Sunday, June 7, 2009
GLOBE TELECOM ANNOUNCES CORE NET INCOME OF P3.7 BILLION IN Q1 2009 blog 5/11/09
Globe Telecom registered consolidated service revenues of P16.0 billion in the first quarter of 2009, 3% higher than last year given the steady performance of the Company’s wireless business and the sustained expansion of its broadband and wireline data business. Revenues from the wireless business increased by about P120 million or 1% year on year to reach P14.0 billion, while the wireline and broadband business grew 17% or about P300 million to close the period with record high quarterly revenues of P2.1 billion
Globe Telecom registered consolidated service revenues of P16.0 billion in the first quarter of 2009, 3% higher than last year given the steady performance of the Company’s wireless business and the sustained expansion of its broadband and wireline data business. Revenues from the wireless business increased by about P120 million or 1% year on year to reach P14.0 billion, while the wireline and broadband business grew 17% or about P300 million to close the period with record high quarterly revenues of P2.1 billion
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