South Korea s three mobile operators - SK Telecom, KT and LG Uplus - have released their latest operational data for the quarter ended March ----. This has enabled BMI to review and update, where appropriate, forecasts for all sectors in this report. ...Furthermore, mobile virtual network operators are on track to be introduced in H---, and we expect their entry to help lower tariff rates and capture niche and untapped markets. The Korea Communications Commission (KCC) has recognised the potential of near field communications and has roped in stakeholders - mobile operators, handset equipment manufacturers, financial institutions, billing service providers and government organisations - to form the Grand NFC Korea Alliance. We believe that this move to bring rivals onboard is largely to eliminate the issue of different technological standards that are not compatible, and to ensure the entire industry moves in the same direction while the market is still in its infancy. ...Meanwhile, we see disinflation taking hold in South Korea as headline consumer price inflation (CPI) eased to -.- y-o-y in May from -.- in April, the second straight month of deceleration. We expect inflationary pressures easing gradually in the coming months, which should translate to the KCC allaying pressure on South Korean mobile operators to reduce tariff rates.
Euromonitor International provides global strategic intelligence on industries, countries and consumers. Euromonitor publishes reports on over 180 sectors across 80 countries, using a network of over 600 analysts.
This quantitative analysis provides a fascinating glimpse into auditor tenure and financial officer turnover since the financial crisis of 2008. Over 18 pages of charts and tables measure the impact on the Russell 3000.
Sovereign Default and Recovery Rates, 1983-2012: Moodyâ??s Investors Service. OverviewMoody’s Investors Service recently released their ninth annual report detailing and exploring sovereign bond issuer’s default and rating experiences and history from 1983 through 2012. Conclusions include that sovereign default rates have been modestly lower than those for corporate issuers, and that Moody’s sovereign ratings have been as powerful as corporate ratings in differentiating defaulters from non-defaulters.
Broadly speaking, this report elucidates trends in credit quality, historical sovereign defaults, sovereign cumulative default rates, recovery rates of defaulted sovereign issuers, rating performance measures, and more. Moody's also discusses the losses that investors incurred this year from country defaults, (i.e. a 70% loss from a EUR197 billion debt exchange that occurred this year in Greece) and circumstances surrounding individual sovereign bond defaults from 1998 to present.
Moody’s comprehensive report is around 60 pages long, contains 24,800 words, twelve exhibits, four appendixes, and complete credit ratings on 119 countries; the related Excel spreadsheet supplies all of the information listed above in a editable, usable format. These two reports are a valuable tool for everyone from the first time analyst to the industry expert.
Purchase Moody’s report here.
Purchase the accompanying Excel spreadsheet here.