Ghost Month: August 11 - September 6

Globe Telecom. Inc.

...ayos!  Tongue

Globe offers home broadband services to DMCI unit owners

GLOBE TELECOM, Inc. is partnering with DMCI Homes, Inc. to offer easy subscription to Globe At Home services exclusive to DMCI condominium owners.

In a statement on Wednesday, the telecommunications giant said residents at The Birchwood and Ivory Wood in Taguig City, Asteria Residences in Parañaque City and Lumiere Residences and Sheridan Towers in Pasig City may now apply for subscription to Globe’s services directly through DMCI Homes.

It noted that Internet connection has now become a basic necessity, hence fitting to be among the offers bundled with ownership of property.

“When you think about it, you want the basic necessities in life, such as water and electricity, ready when you move into your new home… The same thing is now the case with internet — it has become a utility that homeowners need,” Globe’s GTM & Business Development Director for Broadband Michelle Marie Fernandez-Castillo said in the statement.

DMCI Homes Assistant Vice President for Marketing, Customer Care and Corporate Planning Januel Mikel O. Venturanza echoed the same sentiment, saying “It’s important for owners nowadays to have an internet connection at home so we thought of making it available once they move into their units.”

In June, Globe announced it will roll out its fifth-generation (5G) Globe At Home service by second quarter of 2019, in partnership with Huawei Technologies Ltd. The 5G integration is expected to allow the company to render internet speeds from 50 megabits per second (Mbps) to 100 Mbps through Air Fiber technology.

The Ayala-led company posted a 27% rise in attributable net income during the first quarter at P4.7 billion on the back of higher earnings.


...ok, kaya pala anlaki ng up nito kahapon eh Tongue

Globe Telecom earnings rise in 1st half

GLOBE TELECOM, Inc. said its net income grew by 21% to P9.8 billion in the first half, on the back of higher revenues as a result of growing data consumption.

In a regulatory filing, Globe said its core net income, which excludes the impact of non-recurring charges, one-time gain, foreign exchange gains and mark-to-market charges, increased 25% to P10 billion.

“Sustained topline performance was due to the continued expansion of the 4G and LTE network, and the growing preference of customers towards content-rich offerings and multimedia applications that enrich the Filipino digital lifestyle,” Globe said in a statement.

For the first half, consolidated service revenues went up 9% to P68.3 billion, “mainly on the back of the robust growth of data across all segments, given the burgeoning data consumption among customers.”

Globe said mobile revenues rose 9% to hit P52.6 billion, mainly from Globe Prepaid and its mass market brand TM. Revenues of its home broadband and corporate data business also improved by 12% to P8.6 billion and 9% to P5.4 billion, respectively.

“This was boosted by the expansion of subscribers and continued high demand for various business solutions catering to the needs of corporate and enterprise clients. Including the impact of PFRS (Philippine Financial Reporting Standards) 15, total consolidated service revenues for the period stood at P67.3 billion,” the telco said.

For the period ending June 30, Globe’s mobile subscribers stood at 65.1 million, up 9% from 59.7 million subscribers last year as a result of efforts in attracting high-value subscribers for its prepaid brands.

Globe’s total home broadband subscriber base stood at 1.5 million as of end-June, 22% higher from a year ago.

However, fixed-line voice revenues dropped 17% to P1.51 billion during the first half.


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