strategy analyst presentation 2006
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Vodafone Group PlcStrategy Update
Analyst Presentation30 May 2006
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Strategy update
Arun Sarin
Chief Executive
30th May 2006
Strategy update2
The following presentation is being made only to, and are only directed at, persons to whom suchpresentation may lawfully be communicated (relevant persons). Any person who is not a relevantperson should not act or rely on this presentation or any of its contents.
Information in the following presentation relating to the price at which relevant investments havebeen bought or sold in the past or the yield on such investments cannot be relied upon as a guideto the future performance of such investments.
The presentation contains forward-looking statements which are subject to risks and uncertaintiesbecause they relate to future events. Some of the factors which may cause actual results to differfrom these forward-looking statements are discussed in the last slide of the presentation and otherscan be found by referring to the information contained under the heading Risk Factors in our
Annual Report for the year ended 31 March 2005. The Annual Report can be found on our website(www.vodafone.com).
The presentation also contains certain non-GAAP financial information. The Groups managementbelieves these measures provide valuable additional information in understanding the performanceof the Group or the Groups businesses because they provide measures used by the Group toassess performance. Although these measures are important in the management of the business,they should not be viewed as replacements for, but rather as complementary to, the comparableGAAP measures such as turnover and reported items on the consolidated profit and loss accountor the consolidated statement of cash flows.
Vodafone, Vodafone live!, Vodafone Wireless Office, Vodafone Mobile Connect, VodafoneZuhause, Vodafone Radio DJ, Vodafone Simply, Stop the Clock and Vodafone Passport aretrademarks of the Vodafone Group.
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30th May 2006
Strategy update3
Strategy Update Agenda
Competitive Environment and Vodafones Strategic ObjectivesArun Sarin
Emerging Markets Focus on GrowthPaul Donovan
New Businesses Mobile PlusThomas Geitner
Europe Region Cost Reduction and Revenue StimulationBill Morrow
Mobile Plus in GermanyFritz Joussen
Summary and Q&AArun Sarin
Aligning Financial Policies to StrategyAndy Halford
30th May 2006
Strategy update4
Pace of change in mobile is accelerating
Customers
Technology
Competitors
Regulation
Customers
Growing choice of services
Value and simplicity
Converged mobile,broadband and internet offerings
Emerging market growth
Technology
VoIP
WiFi/WiMAX
DSL
Regulation
Termination rates
Roaming
MVNO wholesaling
Competitors
Aggressive incumbent MNOs
Integrated fixed/mobile
MVNOs/low frills providers
Internet players
MobileIndustry
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30th May 2006
Strategy update5
The new realities of the mobile industry
Competition is intensifying from existing and new players
Significant price erosion
Customers have far greater choice in communications
Growing demand for broadband
Emerging markets delivering significant growth
Continued significant regulatory pressure
Mobile business model is changing
30th May 2006
Strategy update6
Vodafones five key strategic objectives
Cost reduction and revenue stimulation in Europe
Deliver strong growth in emerging markets
Innovate and deliver on our customers total communications needs
Actively manage our portfolio to maximise returns
Align capital structure and shareholder returns policy to strategy
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30th May 2006
Strategy update7
Organisation to deliver new strategic objectives
Cost reduction Revenue stimulation
Europe
Bill Morrow
Deliver strong growth in emerging markets Outperform on recently acquired businesses Maximise shareholder returns from affiliates
EMAPAPaul Donovan
Mobile Plus
Thomas Geitner
Capture new sources of revenue
Innovative total communications solutions
30th May 2006
Strategy update8
In Europe the focus is on cost reduction and revenuestimulation
Reduce cost structure
Leverage regional scale
Outsourcing
Shared services
Overhead reduction
Stimulate voice usage
Substitute fixed minutes
Enhance customer value
Innovative bundling
Vodafone At Home
Vodafone At Office
HSDPA enabled services
Objectives Approaches
Cost Reduction
Revenue
Stimulation
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Strategy update9
Deliver high performance inexisting operations
Outperform new acquisitionsbusiness case
Raise stakes over time - selective
opportunities to extend footprint
