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

Mobile leader 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.