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This Mobile Forecast on Argentina Provides over 65 Operational and Financial Metrics for the Argentina Wireless Market

Business Wire, May 13, 2008

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c91647) has announced the addition of the new IE Market Research Corp. report "2Q08 Argentina Mobile Forecast, 2008 - 2010: Telecom Argentina will continue to see churn rates 30% - 70% higher than competitors Movistar and CTI in the Argentina mobile market" to their offering.

This Mobile Forecast on Argentina provides over 65 operational and financial metrics for the Argentina wireless market. The report covers quarterly historical data starting in 4Q2003 and ending in 4Q2007. The report also provides four-year forecasts at the operator level going out to 2010. Operators covered for Argentina include: Telecom Argentina (TI), Movistar Argentina (TEF), Movicom (BLS), CTI (AMX), and Nextel. The reports' Mobile Forecasts are updated quarterly and are available for one-time delivery or through regular updates.

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Notable highlights of the 2Q08 Argentina Mobile Forecast include:

- Total subscribers in Argentina will increase from 41.5 million in 2008 to 44.2 million in 2010.

- The two largest operators - Movistar Argentina (TEF) and CTI (AMX) - will continue to have very similar market shares (by subscribers). The authors are forecasting that the market share of Movistar will decrease from a projected 35.0% in 2008 to 34.6% in 2010 while we expect CTI's market share to increase slightly to 35.3% in 2010.

- Telecom Argentina will continue to suffer from the highest churn rate in the country at 2.8% monthly churn rate from 2008 to 2010. The authors note that these levels of churn are 1.7x and 1.3x churn rates at Movistar and CTI, respectively.

- The authors are forecasting that Movistar Argentina will have the lowest EBITDA margin of 34.4% in 2010 in Argentina. On the other hand, Telecom Argentina, CTI, and Nextel will enjoy higher EBITDA margins at around 35% - 40% in 2010.

- As in the authors previous forecasts, the authors think that in 2010 Nextel, which will provide services to 2.6% of total subscribers, will receive the highest ARPU of $47.88 per month. The authors note that this is 3.3x higher than the closest competitor (Telecom Argentina).

Companies Covered in this Country Mobile Forecast

Telecom Argentina (TI)

Movistar Argentina (TEF)

CTI (AMX)

Nextel

Charts 1-68 Results & Forecasts for: CY04-CY10

Charts 69-136 Quarterly Results for: Dec 04 - Dec 07

(**some charts only available for Telecom Argentina (TI) and/or Movistar Argentina (TEF) and/or CTI (AMX)**)

For more information visit http://www.researchandmarkets.com/reports/c91647

Business Services Industry

This Mobile Forecast on Argentina Provides over 65 Operational and Financial Metrics for the Argentina Wireless Market

Business Wire, May 13, 2008

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