Global mobile telecom annual revenues
CAGR %
12.3
4.4
310
2005
434
2010eEmerging marketsDeveloped markets
275221
159
89
Emerging marketsare ~60% of totalexpected growthover next 5 years
Emerging markets will deliver strong growth
Vodafone Priorities
bn
Source: Merrill Lynch, Strategy Analytics
30th May 2006
Strategy update10
Customers can now communicate in many different ways
More places: At Home,At Office, hotspots,
mobile
More devices: basic phones, cameraphones, music phones, UMA devices
More services: VoIP, IM, Blogging
More access technologies:DSL, WiFi
More mobile applications:Push Email, SFA
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Strategy update11
Vodafone will focus initially on three key areas
Targeting around 10% of total revenue in 3 to 4 years
Address fixed line revenueopportunity via VodafoneAt Home and Vodafone
At Office
Create advertisingrevenue stream
Develop integratedmobile andPC offerings
Mobile centric approach Mobile Plus offerings
30th May 2006
Strategy update12
Vodafones scale and being mobile centric are clearcompetitive advantages
170 millionVodafone customers
Personalisation
No fixed line burden
Attractive to partners
Technology agnostic
Mobility
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Strategy update13
Portfolio management priorities
Selective approach
Regional focus
Superior returns
Strict criteria
30th May 2006
Strategy update14
Vodafones approach to the US market
9.09.4
9.9
8.5
10.8
11.9
12.7
7.7
9.4
12.1
13.7
14.9
8.0
10.3
12.1
14.0
15.2
$6
$8
$10
$12
$14
$16
CY2003 CY2004 CY2005 CY2006 CY2007
(US$ in billions)
US market is relatively under penetrated (~ 70%) and valuable (300m population)
VZW is the market leader on all key metrics
No 1 US mobile operator by EBITDA with margins >38% of total revenue
No 1 US mobile operator for customer growth with 7.6 million net adds in last 12 months
Vodafones Board will always consider shareholder value
Vodafone is happy to remain in the US with its existing stake
US Analysts consensus EBITDA Projections vs. Actuals
Estimates as of:
2003 E
2004 E
2005 E
2006 E
Actual
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Strategy update15
60% dividend payout
Low Single A rating
9bn B share distribution
Financial impact and capital structure
Targeting profitable growth
Growth in emergingmarkets
Cost reduction &revenue
stimulation in Europe
Align financial policies to support new strategy
Actively manage ourportfolio
Deliver innovativeMobile Plus products
30th May 2006
Strategy update16
Summary
Changing industry landscape
Vodafone continues to outperform
Strategy has evolved to ensure continued success
Vodafone well positioned to deliver
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Strategy update17
Strategy Update Agenda
Competitive Environment and Vodafones Strategic ObjectivesArun Sarin
Emerging Markets Focus on GrowthPaul Donovan
New Businesses Mobile PlusThomas Geitner
Europe Region Cost Reduction and Revenue StimulationBill Morrow
Mobile Plus in GermanyFritz Joussen
Summary and Q&AArun Sarin
Aligning Financial Policies to StrategyAndy Halford
Europe Region Cost Reductionand Revenue Stimulation
Bill Morrow
CEO, Europe Region
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29. Mai 200630th May 2006
Strategy update19
The Europe Region generates around 80% of Group
controlled revenues and profits
90%6.9bn
Operating free
cash flow
80%23.5bnRevenue
83%5.8bnOperating profit2
70%2.8bnCapex
70%93.2mnCustomers1
40.7k
FY 05/06
67%
Percentage ofcontrolled
businesses
Employees3
Note: Europe Region statutory basis (excluding Sweden). Percentagesbased on continuing group businesses only.1EOP, mobile only. 2Adjusted operating profit before impairment losses andother income and expense. 3Average employees.
29. Mai 200630th May 2006
Strategy update20
Our primary objective is to drive our multi-year cashgeneration
We will do this by:
Maintaining our market leadership positions
Aggressively reducing costs
Driving revenue stimulation
Disciplined execution
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29. Mai 200630th May 2006
Strategy update21
Vodafone is and must remain a market leader in revenue
and EBITDA share
142%Greece
153%Ireland
238%Portugal4
236%Italy
1=37%Germany
29%
32%
28%
Vodafoneshare
1
2
2
Vodafoneposition
UK
Spain
Netherlands
233%Portugal4
155%Ireland2
144%Greece
230%Netherlands
228%Spain
33%
46%
45%
Vodafoneshare
1
2
1
Vodafoneposition
UK3
Italy3
Germany
Revenue1 share and position vs. keycompetitors FY 05/06
EBITDA share and position vs. keycompetitors FY 05/06
Note: 1Total revenues, except for Italy for which available data for service revenue. 2Excludes Meteor and 3: data for 6 mths to Sept 05. 3Excludes 3. 49 mthsto Dec 05
Source: Company data (excludes Malta and Albania), external available data and analyst forecasts.
