4Q 2008 Morocco Mobile Operator Forecast, 2008 - 2010 - Out Now.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/research/563734/4q_2008_morocco Morocco, country, Africa Morocco (mərŏk`ō), officially Kingdom of Morocco, kingdom (2005 est. pop. 32,726,000), 171,834 sq mi (445,050 sq km), NW Africa. _mo) has announced the addition of IE Market Research Corp.'s new report "4Q 2008 Morocco Mobile Operator Forecast, 2008 - 2010" to their offering. This Mobile Operator Forecast on Morocco provides over 65 operational and financial metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. for the Morocco wireless market. We cover quarterly historical data starting in 2Q2004 and ending in 2Q2008. We also provide four-year forecasts at the operator level going out to 2010. Operators covered for Morocco include: Maroc Telecom Maroc Telecom (Arabic: اتصالات المغرب; Itissalatt Al Maghreb; Acronym: IAM) is the main telecommunication . IAM employs around 11,178 employees. , Medi Tel, and Wana. Our Mobile Forecasts are updated quarterly and are available for one-time delivery or through regular updates. Notable highlights of the 4Q08 Morocco Mobile Forecast include: - Total subscribers in Morocco will increase from our projected 22.9 million to a forecasted 26.4 million over the forecast period of 2008 - 2010. The wireless penetration level will increase from 73.6% to 83.5% (unchanged from our previous forecasts). - Our forecasts cover three major wireless operators in Morocco. In 2010, we expect that Maroc Telecom, Medi Tel and Wana will serve 65.0%, 32.5% and 2.5% of the subscriber base in Morocco. With Wana expanding the size of its operation, the leading player, Maroc Telecom, will be losing its market share slightly. We forecast that Maroc Telecom's market share will decrease from up to 66.4% in 2008 to 65.0% in 2010. - During the forecast period from 2008 to 2010, we think that Maroc Telecom's share of net additions will fall from 65% to 50% while that of Wana increases from 5% to 20%. - Maroc Telecom will continue to enjoy a high EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become margin at 61.3% while Medi Tel is forecasted to have a 44.9% EBITDA margin in 2010. - In 2010, Maroc Telecom is forecasted to register ARPU (Average Revenue Per User) A calculation often used to determine the overall value of an application. It is also used to rate particular customers, especially in the wireless space, by comparing someone's account to the overall average. of US$ 13.32 per month compared to US$ 7.99 for Medi Tel. Executive Summary: Subscriber growth decreasing +20.7% industry average subscriber growth in Morocco from 2Q.2007 to 2Q.2008 SUBSCRIBER GROWTH RATES Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. IN MOROCCO DECREASING (Chart 72) ARPU growth levels are improving -8.5% operator-wide average from 2Q.2007 to 2Q.2008 ARPU GROWTH IMPROVING OVERALL (Chart 89) Minutes of Use per Subscriber increasing at a decreasing rate 24.4% industry-wide average MINUTES OF USE PER SUBSCRIBER ARE INCREASING AT A DECREASING RATE (Chart 98) Operators seeing their EBITDA growth stabilize stabilize See peg. Industry average EBITDA growth was 58.3% STABILIZATION Stabilization The action undertakes a country when it buys and sells its own currency to protect its exchange value. Actions registered competitive traders undertake by on the NYSE to meet the exchange requirement that 75% of their traded be stabilizing, meaning that sell orders OF EBITDA GROWTH IN MOROCCO (Chart 115) So what is IEMR's Forecast? Total subscribers to reach 26.4 million in 2010 MAROC TELECOM WILL CONTINUE TO SERVE THE HIGHEST NUMBER OF SUBSCRIBERS IN MOROCCO (Chart 3) Maroc Telecom leads Morocco's mobile operator space MAROC TELECOM TO LOSE MARKET SHARES TO WANA OVER THE NEXT THREE YEARS (Chart 33) ARPUs expected to decrease ARPU LEVELS WILL DECREASE OVER THE NEXT THREE YEARS (Chart 56) Industry EBITDA margin will decrease INDUSTRY EBITDA MARGIN EXPECTED TO DECREASE (Chart 48) Companies Mentioned: - Maroc Telecom - Medi Tel - Wana (Only "Number of subscribers", "Subscriber growth", "Net subscriber adds", "YoY growth", "Share of total subscribers" and "Share of net adds" are available for this operator.) For more information visit http://www.researchandmarkets.com/research/563734/4q_2008_morocco_mo |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion