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1&1:Quarterly Results/2023 Q2: Difference between revisions
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== Earnings Call == | == Earnings Call == | ||
Our summary of the earnings call can be found in our [https://www.mindmeister.com/app/map/2885954537?t=VIf3zrYRPl MindMap]. | Our summary of the earnings call can be found in our [https://www.mindmeister.com/app/map/2885954537?t=VIf3zrYRPl MindMap]. | ||
=== Revenue, Access Contracts === | |||
* Have witnessed a decrease in the number of broadband lines for a number of quarters but '''they are confident that they can stop the decrease in the fourth quarter due to the fact that their old ADSL customers, where cancellation rate is high, can be migrated to the VDSL, which they can handle very well'''(MR). | |||
* Forecast revenue to increase by 4% in the second half of the year, bringing service revenue growth to 2.2% in the full year(MR). | |||
=== 5G Mobile Network === | |||
* Don't use any Chinese products, they only use products from Western producers or Far East(MR). | |||
* Currently have two out of four core data centres and 22 out of 24 decentralized edge data centres(MR). | |||
* 74 out of approximately 550 far-edge regional data centres are in place(MR). | |||
* '''They now have 193 antenna cites, of which 40 are in operational(i.e connected to fibre optic network)'''(MR). | |||
* National roaming with Telefonica is now in test phase with over 300 external customers(MR). | |||
* Was successful in court against Deutsche Telecom; hence they can still say they are "building the most advanced 5G network in Europe" (MR). | |||
* Wants the network to cost as much as they are transfering to Telefonica and as far as they can tell, this will work out(MR). | |||
* Network operation costs(excluding antenna sites) will be finance by savings on voice and international roaming(MR). | |||
* Antenna sites operation costs will be financed by savings on national roaming(MR). | |||
* Spectrum costs will be financed by new business areas such as FWA, B2B tariffs(MR). | |||
* '''Will take over 300 co-location sites this quarter and will make leases for another 200'''(MR). | |||
* Plan to have 1,000 sites by the end of the year(MR). | |||
* It takes a long time before fibre cable is in place until the antenna site has been placed(MR). | |||
* Want to achieve 3,000 sites next year(MR). | |||
=== National Roaming Agreement With Vodafone === | |||
* Contract implies a capacity model(percentage of Vodafone network) and not a price per gigabyte(MR). | |||
* '''Capacity is being extended every year''' eg " if the network has a capacity of 100,000 gigabytes today then would be 1% equivalent. So if it has a growth rate of 30%, it would mean 1,300 gigabyte next year and so on " '''but price will remain the same'''(MR). | |||
* Every few years the cost of Vodafone network will be analysed. If it has become 10% more expensive, they will pay 10% more(MR). | |||
* The costs that they pay Vodafone is about the same costs they pay Telefonica but it's a better contract because there are no hidden costs and limitations. The new agreement will also be devoid of arbitrations and legal costs(MR). | |||
* They need federal network agency approval for the MVNO model to work during the transition period(MR). | |||
* '''Conditions for frequency allocation provides that transition can be MVNO if they are based on different technologies'''(MR). | |||
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== Management Guidance and Analysts Expectations == | == Management Guidance and Analysts Expectations == | ||