Analysis of the conditions for profitability, in view of market development forecasts Key economic factors for operators - analysis of the financial state of a selection of operators: US, France, the UK, Northern Europe - key operating factors: TO and ARPU, operating costs, balance sheet, investments and financing - utility and pay-TV: two operating structures - lessons to be drawn from and limits of international comparisons Conditions for cable’s profitability - maximising or increasing subscriber bases - new services, broadband internet access: prospective TO, associated costs, operating economies - evolution of programming costs: channels’ advertising revenues, TV licences - impact of consolidation: economies of scale, cost effectiveness Is it possible to be profitable?- Cable’s economic efficiency compared to its competitors’: TV (Cable, Satellite, DTT), Internet (Cable, ADSL) - What penetration rate will allow new services to break even? - How many operators? Conclusion: possible scenarios for the future;Presentation
• Which strategies should cable operators adopt in the face of an uncertain market?- tough financial conditions, especially in Europe - increasingly fierce competition between satellite, DTT and ADSL
• What are the key factors in terms of profitability?- increasing ARPU: a top priority - the profitability of new services: digital TV, VOD and broadband Internet - can programming costs be cut ? - the impact on operators’ economies
• What are the possible scenarios for restructuring networks? - necessary improvements to operating conditions - clustering strategies - financial restructuring
• In-depth economic analysis, a real decision-making tool
• Key operating data (ARPU, Churn etc.) and reference data by country
• A profitability analysis based on an exclusive model developed by IDATE, taking into account the determining factors in cable operators’ results.