid  Blended Postpaid Prepaid

    Indonesia   IDR ('000)    11      194     11        11      202      10

    Sri Lanka   LKR          114       --    114       119       --     119

    Vietnam     VND ('000)    47      307     47        68      250      68



    ARPU (1) (Continued)               Q1 2009               Q4 2008
                                    31 March 2009        31 December 2008
    Market      Currency     Blended Postpaid Prepaid Blended Postpaid Prepaid

    Indonesia   IDR ('000)      10     183       10      11      134      11

    Sri Lanka   LKR            148      --      148     164       --     164

    Vietnam     VND ('000)      --      --       --      --       --      --



    ARPU (1) (Continued)                       Q3 2008
                                          30 September 2008
    Market             Currency    Blended    Postpaid     Prepaid

    Indonesia          IDR ('000)      10         134         9

    Sri Lanka          LKR            181          --       181

    Vietnam            VND ('000)      --          --        --


    Notes:
    (1) The monthly Average Revenue Per User (ARPU) is calculated as the
        total Service Revenues for the month divided by the simple
        average number of activated customers for the month.
        The monthly ARPU for the quarter represents the average of the
        monthly ARPU in the quarter.
    (2) Service Revenues are defined as the direct recurring service
        revenues plus roaming revenues.
    (3) The data for Hong Kong (incl Macau), Israel and Thailand are
        excluded.



                              Q3 2009                 Q2 2009
    MOU (1)             30 September 2009          30 June 2009
    Market         Blended Postpaid Prepaid   Blended Postpaid Prepaid

    Indonesia         49     362      48         55      375      54

    Sri Lanka         79      --      79         77       --      77

    Vietnam          162     176     162        221      156     221



    MOU (1) (Continued)        Q1 2009                 Q4 2008
                           31 March 2009             31 December 2008
    Market          Blended Postpaid Prepaid   Blended Postpaid Prepaid

    Indonesia         55      342       55        55      225      55

    Sri Lanka         77       --       77        74       --      74

    Vietnam           --       --       --        --       --      --





    MOU (1) (Continued)                        Q3 2008
                                          30 September 2008
    Market                       Blended     Postpaid     Prepaid

    Indonesia                       56          209          56

    Sri Lanka                       71           --          71

    Vietnam                         --           --          --


    Notes:
    (1) The monthly Minutes of Use (MOU) is calculated as the total
        minutes carried over the network (2G total airtime usage + 3G
        voice and video usage, but excluding inbound on-net minutes)
        for the month divided by the simple average number of activated
        customer. The monthly MOU for the quarter represents the average
        of the monthly MOU in the quarter.
    (2) The data for Hong Kong (incl Macau), Israel and Thailand are
        excluded.



    Churn (1)                 Q3 2009                   Q2 2009
                         30 September 2009             30 June 2009
    Market         Blended  Postpaid  Prepaid   Blended  Postpaid   Prepaid

    Indonesia       24.7%     6.3%     24.7%     24.9%     12.8%     25.0%

    Sri Lanka        1.5%       --      1.5%     10.8%        --     10.8%

    Vietnam          9.3%     9.1%      9.3%      0.3%      10.6%     0.3%



    Churn (1) (Continued)       Q1 2009                  Q4 2008
                            31 March 2009            31 December 2008
    Market          Blended  Postpaid  Prepaid   Blended  Postpaid  Prepaid

    Indonesia        24.8%     4.8%     24.9%     24.2%      4.1%    24.3%

    Sri Lanka         7.1%       --      7.1%      4.4%        --     4.4%

    Vietnam             --       --        --        --        --       --



    Churn (1) (Continued)                         Q3 2008
                                             30 September 2008
    Market                            Blended    Postpaid    Prepaid

    Indonesia                          18.1%       5.3%       18.1%

    Sri Lanka                           5.0%         --        5.0%

    Vietnam                               --         --          --

    Notes:

    (1) The monthly churn % is calculated as the average number of
        disconnections (net of reconnection and internal migration
        between networks) for the month divided by
        the simple average number of activated customers for the month.
        The monthly churn % for the quarter represents the average of the
        monthly churn rates in the quarter.
    (2) The data for Hong Kong (incl Macau), Israel and Thailand are
        excluded.

        The Board wishes to remind investors that the above key performance
        indicators are based on the Group's unaudited internal records.
        Investors are cautioned not to unduly rely on such data.



    For enquiries, please contact:

     Ada Yeung
     Corporate Communications
     Hutchison Telecom
     Work:   +852-2128-3106
     Mobile: +852-6347-0619
     Email:  adayeung@htil.com.hk

     Nicky Lee
     Investor Relations
     Hutchison Telecom
     Work:  +852-2128-3163
     Email: nickylee@htil.com.hk
SOURCE Hutchison Telecommunications International Limited

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