Welcome to the 5 th TowerXchange Meetup Asia

Transcription

1 Welcome to the 5 th TowerXchange Meetup Asia Diamond sponsors: Silver sponsors: Bronze sponsors: R

2 Meetup agenda Day One Tuesday Plenary session Networking coffee break sponsored by accruent Day Two Wednesday Plenary session Networking coffee break sponsored by Delmec Plenary session Plenary session Roundtable session I Ascend vendor briefing (invite only) Roundtable session III Bharti Infratel vendor briefing (invite only) IDIA meeting Networking lunch Networking lunch Roundtable session II Technology working group on energy management (invite only) Networking coffee break sponsored by Cyient Plenary session Networking drink reception sponsored by edotco Networking dinner sponsored by Gridserve Plenary session Roundtable session IV Networking coffee break and end of Meetup

3 Key logistical information Drinks reception in expo Adrift by David Myers, Marina Bay Sands, Hotel Lobby Tower 2 R No smoking within premises Network name: towerxchange Password: tower123 #TXMeetupAsia

4 TowerXchange s analysis of the global and Asian tower markets Arianna Neri, Managing Director - Asia and Americas, TowerXchange Pablo Crespo, Head of Asia, TowerXchange Join the Community: Research:

5 Networking club for towercos Meetups, CXO dinners, must-read-journal, 3 million words of research, who s whos Meetup MENA 2019 Meetup Europe 2019 Meetup Americas 2019 Meetup China 2019 Meetup Africa 2019 Meetup Asia January, Dubai 9-10 April, London 9-10 July, Boca Raton August, Beijing 8-9 October, Johannesburg 3-4 December, Singapore

6 The new market structure in which towercos own 67% of towers TowerXchange is tracking 276 towercos that now own 66.9% of the world s 4.4mn towers China Tower Corporation* 1,920,000 Reliance Infratel 43,000 Crown Castle 40,053 Bharti Infratel 39,946 American Tower 150,975 Indus Towers 124,230 SBA Communications 29,357 edotco 28,490 Deutsche Funkturm 28,000 GTL Infrastructure 27,759 IHS Towers 22,860 Cellnex 21, other towercos with 5,000-20,000 towers 303, ** other towercos with <5,000 towers 157,774 * China Tower Corporation area reduced to better illustrate the relative global market share of the other towercos if illustrated to scale, China Tower Corporation s area would be almost double the scale of the rest of the industry combined Source: TowerXchange

7 Towerco penetration and business models in different regions Global Europe 59.5% 12.1% 17.6% India 28.8% 44.9% 10.7% 11% 26.2% 33.1% China 97.5% 2.5% 52.7% S & SE Asia (Exc India) 66.3% 19.3% 14.4% N & E Asia (exc China) 100% 10.7% 6.6% 1.5% 12.8% CALA 47.3% 42% USA & Canada 27% 66.5% MENA 99.5% 0.04% 0.01% SSA 34.1% 61.4% 4.5% Oceania 87% 13% Operator-led towerco Pureplay independent towerco Joint venture infraco MNO-captive sites Source: TowerXchange

8 Selected Asian tower market size comparisons, Q Nepal 6,000 Laos 7,374 Afghanistan 7,000 Sri Lanka 7,500 Cambodia 9,200 Australia 15,100 Myanmar 15,827 Philippines 17,850 Malaysia 22,802 Bangladesh 30,000 South Korea 30,000 Pakistan 34,300 Thailand 52,483 Vietnam 90,000 Indonesia 93,378 Japan 220,000 India 461,121 China 1,968,000 Asian tower markets with <5,000 assets New Zealand 4,000 PNG 1,500 Singapore 1,000 Mongolia 1,000 Brunei 500 Rest of Oceania 400 Bhutan 100 Source: TowerXchange

9 The restructuring of the Indian telecom and tower industries ,000 5,000 14,421 25,000 65, ,200 8,400 15,000 28,000 39, ,230 43,000 76,555 Indus Towers American Tower Reliance Infratel Bharti Infratel GTL Infrastructure Tower Vision Ascend Saurava Towers BSNL Reliance Jio RCOM Bharti Airtel MTNL MTS Others Sources: TowerXchange Research, TAIPA, PwC < Major restructuring at MNO and towerco level < Tenancy churn ranging from % < Mergers and efficiency are a must

