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市場調查報告書

設備融資計劃對歐洲業者盈利的影響與終端輔助金的不足

Implications of Device Financing Plans and Lack of Handset Subsidies for Operator Profitability in Europe

出版商 GlobalData 商品編碼 473419
出版日期 內容資訊 英文 38 Pages
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設備融資計劃對歐洲業者盈利的影響與終端輔助金的不足 Implications of Device Financing Plans and Lack of Handset Subsidies for Operator Profitability in Europe
出版日期: 2017年03月04日 內容資訊: 英文 38 Pages
簡介

本報告提供歐洲的行動裝置市場相關調查分析,業者的終端融資焦點,業者的策略性推動因素和影響等系統性資訊。

第1章 市場形勢

  • 輔助金附著終端模式:業者採用的推動因素
  • 歐洲的附業者輔助金模式範例
  • 業者採用替代設備融資模式的理論根據
  • 歐洲的行動市場概要

第2章 案例研究

  • O2 My Handy (德國)
  • KPN EIP/租賃
  • O2 Refresh (英國)
  • Telenor 租賃 (保加利亞)
  • 美國的終端融資趨勢的摘要
  • Verizon 設備付款
  • AT&T Next
  • T-Mobile Jump!/Jump! On Demand
  • Sprint 租賃

第3章 主要調查結果與建議

附錄

目錄

Operator profitability in the mobile segment in Europe is under pressure, particularly in more mature markets where expensive handsets are often subsidized in order to drive growth in high ARPU postpaid segments. In retracting device subsidy offers, operators have the potential to ease this financial pressure and lower the cost per customer acquisition, as discussed in Section 1. Such strategic shifts can merit rewards but are never risk-free. Section 2 contains specific European case studies (Germany, Netherlands, the United Kingdom and Bulgaria) where other device financing models have been adopted, in addition to the four operators in the US, with particular focus on financial performance. Section 3 focuses on the key factors that operators must take into account when adopting such models (e.g., regulations or consumer purchasing power) before a summary of key findings and recommendations is provided.

This report, 'Implications of Device Financing Plans and Lack of Handset Subsidies for Operator Profitability in Europe', part of the GlobalData series of Telecom Insider Reports for Europe, examines in detail the dynamics of the mobile devices market in terms of operator handset financing. Specifically, it includes analysis of strategic drivers and implications for operators that have moved away from the widely adopted handset subsidization model, instead looking to alternative methods such as equipment installment plans (EIPs) and leasing.

T-Mobile pioneered the EIP in the US telecom market via its Jump! Plan in 2013, as part of its 'Un-carrier' strategy to simplify and disrupt the consumer market. Since then, competitors AT&T, Verizon and Sprint have followed suit and now offer non-subsidized device financing plans. This report assesses the potential for similar levels of adoption in European markets.

Scope

  • Subsidized handsets and lengthy contracts have been a common offering from many operators to support mobile subscriptions growth.
  • Pressures on operator profitability in the mobile market may prompt European operators to adopt alternate, non-subsidized device financing models, if they haven't already.
  • If executed well, withdrawal of handset subsidies and adoption of new financing models can have a positive impact on operator profitability, while offering consumers greater transparency and flexibility.
  • Strategic shifts concerning handset financing can have a negative impact on telcos if conditions are not right, as various case studies show.
  • Constraints on SIM-locking, MNP and contract duration limits are factors for operators to consider when determining successful handset financing strategies.

Reasons to buy

  • This report examines the dynamics of the mobile devices market in Europe in terms of operator handset financing, providing stakeholders with an in depth view of the market and competitive landscape. Detailed analysis of diverse handset financing models (eg. subsidization, equipment instalment plans and leasing) and the implications for operators that have moved away from the widely adopted handset subsidization model, is invaluable when planning and aligning product offerings moving forwards. This report discusses the recent strategic move to non-subsidized financing plans in the USA and assesses the potential for similar levels of adoption in European markets.
  • Helps executives build proactive, profitable growth strategies by offering comprehensive and relevant analysis of handset financing strategies in the European region, regulatory framework, competitive environment and operator best practises.
  • The case studies, which give detailed analysis of the effects that alternative handset financing strategies have had on reported operator financial performance, focus on key European markets (Germany, Netherlands, UK, and Bulgaria) as well as the USA and can be beneficial to both local players and prospective market entrants.
  • By understanding the interests and positions of key operators in the smartphones market, telecom professionals/operators can develop strategies and increase their market participation.

Table of Contents

  • Introduction

Section 1: Market Landscape

  • The subsidized handset model - drivers for operator adoption
  • Examples of operator handset subsidy models in Europe
  • Rationale for operators adopting alternative device financing models
  • Europe mobile market overview

Section 2: Case Studies

  • O2 My Handy (Germany)
  • KPN EIPs / Leasing
  • O2 Refresh (United Kingdom)
  • Telenor Lease (Bulgaria)
  • Synopsis of handset financing dynamics in the United States
  • Verizon Device Payments
  • AT&T Next
  • T-Mobile Jump! / Jump! On Demand
  • Sprint Lease

Section 3: Key Findings & Recommendations

  • Key considerations for operators when determining handset financing strategy
  • Overview of handset financing model types
  • Summary of key findings and recommendations

