Globe Telecom's Q1 revenue grows 4%, profit drops 13%

Friday 12 May 2017 | 17:12 CET | News
Philippines operator Globe Telecom reported service revenues of PHP 31.1 billion for the fist quarter of 2017, which represents a 4 percent increase year-on-year. Mobile revenues stood at PHP 23.8 billion in the quarter, up 3 percent year-on-year. TM, the company's mass-market brand, registered 7 percent revenue growth year-on-year, while Globe Prepaid revenues posted a 3 percent improvement from 2016.

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Categories: General
Companies: Globe Telecom
Countries: Philippines
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