Connect with us

Hi, what are you looking for?

HEADLINES

Globe breaks record with P21.7B mobile data revenues in Q1 2023

The achievement was largely driven by increasing mobile data habituation levels among its subscriber base, with mobile data now accounting for 80% of mobile revenues, up from 78% a year earlier.

Globe posted a record high P21.7 billion in mobile data revenues for the first three months of the year, a 4% increase from the P20.8 billion posted in 2022. Mobile data traffic also soared to 1,352 petabytes, surpassing the 1,058 petabytes reported in the preceding year.

The achievement was largely driven by increasing mobile data habituation levels among its subscriber base, with mobile data now accounting for 80% of mobile revenues, up from 78% a year earlier. On the other hand, traditional mobile voice and SMS revenues ended at P3.4 billion and P2 billion, lower year-on-year by 12% and 7%, respectively.

“Mobile data services sustained its growth momentum, and we are pleased to report that our deliberate monetization efforts and base management initiatives continued to bear fruit,” said Darius Delgado, Head of Globe Consumer Mobile Business.

To ensure that its customers experience a #1stWorldNetwork, Globe continues to invest significantly in its infrastructure. In the first three months of 2023, Globe’s capital expenditures amounted to P17.6 billion. The bulk of this amount, or 90%, was allotted for data requirements as a testament to its commitment to providing quality services to its customers.

Advertisement. Scroll to continue reading.

“Our investments in this space have been vital to our continued growth and success in providing the best possible services to our customers. We are committed to enabling the digital lives of Filipinos by giving them access to vital services such as quality health care, education, financial services, and  livelihood opportunities,” said Rebecca Eclipse, Globe Chief Customer Experience Officer and Head of Strategy Management.

In the first quarter of 2023, Globe built 220 new cell sites and upgraded over 3,000 mobile sites to LTE, which remains to be the primary technology to deliver mobile data services. These efforts allow Globe to keep pace with the people’s dynamic and evolving connectivity needs.

Advertisement
Advertisement
Advertisement

Like Us On Facebook

You May Also Like

HEADLINES

By expanding its cost optimization services to GCP, following AWS and Microsoft Azure, CloudSpend now covers the three largest public cloud computing platforms worldwide...

HEADLINES

DITO Telecommunity launched a new campaign, DITO SA PUSO KO, featuring celebrities Dingdong Dantes and Marian Rivera of the film “Rewind”.

HEADLINES

In partnership with smartphone brand, realme, TechLife brought together the TechLife x realme Summer Hideout experience filled with music, entertainment, and various perks.

HEADLINES

NPN is a global program for technology partners who offer solutions built on or powered by NVIDIA technologies.

White Papers

The report underpinned the growing importance of disclosing how brands use customer data to deliver AI-powered experiences. It also raised a warning about the...

HEADLINES

This new service enhances operations with a suite of capabilities spanning across tools, large language models (LLMs), streamlined processes, and robust governance, and lays...

HEADLINES

Huawei OceanStor Storage was reviewed by 414 customers as of 27 February 2024 from various regions covering industries from a wide range of economic...

HEADLINES

"Huawei is pleased to have reached this agreement with vivo through amicable negotiation," said Alan Fan, Head of Huawei's Intellectual Property Department.

Advertisement