29. Mai 200630th May 2006
Strategy update22
Vodafone is and must remain a market leader in brandpreference and customer satisfaction
2Greece
2Ireland
1Portugal
1Italy
1Germany
2
1
1
Vodafone customersatisfaction position
UK
Spain
Netherlands
Leading in customer satisfaction
Continuing strong brand preference
Clearly differentiated customer
propositions: Vodafone live!
Vodafone Mobile Connect
Vodafone Passport
Vodafone Simply
High service levels
Value-oriented tariffs
Note: Data based on Vodafone external survey March 2006.
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Strategy update23
Vodafones unique position gives us an advantage
Distribution presence
Brand visibility
Local SCM
Networked effects
Spreading costs
Common product development
Advertising cost sharing
Pan European offerings
Shared services
Standardisation and consolidation
Local
Regional
Global Brand
Supply chain
MNC proposition
Strategic partner appeal
Scalebene
fitandcompetitiveadvantage
Uniqueposition
#1 or #2today
29. Mai 200630th May 2006
Strategy update24
We are changing our cost structure
Operations
7.5bn Opex andCapex (FY 05/06)1
Outsourcing
Sharing assets
Reduced overheads
Global synergies
Regional savings
Local savings
Full service for allcustomers
Mixture of direct andindirect costs
Customer A&RCosts
2.6bn (FY 05/06)1
Service segmentation by lifetime value
Focus on direct distribution including online
1Europe Region statutory basis (excluding Sweden)
Today
Fully controlledoperations
Some regionalconsolidation
Going forward
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Strategy update25
Key actions to reduce operating and capital costsToday Actions Opportunity
IT ApplicationDevelopment
andMaintenance
Outsourcing
~6,500 FTEs involvedin service delivery
560mn annual costto Vodafone
Decision to outsource
Suppliers to bereduced from ~2,500to 1-2 primaryvendors
Potential annualsavings of 25-30%within 3-5 years
Supply ChainManagement
GlobalSavings
Separate local andglobal activities
3.3bn total networkexternal spend toVodafone
Standardisation ofdesigns
Materials categorystrategies
Centralisation ofNetwork SCM activities
Potential annualsavings of 8% within2 years
Regionalised Northern &
Southern Data Centres 75% fewer major data
centres
Consolidated hardware,software, maintenanceand system integrationsuppliers
European ITOperations
RegionalSavings
Multiple data centrelocations
320mn annual cashcost to Vodafone
Potential annualsavings of 25-30%within 3-5 years
29. Mai 200630th May 2006
Strategy update26
Today Actions Opportunity
Key actions to reduce operating and capital costs - contd.
ReducedGroup
overheadsOverheads Global Technology,
Global Marketing andother functions withstronger globalorientation
Reduction of 400+positions
Ensuring appropriatebalance betweenglobal and local
Reduction in Groupoverheads
Accesstransmission
LocalSavings
Multiple leased lineproviders
Increasing capacityrequirements
Annual opex spendtoday of 280mn
Move to owned fibreand microwavenetwork
Large percentagereduction of leasedlines migrated by2008
Potential annualsavings of 10-15%within 2 years
Additional bandwidth
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Strategy update27
We are evolving our business model to stimulate revenue
Promotions
3G infotainment Mobile only focus
Usage
14% total minutevolume increase
(FY 05/06)1
3G bundles and smart tariff plans
Fixed substitution Converged business services
1Europe Region statutory basis (excluding Sweden).
Customers
7.7mn net adds(FY 05/06)1
Revenue share focus
Focus on customer value
Pushing services not just acquisitions
Extended contract terms
Customer marketshare
Today Going forward
29. Mai 200630th May 2006
Strategy update28
Today Actions Opportunity
Key actions to stimulate revenue
1Provisioned subscribers paying for email service.
