registration document France Telecom 2009 - Orange.com

overview of the Group’s Business
6
OVERVIEW OF BUSINESS
Moldova
Moldova
The Telecom Services Market
Z KEY MACROECONOMIC INDICATORS 2009e 2008 2007
Population (in millions) 3.6 3.6 3.6
GDP growth (%) -9.0% +7.2% +3.0%
Per-capita GDP (PPP, $) 2,766 2,984 2,719
Source: IMF, October 2009
Z TELECOM SERVICES REVENUES (IN BILLIONS OF LEI)
- 0.7%
Z NUMBER OF CUSTOMERS (IN MILLIONS)
+ 14.9%
0.2
0.2
2.2
5.41 5.45
0.2
0.3
1.9
+ 2.2%
1.1 1.1
31 32
+ 30.1%
0.2 0.2
4 6
2.4
2.8
68 78
2.9
3.0
2008 2009
Data transfer
Fixed Internet
Fixed telephony
Mobile telephony
XX
2008 2009 2008 2009 2008 2009
Fixed telephony Fixed Internet Mobile telephony
Penetration (as % of population)
Growth rate 2008-2009
Source: National telecommunications regulatory authority (ANRCETI), March 2010
6
Growth rate 2008-2009
Source: Telecommunications regulatory authority (ANRCETI), March 2010
The value of Moldova’s telecommunications market remained
stable in 2009 due to a pronounced decline in fi xed-line
telephony, which only partially outweighed growth in the mobile
and Internet segments. The mobile market accounted for
57.5% of the total market, an increase of 4.4 points, while fi xedline
telephony accounted for 32.8%, a decline of 4.4 points, and
Internet activity moved up to 9.7%, 3 points more than in 2008.
Unite, Moldtelecom’s mobile subsidiary, now aims to become a
major player in Moldova’s mobile market, by following a massive
investment policy on the roll-out of a 3G network, in accordance
with the obligations attached to the license it acquired in early
2009. Like fi xed-line telephony, mobile telephony is expected
to decline in 2010, due to a decrease in the volume of new
customer acquisitions, less elasticity in usage and regulatory
effects.
The Internet market remains the main driver of growth for
telecommunications operators. It grew by 63% in value in
2009, driven mainly by Moldtelecom’s ADSL offer and Orange
Moldova’s mobile broadband offer (Internet Acum). The price
war intensifi ed between Starnet and Moldtelecom in the fi xedline
segment (xDSL and FT Tx). Moldtelecom continued to
develop its fi ber network in Chisinau, and has started to migrate
its network to NSN/MSAN technology.
The Competitive Environment
Z MOBILE MARKET SHARE
0.1%
2.9%
29.5%
67.5%
0.8%
4.0%
28.0%
67.1%
0.4%
3.6%
30.4%
65.6%
2007 2008 2009
Eventis
Unite
Moldcell
Orange
Source: National telecommunications regulatory authority (ANRCETI), March 2010
Regulatory Environment
Regulatory Framework and Authorities
The telecommunication regulatory framework in Moldova is
governed by the electronic communications Act of November
15, 2007.
The regulatory Agency for electronic communications and
information technology (ANRCETI) is responsible for the
regulation of telecommunications sector.
The National Agency for protection of competition created in
2007 is in charge of the protection and promotion of competition.
2009 REGISTRATION DOCUMENT / FRANCE TELECOM
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