ENP Newswire -
Release date- 12022014 -
The company's consolidated service revenues for 2013 reached a fresh record high of
'We are happy and encouraged by what we have achieved in 2013, surpassing all our expectations. We have said in the past that 2013 is a transition year and the most critical period for Globe, given the network and IT modernization projects we undertook through the year while competing in a fast evolving market. Our sustained growth momentum is an evidence of the underlying strengths of our superior products and services and the differentiated customer experience we provide, said Globe President &CEO Ernest Cu. 'Notwithstanding the impact of the recent devastation in the Visayas region due to typhoon 'Haiyan', which tempered the seasonal uplift in the fourth quarter, we still managed to end the year at a high note reaching all-time high gross consolidated revenues. While the resilience of our performance is welcome, we will not be complacent and will strive harder in 2014. Globe has always been and will continue to be firmly committed in creating more value for our customers and shareholders.'
Mobile revenues, which contributed over 80% of total revenues, grew 8% year-on-year to
Globe's broadband businesses flourished in 2013, registering sharp growths on both revenues and customer, expanding respectively by 20% and 22%, year-on-year. Globe ended the year with over 2 million broadband subscribers, with the fixed DSL and nomadic broadband segments registering growths of 24% and 11%, respectively. The competitiveness and affordability of the various offers launched throughout the year and the expanded pervasiveness of our fixed and wireless broadband network contributed to the robust performance in the year just ended.
The company's fixed line data segment registered revenues of
Globe recorded consolidated EBITDA of
On a sequential basis and consistent with seasonal trends, Globe's quarterly gross revenues improved 2% in the fourth quarter of 2013, reaching
Globe continued to lead in the Postpaid segment with the AppleTM launches during the last quarter of 2013 starting with the iPhone 5c and iPhone 5s and the eventual release of the new iPad Air and iPad mini with Retina display. This year's iPhone launch (iPhone 5c and iPhone 5s) however, was scaled down and used to promote aid and relief efforts in light of the recent calamity 'Haiyan' that affected millions of Filipinos in the Visayas region. Subscribers who attended the event were encouraged to bring in-kind donations as well as donate via Globe's GCash facility. The iPhone 5c and iPhone 5s were made available under the Company's suite of first-ever fully customizable postpaid plans (Best-Ever mySUPERPLAN) and the exclusive gadget upgrade program (iPhone Forever program).
Under the iPhone Forever program, new and existing Globe subscribers who are loyal iPhone users can swap their current devices to get a new iPhone every year for free or with minimal one-time cash out. The iPhone 5c 16GB can be availed starting at iPhone Forever Plan 1599, while the iPhone 5s 16GB is available at iPhone Forever Plan 1999, both for a contract of 24 months and are bundled with 1 gigabyte (GB) of mobile LTE surfing and free calls and texts. Higher value postpaid plans are also available: iPhone Forever Plan 2999, iPhone Forever Plan 5599 and iPhone Forever Plan 6999. The iPad Air and iPad mini with Retina display, on the other hand, can now be availed with the following postpaid plans for 24 months contract period and complete with 85 hours of LTE surfing: iPad Air 16GB is available for as low as P1,624 monthly at Plan 499 with P1,125 monthly cashout while the 32GB variant is available for as low as P1,790 monthly at Plan 499 with P1,291 monthly cashout. Meanwhile, the iPad mini with Retina display 16GB is offered at P1,499 monthly at Plan 499 with P1,000 monthly cashout while the 32GB variant is available at P1,665 monthly at Plan 499 with P1,165 monthly cashout.
Setting another milestone in Philippine telecommunications, the company gave its over 38 million subscribers (Postpaid/Prepaid/TM) free mobile phone access to
Moreover, Globe Prepaid conducted a 3-day mall gadget sale dubbed 'Prepaid on the Go, Great Gadget Sale' wherein subscribers can get awesome discounts on various brands such as Samsung,
TM, on the other hand, launched during the quarter TipIDD30 which offer four minutes of international calls to Saudi,
For the Broadband business, Globe continued to step up its best value offers with the new Tattoo Prepaid tablet bundles wherein its subscribers can save as much as P2,845 with these new offers which carry affordable tablet selection starting at P4,995 for a CloudPad 705Wor a SkyWorth S73 and P6,995 for a SkyWorth S82. All these new bundles come with FREE Tattoo Mobile Wi-Fi that connects up to 10 devices with speeds of up to 7.2 Mbps. Tattoo LTE Mobile Wi-Fi with LTE speed of up to 42 Mpbs was also made available for only P4,995 with FREE 5GB of data for 7days. Tattoo Postpaid on the other hand, now offers a FREE Mobile Wi-Fi with speed up to 12 Mbps with Tattoo unlimited Plan 999.
Globe once again expanded its international footprint with the launch of Globe local Italy SIM last
GCash, Globe's mobile payment and remittance service, is set to expand its network service in the country by growing its user base with the recent partnership with
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