High valuecustomer
(HVC) focus
Spain: Prepay to contractmigration increased MoUby 174% and ARPU by66%
UK: 18-month contracts toincrease lifetime value arenow 80% of total consumerpostpay gross additions
Potential 2%incremental revenuefrom consumer
segments and 5%reduction in A&R costsin year 3
Customer numbers
focus
Single year contractterms
Family plans Few tailored familyofferings
Greece: 10% of
contract base on highARPU plan with 80%families adding at leastone new member
Potential 2%
incremental revenuefrom consumersegments in year 3
HBD increase of 164% insubscribers1 in FY05/06
Exclusive deals with laptopOEMs
UK: Recent deal covering
20,000 users doubled theaccount value
Convergedbusinessservices
Early launches ofhandheld businessdevices (HBD) and
new service models
Potential 6%incremental revenuefrom Business
customers in year 3
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Strategy update29
Over 6mn customers
benefiting
Large percentage of HVCs(62% registrations from top40%)
Increased customer
satisfaction
Today Actions Opportunity
Key actions to stimulate revenue contd.
VodafonePassport
For recurring roamers, 15%increase in businesscustomer minutes, 39% in
postpay and 106% inprepay
Target of 11mncustomers by the end
of 06/07
Consumer
Bundles launched todrive revenue,stickiness andcustomer growth
Mobile TV, music services
and HomeZone callingoptions
Germany: migrated 35%of contract base to higher
bundle with 2 ARPU uplift
Potentially up to 1%incremental revenuefrom consumers ofbundled services in
year 3
Business
Vodafone WirelessOffice propositions
launched in mostmarkets
Over 1.5mn users
Spain: 500k wirelessoffice users with usagearound 50% higher than
for average businessusers
Potential 2%
incremental voicerevenue from Business
customers in year 3
Drive traffic growth,particularly from fixed-
line substitution
29. Mai 200630th May 2006
Strategy update30
Moving early to wireless broadband
HSDPA full commercial launch Summer 2006 4 times faster than 3G to date
Coverage equivalent to 3G today by mid 2007 in key markets
Vodafone live! with 3G
Business propositions
WCDMA 3G Network built to about 60% across all markets
Wireless Broadband
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Strategy update33
EMAPA (FY 05/06)
35.5 million customers
4.2bn revenues
1.5bn EBITDA
41.8 million customers
12.7bn revenues
4.8bn EBITDA
Subsidiaries and JVs
Affiliates
Deliver high performance incontrolled businesses
Maximise shareholder returns inaffiliates
Leverage measurable synergybenefits from scale and scope
Outperform acquisition business
cases
EMAPA Priorities
30th May 2006
Strategy update34
Emerging markets
High customer growth
Lower ARPU but healthymargins
Immature fixed line markets
Low cost business models
Best practice focus
Handsets
Network rollout
Banking/Payments
Migrant workers propositions
Subsidiaries
Joint ventures and investments
Partner Networks
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Strategy update35
Romania
Reversed revenue share trend+1.1pp FY 05/06
Exceeded acquisition plan EBITDAby 17%
Czech Republic
2.2 pp increase in revenue marketshare FY 05/06
Positive ARPU trend
Exceeded acquisition plan EBITDAby 11%
Romania and Czech Republic successful integration
Recent highlights
Romania
22mn population
66% penetration
Czech Republic
10mn population113% penetration
30th May 2006
Strategy update36
Turkey
Turkey ready for turnaround
Telsim acquisition now closed
Favourable demographics
11.6m customers (March 06)
24.7% market share (March 06)
Immediate priorities
Reposition from price to value
Invest in coverage and quality
Improve customer service
Transition path to Vodafone brand
73mn population
56% penetration
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Strategy update37
Egypt Vodafone outperforming the market
Egypt
Penetration growth
Outperformance vs competition
6pp margin outperformance vscompetition
Third operator to come
Recent highlights
73mn population17% penetration
Customers
Revenue
35
40
45
50
55
60
Jun-02
Oct-02
Feb-03
Jun-03
Oct-03
Feb-04
Jun-04
Oct-04
Feb-05
Jun-05
Oct-05
Feb-06
Vodafone
MobiNil
40
45
50
55
60
Sep-02
Nov-02
Jan-03
Mar-03
May-03
Jul-03
Sep-03
Nov-03
Jan-04
Mar-04
May-04
Jul-04
Sep-04
Nov-04
Jan-05
Mar-05
May-05
Jul-05
Sep-05
Nov-05
Jan-06
Mar-06
Vodafone
MobiNil
30th May 2006
Strategy update38
Increased stake to 49.9%
Exposure to five markets South Africa
Democratic Republic Congo
Lesotho
Mozambique Tanzania
South Africa view:
FY 05/06 customer growth +49%
FY 05/06 EBITDA growth +22%
Innovators in data:
Vodafone live!
