Transcript Slide 1
Vienna Economic Forum Invest in Moldova February 20th-21st, 2008 Case of Orange Moldova Bruno Duthoit A few words about telecommunications environment in Moldova A regulatory environment close to European Union Agency for Regulation (NARTI) New Telecommunications Law (end 2007) A market very liberalized 4 actors in mobile domain (3 GSM, 1 CDMA) Diversified actors on Internet fixed market On traditional voice fixed domain, incumbent operator still prevailing Fast development Mobile penetration: from 32% in 2005 to 55% in 2007 Internet broadband: from 0.3% in 2005 to 5% in 2007 Fixed penetration, still growing: 31% in 2007 8-9% of GDP dedicated to telecommunications: a record in Europe ! Vienna Economic Forum, February 20th – 21st 2008 2 The Case of Orange Moldova (1/2) Company created in 1998 (15 years GSM license) France Telecom Group as the main shareholder Joined Orange international brand in April 2007 Major objectives Boost penetration of mobile in Moldova Boost usages (voice, data) among customers Introduce innovative services Moldovan mobile market is already at a very good European level Vienna Economic Forum, February 20th – 21st 2008 3 The Case of Orange Moldova (2/2) Some figures for 2007: 1.2 million clients (67% market share) +45% year on year 1.2 billion minutes +60% year on year 140 MUSD turnover +37% year on year 54 MUSD investment +160% year on year, 39% of turnover 450 people Orange Moldova met very favorable environment for its development Very high productivity of staff the best for France Telecom Group Fast growing market No obstacles for growth Very favorable tax system Vienna Economic Forum, February 20th – 21st 2008 4 Why Moldova is an attractive country for investment? (1/2) We can say that today Moldova is a big opportunity for investors The major assets of the country are Number 1 The workforce (education, flexibility) Number 2 A unique human and geographical cross road, between CIS and European Union Chisinau: the critical mass Number 3 Market will grow fast: huge reserve for GDP increase Number 4 General business environment: no problem without solution Number 5 Tax system: the best in Europe a clear message to investors Vienna Economic Forum, February 20th – 21st 2008 5 Why Moldova is an attractive country for investment? (2/2) In conclusion: dare to go to Moldova, you will not regret! Vienna Economic Forum, February 20th – 21st 2008 6