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

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Categories: General
Companies: Globe Telecom
Countries: Philippines
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