Blackberry
HSDPA
South Africa consistent track record of growthat Vodacom
South Africa
Recent highlights
48mn population70% penetration
Vodacom subsidiaries
116mn population7% penetration
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Strategy update39
India - catching up with Chinas market growth
10% of Bharti acquired inDecember 05
Strong performance
Market growing at 4-5m customersper month
Bharti net additions around 1m permonth
Revenue share leader with 3-4%
lead over nearest competitor
Recent highlights
India
1.2bn population6% penetration
30th May 2006
Strategy update40
Key messages
Eastern Europe and Emerging markets strong organicrevenue growth
Recent acquisitions are outperforming local competition
Measurable benefits from Vodafones scale and scope
Effective transfer of knowledge to drive local operationalperformance
Measured approach to further investment
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New Businesses Mobile Plus
Thomas GeitnerCEO, New Businesses and Innovation
29. Mai 200630th May 2006
Strategy update42
Mobile Plus will allow us to address new sources ofrevenue
Global Revenues 20051 - bn
Source: IDC, Merrill Lynch, Zenith Optomedia
306
226
264
Advertising
Mobile
Fixed
Voice+Data
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Strategy update43
Mobile Plus seeks to meet several customers needs
Access to communities
Faster speed and availability
Desire for mobility and personalisation
Value and simplicity
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Strategy update44
Our customers regard Vodafone as a credible providerof communications services in addition to mobile
77%
86%84% 84%
74%
86%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
% of customers finding Vodafone brand credible to deliver future complete communicationsoffer (mobile, fixed data, fixed VoIP)
At Home At Office
UK Germany Italy UK Germany Italy
Source: Vodafone Customer Research
Vodafone recently ranked 16th most valuable brand in the world
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Strategy update45
We will initially focus around 3 areas
Extend our reach with Vodafone At Home andVodafone At Office to address fixed line revenues
IP-based services that integrate mobile with theInternet/PC
Advertising-based services that are delivered in ways
that customers find attractive
29. Mai 200630th May 2006
Strategy update46
A wide array of technologies Phase I:Fixed MobileSubstitution
(FMS)
Phase II:FMS + DSL
Phase III:Total
CommunicationsSolution
Homezone
Officezone
Straight bundling
Asset light /wholesale
WiFi
VoIP
Software enabledproducts
Fixed to mobile substitution is at the core of Mobile Plus
3GHSDPA
WiFi
IP
DSL
Homezone tolaunch in
majority ofEurope Region
opcos thisfinancial year
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Strategy update47
Combining the Best of Both Mobile and the Internet All the benefits of the
Internet on yourmobilee.g. buddy list, email
All the benefits ofmobile on your PCe.g. secure, personal
Services that workseamlessly betweenthe twoe.g. messages,
address book
Delivered viapartnerships andVodafone IPR
IP-based communications will integrate mobility with
the PC
Internet
Mobile PC
29. Mai 200630th May 2006
Strategy update48
We will broaden our business model to includemobile advertising
SMS/MMSpush
Customerpull
Idlescreen
Mobile TVinserts
Different AdvertisingOpportunities on Mobile
Global On-line Advertising Revenues (bn)
31.7
27.8
24.6
21.217.2
9.4
6.45.05.3
13.4
0.0
5.0
10.0
15.0
20.0
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
25.0
30.0
35.0
Source: Yahoo investor presentation
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Strategy update49
Our approach will be different
Vodafone advantages vs.