10 Pakistan s tower industry stuttering 6, < Still 13k+ towers up 7,100 7,400 13,000 edotco Jazz (Deodar) Telenor CMPak (Zong) Ufone for grabs? < Strong infrasharing among MNOs < Networks require Source: TowerXchange consolidation, efficiency

11 New markets opening up in Asia Bangladesh Philippines Nepal Diamond Sponsors: Silver Sponsors: Bronze Sponsors: R

12 Bangladesh: towerco licenses stir the market 29.9% 21.7% 2.6% Grameenphone Robi Banglalink < Four licensed towercos < By 2023 roll back of co-lo agreements 45.8% Teletalk Source BTRC < Rationalisation, BTS and 4G rollout

13 Philippines: the next towerco frontier < Third MNO selected: Mislatel Consortium (China Telecom + Smart-PLDT 9,850 8,000 Globe Source: TowerXchange Udenna Corp.) < Proposal of a common tower policy < Globe to divest its tower assets? < DICT to appoint one/two towercos by Q119

14 Who owns Myanmar s towers? IGT Apollo* edotco PAMEL* * Apollo Towers and PAMEL owned by TPG Independent towerco towers MNO captive towers ~ OCK EFT MNTI KPR MTGDC, NTD, MCDC, KBZ MPT Telenor Ooredoo Mytel Towers, DLRE, CommBiz, ITMB, MAPCO and EAGER Source: TowerXchange research

15 Reinvigorated enthusiasm in Myanmar 9.4mn 19mn 2.6mn 25mn MPT Telenor Ooredoo Mytel Source: TowerXchange Research plus Company Reports < Mytel: 3mn subscribers, US$2bn infra budget < Strategy: co-locations, building & acquiring, working with local towercos < TPG-PAMEL deal is the first of a consolidation wave < 75% of towers still off-grid, logistical challenges

16 Vietnam s tower landscape Operators 40,000 20,000 20,000 4,000 2,000 1,350 2,000 Viettel MobiFone VNPT Vietnamobile Gmobile Small independent Towercos towercos OCK Golden Towers Nisco Source: TowerXchange research

17 Vietnam: a mature landscape with co-location opportunities 3.7mn 6mn 63mn 20.5mn Viettel MobiFone VNPT-Vinaphone Gmobile Vietnamobile < 90,000 towers, fragmented ecosystem < Opportunities to modernise and optimise network < 4G/5G deployment -> network capex < MNOs financials could drive co-los 34.8mn Source: TowerXchange < Innovation: small cells, urban antennas and fibre

18 Indonesia: towercos 2.0, consolidation 13,461 16,254 13,113 6,900 8,600 1,012 4,048 1,250 1, ,500 4,000 18,000 Towerco-owned Mitratel Tower Bersama Protelindo STP IBS Tower Persadasokka Tama Centratama Menara Balitower Gihon PEKAPE Others Operator-captive Telkom + Telkomsel XL Indosat < Mature steel and grass towerco market < New business models and diversification < Refinancing and consolidation still a theme Source: TowerXchange

19 Snapshots of Australia and New Zealand ~400 ~300 20,000 rooftops ~2,000 ~8, ~1,800 Ground based towers Axicom Broadcast Australia Other independent developers nbn Telstra Vodafone Optus Others: government agencies, local wireless operators and ISPs Source: TowerXchange < Australia: a new MNO and a new infraco create new opportunities < 5G tests on the way: innovation is a must! < New Zealand: towercos eyeing growth in rural and remote areas

20 Malaysia: multi-country and State-backed towercos 1,000 edotco 1,000 4,000 State-backed towercos < edotco and OCK both expanding 3,800 3, ,000 3,200 YTL Naza Communications OCK Omnix Inforient Unaccounted for Operators DiGi Maxis Telekom Malaysia Umobile Source: TowerXchange beyond home < Unique State-backed towercos < Could edotco play a consolidating role in Malaysia? < Opportunities beyond towers: fibre, small cells and more

21 Asia: a diverse conglomerate of tower ecosystems R R

22 Thank you and see you next year!...and don t forget to send us your feedback via the online survey! Diamond Sponsors: Silver Sponsors: Bronze Sponsors: R