Question 1

How are the major Australian carriers managing their margins in the current environment?

Accepted Answer

Incumbents continue to face EBITDA margin pressure, evidenced by Telstra’s 5.0% decline to AU$7.3b in FY22. However, this represents a relative improvement over FY21 as the market begins to stabilize following the peak of NBN migration costs.

Question 2

Where is the growth coming from if the primary incumbents are struggling?

Accepted Answer

Growth is concentrated in agile challengers and infrastructure providers; Aussie Broadband grew revenue by 56% to AU$547m by capturing NBN market share. NBN Co itself saw a 130% EBITDA surge to AU$3.1b, successfully extracting value as the network reaches its final migration stages.

Question 3

What is the outlook for the New Zealand market over the next few years?

Accepted Answer

The New Zealand retail market is projected to grow at a 0.9% CAGR through 2026, supported by 5G adoption and a recovery in mobile roaming. While roaming revenue was 86% lower in 2021 than in 2019, the easing of travel restrictions provides a clear path for ARPU expansion.

Question 4

Which emerging technologies are showing the most commercial promise in the region?

Accepted Answer

The Internet of Things (IoT) has moved beyond the pilot phase into a scalable revenue driver. Spark demonstrated this by increasing its IoT connections by 74.8% to reach 832k in FY22, signaling a shift toward high-volume digital infrastructure services.

Telco Roundup of August 2022

Abstract

Key Takeaways

Frequently Asked Questions

Abstract

Key Takeaways

Frequently Asked Questions

Unlock the full report

Free

Lite

Team