TNO 4Q18 Market Review (Trial)

Table Of Contents

1. Abstract
2. Analysis
3. Single-company drilldowns
4. Key stats through 4Q18
5. Operator rankings
6. Rev, capex and headcount
7. Deep dive cost analysis
8. Subs & traffic
9. Exchange rates
10. About (including methodology)

Figure & Charts

1) TNOs: Annualized revenue ($M) and YoY growth (%), 1Q14-4Q18
2) TNOs: Annualized capex ($M) and capital intensity (%), 4Q14-4Q18
3) Labor cost/revenue (%), 2018
4) Labor cost and labor cost per employee, 2018 YoY change (%)
5) Change in annualized operating margins (YoY percentage point difference 4Q13-4Q18)
6) Local currency value vs. US$ (QoQ change)
7) Top 20 share of the market, 4Q18
8) Top 20 TNOs by total capex, 4Q18
9) Top 20 TNOs by total revenue, 4Q18
10) TNOs: YoY growth in single quarter revenues
11) TNOs: Annualized capital intensity, 4Q11-4Q18
12) TNOs: Revenue and RPE, annualized 1Q14-4Q18
13) TNOs: Capex and capital intensity (annualized), 1Q14-4Q18
14) TNOs: Total headcount trends, 1Q11-4Q18
15) TNOs: Revenue and RPE trends, 2011-18
16) TNOs: Capex and capital intensity, 2011-18 ($ Mn)
17) TNOs: Capex and capital intensity, 4Q14-4Q18 ($ Mn)
18) TNOs: Revenue and RPE trends, 4Q14-4Q18
19) Top 41 TNOs by total opex, 4Q18
20) Top 41 TNOs by labor costs, 4Q18

Coverage

Visuals