SunStar Publishing Inc.
The Globe Group closed the first nine months of 2023 with all-time high consolidated service revenues amounting to ₱121.1 billion, up a robust 3% from a year ago, despite the extended macroeconomic headwinds faced by the industry. This remarkable performance was mainly fueled by the strong contributions from its mobile, corporate data and non-telco services , which fully offset the anticipated decline in home broadband .
0 billion for the nine-month period this year, a 7% hike from the ₱62.5 billion a year ago. Mobile data traffic soared to 4,360 petabytes as of end September of 2023, from 3,365 petabytes reported in the same period of 2022, driven by the continued consumption of high-bandwidth online videos and social media content over smartphones. Mobile data now accounts for 81% of mobile revenues from 78% last year. Conversely, traditional mobile voice and SMS revenues ended at ₱10.2 billion and ₱6.
Globe Group Service Revenues Telecom Industry Mobile Corporate Data Non-Telco Services Home Broadband
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