0
General

Globe Telecom's Q1 profit jumps 44% on 24% EBITDA growth

Tuesday 7 May 2019 | 09:55 CET | News
Philippines operator Globe Telecom has announced it has spent around PHP 8.8 billion in capital expenditures in the first quarter of 2019, which represents 24 percent of its topline revenues. Nearly 68 percent of the total expenditures for this period was for data-related services, the company also said. Globe ended the first three months of 2019 with service revenues of PHP 36 billion, up 13 percent from a year ago and 3 percent higher from the prior quarter, boosted by increasing data usage across all data-related services and products.Globe ended the first three months of 2019 with a total

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Globe Telecom
Countries: Philippines
::: add a comment
This article is part of dossier

LTE


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Globe cuts price of Home Prepaid WiFi service

Published 05 Sep 2019 10:28 CET | Philippines
Philippines operator Globe has launched a promotion for its Globe At Home Prepaid WiFi service users. Under this campaign, until ...

Globe partners with ip.access to enhance network connectivity inside homes, small businesses

Published 25 Jul 2019 13:10 CET | Philippines
Filipino MNO Globe selected UK-based telecommunications equipment firm, ip.access, to implement a nationwide femtocell deployment ...

Philippines to deploy 50,000 cell sites worth USD 4.4 bln

Published 31 May 2019 10:09 CET | Philippines
The first 2,500 cell sites to be deployed cover more than 650 areas where incumbent operators had planned to expand their ...

Globe Telecom sees Q1 mobile data traffic double

Published 28 May 2019 10:54 CET | Philippines
Boosted by increasing data usage, Globe Telecom's service revenues for the first quarter of 2019 reached PHP 36 billion, up 13 ...

Globe Telecom expands GoWiFi coverage to over 2,000 sites

Published 30 Apr 2019 08:26 CET | Philippines
Filipino operator Globe Telecom expanded its GoWiFi services to more sites around the country. As of March, GoWiFi is now ...

Globe's mobile data traffic jumps 59% boosted by video streaming services

Published 08 Mar 2019 07:14 CET | Philippines
Globe Telecom saw its mobile data traffic increase by 59 percent to 956 petabytes in 2018 from 600 petabytes in 2017. Traffic was ...

Globe calls for increased ICT infra deployment collaboration between public, private sectors

Published 29 Jan 2019 13:42 CET | Philippines
Globe Telecom is calling for increased collaboration between the public and private sectors in addressing the ICT infrastructure ...

Globe Telecom's LTE network nears 95% nationwide coverage

Published 31 Oct 2018 10:56 CET | Philippines
Philippines operator Globe Telecom has announced that it is on course of deploying LTE service to 95 percent of cities and ...