Competitor Insight #18.2007: Empresa Nacional de Telecomunicaciones (Entel Chile)

Publication Date	May 2007
Publisher	IE Market Research
Product Type	Report
Pages	19
ISBN Number	not applicable
Product Code	IEM00088

Price

£100.00
approximately: $149 | €118

PDF immediate delivery

PRINT £100 ($149 | €118)

Order above formats by FAX

Summary

This market research report on Empresa Nacional de Telecomunicaciones (Entel Chile) provides a comprehensive analysis of Entel's strategies, operational and financial metrics. The report covers the key strategic issues facing Entel and provides forecasts on its operations, notably we analyze the prospects of Entel's business model in the context of a rapidly changing Chilean telecom sector. We also devote extensive coverage to Entel's financial performance and forecasts, highlighting 1Q07 results.

Content

Strategic Outlook:
- Increased Competition in Chile's Mobile Space
- Wireless Technology Migrations and Deep-Pocketed Competitors
- mean long-term risks for Entel
- M&A risks/opportunities: Current owners are sellers
- Increase in fixed-line competition over 2006
- Entel becoming more dependent on wireless telephony
  - Missed residential broadband opportunity
  - WiMax yet to be proven in Corporate market
Operational Summary & Forecasts:
- Company snapshot
- Quality fixed-line network
- Solid management team with local insights
- Improved cost structure
- Manageable capex
- Ownership of Entel
- Regulatory environment is net positive for Entel
Financial Summary & Forecasts:
- Surprising net additions and ARPU's in 1Q07
- 1Q07 slightly weaker
- Entel will prevail over Smartcom and Movistar in the Short Term
- EPS lower than expected on higher depreciation
- Strong balance sheet
- Stock appears fully valued
- Relatively high dividend yields
List of Figures:
- Figure 1: Entel ownership structure
List of Tables:
- Table 1: Chilean mobile company comparison (1Q07)
- Table 2: Mobile spectrum licenses
- Table 3: Tariff Regulation
- Table 4: Entel 1Q07 results
- Table 5: Entel Chile financial summary
- Table A1: Key Income Statement Data (Dec)