A recent ITU report described the Asia Pacific region as "the epicentre of
the telecoms world". While oversupply and economic recession has brought the
previously rapid worldwide development of submarine cable systems practically to
a halt, the Asia Pacific region offers some current opportunities and the
prospect of significant future growth. However, the private investors who
spearheaded the latest boom in undersea construction have retreated to lick
their wounds after failing to generate sufficient cash flow to keep up with
payments on the enormous debt burden required to finance such projects.
So what will the Asia Pacific market look like in the future? Which countries
will be the drivers of demand? When will system upgrades take place and where
will the next major system be installed? Who will be the major players and what
business models will they adopt in order to provide the submarine capacity which
the region will clearly require?
This 200-page Report begins with case studies and detailed financial analysis of
why so many cable ventures have failed recently, leading to a discussion of
possible future business models for constructing and operating submarine cable
systems.
Using an improved methodology which enhances forecasts while maintaining
continuity with previous Pioneer submarine reports, the report then focuses on
36 countries in the Asia Pacific and Transpacific markets and analyses how the
submarine capacity supply-demand balance in each country is likely to change
over the next 10 years.
The Report goes on to quantitatively assess the level of carrier competition in
the Asia Pacific and Transpacific markets today, estimate market shares, and
forecast system upgrades or new cable installations.
For anyone involved in the Asia Pacific ultra-long haul telecom business, this
report is a must. For the first time, a comprehensive analysis and explanation
of the recent failures in the industry provides a route map to new business
models. Pioneer has also taken its proven demand methodology to new levels by
providing easy-to-use country profiles with detailed forecasts of multiple
parameters. A new more sophisticated version of Pioneer's carrier
competitivity analysis is also included, providing the reader with a clear
understanding of the market leaders, their market shares, and their forecast
requirements for new capacity. All together, this Report represents Pioneer's
vision of the future for the region and clarifies where the opportunities lie
for carriers, system suppliers, and marine contractors alike.