Appendix

  • About the authors
  • Contact information

List of Tables

  • Exhibit 1: The optimum time for operators to employ handset subsidy models
  • Exhibit 2: T-Mobile Poland iPhone 7 (32GB) postpaid pricing
  • Exhibit 3: Orange France iPhone 7 (32GB) postpaid pricing
  • Exhibit 4: Carphone Warehouse UK prepaid/SIM-free pricing
  • Exhibit 5: Year-on-year smartphone sales growth (%)
  • Exhibit 6: WE mobile revenue mix (%)
  • Exhibit 7: Postpaid penetration of total subs (%)
  • Exhibit 8: O2 My Handy EIP with no mobile service plan
  • Exhibit 9: O2 My handy handset/airtime bundle
  • Exhibit 10: O2 Germany total revenue year-on-year growth (%)
  • Exhibit 11: O2 Germany total OIBDA margin (%) trends
  • Exhibit 12: Subscriptions Penetration of population in German market (%)
  • Exhibit 13: KPN EIP with KPN Complete
  • Exhibit 14: KPN consumer mobile revenue year-onyear growth (%)
  • Exhibit 15: KPN consumer mobile EBITDA margin (%)
  • Exhibit 16: Operator mobile subscriptions share, Netherlands (%)
  • Exhibit 17: O2 Refresh decouples the handset and airtime plans
  • Exhibit 18: O2 Refresh as part of O2's 'Be More Dog' marketing campaign
  • Exhibit 19: O2 UK mobile revenue by contributing factor (€bn)
  • Exhibit 20: O2 UK mobile revenue year-on-year growth (%)
  • Exhibit 21: Operator mobile subscriptions share, UK (%)
  • Exhibit 22: Mobile Data User Penetration of POP
  • Exhibit 23: Telenor Bulgaria device financing
  • Exhibit 24: Telenor Bulgaria total* revenue (NOK bn)
  • Exhibit 25: Telenor Bulgaria total EBITDA margin (%)
  • Exhibit 26: Operator mobile subscriptions share, Bulgaria
  • Exhibit 27: Vivacom Bulgaria smartphone FinancingExhibit 28: Verizon Wireless revenue year-on-year growth (%)
  • Exhibit 29: Verizon Wireless EBITDA margins (%)
  • Exhibit 30: AT&T Mobility operating revenue mix
  • Exhibit 31: AT&T Mobility operating revenue growth
  • Exhibit 32: T-Mobile operating metrics ($bn)
  • Exhibit 33: T-Mobile revenue growth trends (%)
  • Exhibit 34: Sprint mobile churn trends*
  • Exhibit 35: Sprint mobile postpaid sales by plan*
  • Exhibit 36: Slovakia mobile operator market sharedynamics (%)
  • Exhibit 37: Spain mobile operator market shares dynamics (%)

List of Figures

  • Exhibit 1: The optimum time for operators to employ handset subsidy models
  • Exhibit 2: T-Mobile Poland iPhone 7 (32GB) postpaid pricing
  • Exhibit 3: Orange France iPhone 7 (32GB) postpaid pricing
  • Exhibit 4: Carphone Warehouse UK prepaid/SIM-free pricing
  • Exhibit 5: Year-on-year smartphone sales growth (%)
  • Exhibit 6: WE mobile revenue mix (%)
  • Exhibit 7: Postpaid penetration of total subs (%)
  • Exhibit 8: O2 My Handy EIP with no mobile service plan
  • Exhibit 9: O2 My handy handset/airtime bundle
  • Exhibit 10: O2 Germany total revenue year-on-year growth (%)
  • Exhibit 11: O2 Germany total OIBDA margin (%) trends
  • Exhibit 12: Subscriptions Penetration of population in German market (%)
  • Exhibit 13: KPN EIP with KPN Complete
  • Exhibit 14: KPN consumer mobile revenue year-onyear growth (%)
  • Exhibit 15: KPN consumer mobile EBITDA margin (%)
  • Exhibit 16: Operator mobile subscriptions share, Netherlands (%)
  • Exhibit 17: O2 Refresh decouples the handset and airtime plans
  • Exhibit 18: O2 Refresh as part of O2's 'Be More Dog' marketing campaign
  • Exhibit 19: O2 UK mobile revenue by contributing factor (€bn)
  • Exhibit 20: O2 UK mobile revenue year-on-year growth (%)
  • Exhibit 21: Operator mobile subscriptions share, UK (%)
  • Exhibit 22: Mobile Data User Penetration of POP
  • Exhibit 23: Telenor Bulgaria device financing
  • Exhibit 24: Telenor Bulgaria total* revenue (NOK bn)
  • Exhibit 25: Telenor Bulgaria total EBITDA margin (%)
  • Exhibit 26: Operator mobile subscriptions share, Bulgaria
  • Exhibit 27: Vivacom Bulgaria smartphone FinancingExhibit 28: Verizon Wireless revenue year-on-year growth (%)
  • Exhibit 29: Verizon Wireless EBITDA margins (%)
  • Exhibit 30: AT&T Mobility operating revenue mix
  • Exhibit 31: AT&T Mobility operating revenue growth
  • Exhibit 32: T-Mobile operating metrics ($bn)
  • Exhibit 33: T-Mobile revenue growth trends (%)
  • Exhibit 34: Sprint mobile churn trends*
  • Exhibit 35: Sprint mobile postpaid sales by plan*
  • Exhibit 36: Slovakia mobile operator market sharedynamics (%)
  • Exhibit 37: Spain mobile operator market shares dynamics (%)
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