Globe to remain strong despite industry slowdown - S&P

12/13/2009 GMA News  Standard & Poor's Ratings Services expects Globe
Telecom, Inc. to remain a strong contender in the Philippine mobile
telecommunications market, even as the industry's subscriber base continues
slowing down and competition intensifies.

S&P said the stable outlook reflected the company's steady market position,
favorable financial situation, and higher operating efficiency.

As of Sept. 30, Globe had 23.1 million SIM (subscriber identity module)
cards in use, down from 23.7 million a year earlier.

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