Telecommunications company Globe reported that mobile and corporate data services continued to account for a significant portion of its business in the first half of 2025, contributing 83.2% to total service revenues. This was slightly higher than the 82.9% share reported in the same period last year.

Overall, data services, including mobile data, home broadband, and corporate data, accounted for 88% of Globe’s total service revenues, up from 85% a year earlier.

Despite a dip in total consolidated gross service revenues, which stood at ₱80.2 billion in the first six months of 2025 compared to ₱82.2 billion a year ago, mobile and data services remained key drivers. Revenues in the second quarter reached ₱40.3 billion, up 1% from the previous quarter, helped by improving mobility and stronger use of digital services across customer segments.

“The sequential growth in revenues, core net income, stable margins, and rising contributions from Mynt reflect not just financial discipline but the operational strength of our entire organization,” said Carl Cruz, president and CEO of Globe Telecom Inc.

The company said its digital services portfolio remained an important source of growth.

Globe’s mobile business generated ₱57.1 billion in service revenues in the first half, slightly below the ₱58.4 billion recorded in the same period last year. But second-quarter mobile revenues rose 2% to ₱28.8 billion, signaling signs of recovery. The company credited the improvement to more stable mobility trends and continued growth in consumer activity.

Network investments also helped support mobile performance, as Globe aimed to improve service quality and stay competitive. As of end-June 2025, its mobile subscriber base reached 62.5 million, 5% higher than last year’s 59.5 million.

Within the mobile segment, mobile data revenues increased to ₱48.8 billion, up 2% from a year ago. Globe said this reflected greater use of mobile apps for messaging, streaming, and digital payments.

The increase came even as mobile data traffic slightly declined to 3,187 petabytes from 3,256 petabytes the year before. Globe said extreme heat and a nationwide transport strike in the first quarter affected on-the-go data use. In the second quarter, traffic recovered to 1,650 petabytes, up 7% from the prior quarter. The company said this was partly due to more customers using 5G services.

Discover more from Back End News

Subscribe now to keep reading and get access to the full archive.

Continue reading