Incumbents + DSL Providers
Vodafone advantages vs.Internet Players
Vodafone has:
Long term customer relationships andinsights
Control over devices
Scale to be partner of choice foronline players
Vodafone is:
Customer demand led
Able to offer mobile and only the fixedservices customers want
Infrastructure-light
Creating offers that centre on mobility,the most personal service
29. Mai 200630th May 2006
Strategy update50
We have already started including these types ofoffers in our portfolio
Totalcommunications
IP-basedcommunication
Advertising
IM interconnection with MSN
Push emails deals with Yahoo and MSN
Trusted Transaction Framework with Microsoft
Search partnership with Google
Homezone products: Vodafone Zuhause (DE),Vodafone Casa (IT)
Vodafone Wireless Office
Softbank JV
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Strategy update51
Summary of the opportunity
We have 3 initial focus areas to drive forward Mobile Plus
Extend reach with Vodafone At Home and Vodafone At Office toaddress fixed line revenue
Integrate mobile with the Internet/PC
Deliver advertising based services
Mobile Plus will account for around 10%of total revenue in 3 to 4 years
Mobile Plus in Germany
Fritz Joussen
CEO, Vodafone Germany
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Strategy update53
29bn market volume
EBITDA margin: 37% (DTAG)
Share of minutes: 82% 43 ARPU
Germanmobilemarket
German fixedline market
25bn market volume
EBITDA margin: up to 40%
Share of minutes: 18%
24 ARPU
Fixed to mobile substitution represents a big opportunity
Source: IDC, Company Data
29 May 200630th May 2006
Strategy update54
Vodafone Zuhause Tariff options - ontop of mobile tariff
440k customers with 5 ARPU uplift
Vodafone Zuhause Talk 24 - separate
SIM
150k customers with 20 ARPU uplift
Vodafone Zuhause Web - mobile
broadband
40k customers with 30 ARPU uplift
Zuhause Option Zuhause Talk 24
Zuhause Web
We started Vodafone Zuhause 12 months ago
40k
150k
440k
Significant ARPU upliftTotal of around 630k customers today
Vodafone Zuhause already generates 80 mn in annualised revenue contribution
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Strategy update55
There is a strong demand for DSL in Germany
Top reasons for rejecting Vodafone Zuhause DSL penetration: 25% in 2005 up to 60% in 2009
Other reasons
63%
37%Customer wants fixed
broadband internet access
Source: Company quantitative consumer market research, July 2005 Source: Telebasic 2005; Telekom press release; UADS 12/05; Arcor
90
80
70
60
50
40
30
20
10
0100 20 3 0 40 50 6 0 7 0
Malaysia
China
Czech
USA
Venezuela
Brazil
ColombiaBelgium
Switzerland
Taiwan
Singapore
S-Korea
Japan
Netherlands
HongKong
Spain
AustriaSweden
Portugal
Germany Italy UK
France
Nascentmarkets
Growingmarkets
Maturemarkets
Trend Line
% Broadband House hold Penetration 2005
ARPU$USperMonth
29 May 200630th May 2006
Strategy update56
We will launch Vodafone Zuhause with DSL in Q3of FY 06/07
On-top: VodafoneHomezone voice
On-top: VodafoneHomezone broadbanddata
Existing Vodafonemobile offerings
Increasing value tothe customer and increasing
profit pool for Vodafone
DSL HSDPA
Competing on user experience, not on price
HSDPA
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Strategy update57
User Experience I:
Instantly ready to use
1,800 own retail outlets
500k outbound customer contactsper month
SIM activation, provisioning ofHomezone and geographicalnumber within 5 minutes
Instant use of Vodafone ZuhauseVoice and Data based on HSDPAbefore DSL installed
Access independent broadbandflatrate for use on DSL and HSDPA
Explore
Deliver
Use
29 May 200630th May 2006
Strategy update58
Mobile PC
User Experience II:Seamless extension of Vodafone live! from Mobile to Web
3.5 m users
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Strategy update59
User Experience III:
Mobile access to rich media personal content and applications onhome PC connected to Internet
Mobile access tohome PC
Media stream ontomobile phone
3G/HSDPA DSL
29 May 200630th May 2006
Strategy update60
Total Vodafone Zuhause customersaround 2 million
Annualised revenue contribution of 240m
Financial summary - significant revenue growth fromVodafone Zuhause in FY 06/07
Total Vodafone Zuhause customersaround 630k
Annualised revenue contribution of 80m
Vodafone Zuhause customers
at 31 March 2007Vodafone Zuhause customers today
Zu hause Voice Zuhause DataZuhause Voice Zuhause Data
590k
40k
1,850k
150k
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