{"id":51037,"date":"2022-08-27T11:07:55","date_gmt":"2022-08-27T03:07:55","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=51037"},"modified":"2022-08-27T11:07:58","modified_gmt":"2022-08-27T03:07:58","slug":"globe-maintains-mobile-leadership-revenues-back-to-pre-pandemic-levels","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2022\/08\/27\/globe-maintains-mobile-leadership-revenues-back-to-pre-pandemic-levels\/","title":{"rendered":"Globe maintains mobile leadership, revenues back to pre-pandemic levels"},"content":{"rendered":"\n

Globe<\/a>\u00a0has reinforced its mobile leadership with its mobile business back to pre-pandemic levels, sustaining growth with second-quarter revenue hitting\u00a0\u20b127 billion, the company\u2019s fourth highest quarterly revenue so far.\u00a0<\/strong><\/p>\n\n\n\n

Year on year, Globe\u2019s first half mobile revenue is at \u20b154 billion, a 3% improvement versus last year. It was powered entirely by the growth in mobile data services, which also reached an all-time high.<\/p>\n\n\n\n

Globe\u2019s mobile data traffic in the first half of the year hit 2,177 petabytes, a 24% increase from the same period last year. This is higher than competition\u2019s reported 2,081 petabytes for the said period.<\/p>\n\n\n\n

Mobile data average revenue per user (ARPU), likewise, continues to increase and is now at 9.7 gigabytes per month, up 20% year on year and 8% quarter on quarter.<\/p>\n\n\n\n

The strong performance was driven by its prepaid brands, which utilize a lot of mobile data and other non-telco solutions such as mobile wallet GCash.<\/p>\n\n\n\n

\u201cMobile data has benefited from increased mobility and the reopening of the economy. And moving into the second half of the year, we are well aware of the inflationary pressures that we’re facing.  Because of that, our focus has always been to provide our customers with relevant products and services that will provide them the best value,\u201d said Issa Guevarra-Cabreira, Globe\u2019s Chief Commercial Officer.<\/p>\n\n\n\n

Meanwhile, Globe continues to expand its fiber footprint, with fiber subscribers and revenues rising by a solid 102% and 135%, respectively, against the same period of 2021. Globe has already rolled out over one million Fiber-To-The-Home (FTTH) lines as of end June, allowing it to better compete in the market.<\/p>\n\n\n\n

Home Broadband’s total revenues have also exceeded pre-pandemic levels at \u20b113.8 billion.<\/p>\n\n\n\n

Although the Home Broadband market is still underserved, Globe believes that the postpaid broadband market is already nearing its saturation point. This points to lower market segments in need of fiber connectivity at more affordable levels that remain unserved.<\/p>\n\n\n\n

Globe is thus responding to this unfilled need for fiber connection in communities through the launch of TMBayan Fiber WiFi, a service especially designed for the prepaid market looking for better connectivity at a more affordable cost.  TMBayan Fiber WiFi<\/a> taps sari-sari<\/em> stores and similar \u201ctambayans\u201d as community WiFi hubs.<\/p>\n\n\n\n

\u201cThere is a segment of the market that is predominantly prepaid but is now in need of better speeds and more reliable connection that fiber can provide,\u201d Cabreira said.<\/p>\n\n\n\n

TMBayan Fiber WiFi is initially available in over 200 hubs across the country: 53 in Metro Manila; 89  in Luzon including Bulacan, Pampanga, Cavite, and Laguna;  31 in Visayas, specifically, Cebu;  and 29 in Mindanao, including Davao del Norte and Davao del Sur.<\/p>\n","protected":false},"excerpt":{"rendered":"

Year on year, Globe\u2019s first half mobile revenue is at\u00a0\u20b154 billion, a 3% improvement versus last year. It was powered entirely by the growth in mobile data services, which also reached an all-time high.<\/p>\n","protected":false},"author":6,"featured_media":49307,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[33,96,2727,1656],"class_list":["post-51037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-globe-telecom","tag-technology","tag-technology-adaption","tag-technology-investment"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/51037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=51037"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/51037\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/49307"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=51037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=51037"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=51037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}