Globe Telecoms continues to assert its leadership in the Philippine broadband industry with sustained double-digit revenue expansion driven by rising internet usage stemming from the popularity of social networking sites and the growing affordability of access devices such as tablets, PCs, and laptops.
Broadband revenues were up 13 percent year-on-year to P4.1 billion with the continued strong demand for Tattoo-On-The-Go offerings which comprise the bulk of the company’s quarterly acquisitions.
This led to the overall growth in Globe broadband subscriber base to nearly 1.6 million by June 30, higher by 22 percent from almost 1.3 million subscribers in the same period last year.
From 2007 to 2011, Globe broadband service has grown by an average of 99 percent per year in number of subscribers, and 84 percent per year in service revenues.
At present, Globe offers Tattoo@Home and Tattoo On-The-Go services across various technologies and connectivity speeds for its residential and business customers.
Tattoo@Home consists of wired or DSL broadband packages bundled with voice, or broadband data-only services which are available at download speeds ranging from 1 mbps up to 15 mbps.
Globe keeps 2-digit revenue growth
- Written by Tribune
- Friday, 10 August 2012 00:00
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