Research and Markets: 1Q10 Chile Mobile Operator Forecast, 2009 - 2014: Chile will have 21.7 Million Mobile Subscribers in 2014

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/6eceae/1q10_chile_mobile) has announced the addition of IE Market Research Corp.'s new report "1Q10 Chile Mobile Operator Forecast, 2009 - 2014: Chile will have 21.7 Million Mobile Subscribers in 2014 with Market Share of Movistar Chile Increasing to 43.6%" to their offering.

“1Q10 Chile Mobile Operator Forecast, 2009 - 2014: Chile will have 21.7 Million Mobile Subscribers in 2014 with Market Share of Movistar Chile Increasing to 43.6%”

Mobile Operator Forecast on Chile provides over 50 operational and financial metrics for the Chilean wireless market and is one of the best forecasts in the industry. We provide five-year forecasts at the operator level going out to 2014. We also provide quarterly historical and forecast data starting in 1Q2003 and ending in 3Q2011. Operators covered for Chile include: Movistar Chile (Telefonica S.A.), Empresa Nacional de Telecomunicaciones SA (Entel), and Claro S.A. (America Movil S.A.B. DE C.V.). Our Mobile Operator Forecasts are updated quarterly and are available for one-time delivery or through regular updates.

Global Mobile Operator Forecast covers 50 operational metrics of 200+ mobile operators in 50+ countries, making up 80% of the worlds population. Our forecasts are based on our proprietary, country-specific forecasting models. These models deploy multiple regression analysis and cross-impact matrices that estimate relationships between subscriber data, technology use and deployment data, overall economic and demographic changes expected in a particular country; and relate these to company operational and financial metrics.

Executive Summary:

Positive subscriber growth continues across operators in Chile's wireless market +8.8% industry average subscriber growth in 3Q.2009

ARPU growth was negative across operators in the latest quarter -12.2% operator-wide average ARPU growth in 3Q.2009

Minutes of Use per Subscriber are increasing in Chile +6.5% industry average MOU/Sub growth in 3Q.2009

Strong EBITDA growth at Movistar Chile in the latest quarter Industry average EBITDA growth of +5.4% in 3Q.2009

So what is IEMRs Forecast?

Total wireless subscribers in Chile to reach 21.7 million in 2014

• We forecast that the number of total mobile subscriber accounts in Chile will increase from 17 million in 2009 to 21.7 million in 2014.
• Movistar Chile will continue to be the largest mobile operator in Chile. We expect that Movistar's subscriber base will increase from 7.25 million in 2009 to 9.48 million in 2014.
• Also, we forecast that Entel will have 6.95 million subscribers and Claro will have 5.33 million mobile subscribers by the end of 2014.

Claro's subscriber market share will be increasing over the next five years

• Given its strong subscriber growth, our model forecasts that Claro's subscriber market share will be increasing from 20% in 2009 to 24.5% in 2014.
• We expect that Movistar Chile's market share will also increase from 42.6% in 2009 to 43.6% in 2014.
• On the other hand, we expect that Entel will see its subscriber market share drop from 37% in 2009 to 32% in 2014.

Stable ARPUs at Movistar and Claro from 2010 to 2014

• Our forecasting model does not predict significant ARPU declines over the next several years. We expect that Movistar Chile's monthly ARPU level will be maintained at approximately CLP 8,300 from 2010 to 2014.
• We also expect that Entel's monthly ARPU level will decline from approximately CLP 9,400 in 2009 to CLP 8,300 in 2014.
• Claro will continue to set its ARPU level lower than those of its competitors. We forecast that Claro's monthly ARPU will remain at approximately CLP 5,600 over the next several years.

Movistar will be enjoying higher EBITDA margins than Movistar and Claro

• Our model predicts that the industry average EBITDA margin (calculated as EBITDA/reported revenue) will be in the range of 35% - 37% over the forecast period, 2010 - 2014.
• We expect that Movistar's EBITDA margins will remain higher than those of Entel and Claro. According to our forecasting model, EBITDA margins at Movistar Chile, Entel, and Claro will be 42.3%, 40.6% and 12.2% respectively in 2014.

Companies Covered in this Country Mobile Operator Forecast

• Movistar Chile (Telefonica S.A.)
• Empresa Nacional de Telecomunicaciones SA (Entel)
• Claro S.A. (America Movil S.A.B. DE C.V.)

Annual Results & Forecasts for each of the above operators is covered in this report for: CY 2001-CY 2014. Quarterly Results & Forecasts are covered for: March 2003 - September 2011

For more information visit http://www.researchandmarkets.com/research/6eceae/1q10_chile_mobile