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.

Globe leads industry performance - Q1 net income up 43% YoY

Globe Telecom continues to post record numbers during the first three months of 2015, registering an impressive financial performance, highlighted by solid top-line growth, and EBITDA and NIAT at all-time high figures.

In its latest disclosure during the First Quarter Analysts’ Briefing, Globe officials revealed that the company generated P26.2 billion consolidated service revenues, 13% higher than 2014, while EBITDA level was at P11 billion, up 25% year-on -year. Its core net income was at P4.2 billion, a 25% rise compared to last year.