Friday, March 29, 2024

Globe postpaid revenues hit P22B in first 3 quarters of 2014, up 11%

Mobile operator Globe Telecom said on Tuesday, Nov. 25, that its postpaid segment hit P22 billion as of end-September this year, an 11-percent increase from previous year?s P20 billion.

Globe chief operating advisor Peter Bithos (2nd from left) with the first owners of iPhone 6 in the country during the recent launch of Apple's flagship smartphone
Globe chief operating advisor Peter Bithos (2nd from left) with the first owners of iPhone 6 in the country during the recent launch of Apple’s flagship smartphone

The company?s postpaid segment revenues now form 38 percent of total mobile revenues as of the first nine months of 2014. Globe mobile revenues reached P57.6 billion, a 6-percent year-on-year growth against the P54.1 billion revenues recorded during the same period last year.

Meanwhile, the postpaid base as of end-September 2014 has grown to 2.2 million, a 9-percent growth from last year?s 2 million. Additions to its postpaid subscriber base reached 614,905 for the first nine months of the year, up 15 percent from 534,615 in the same period last year.

Issa Cabreira, senior vice president for consumer mobile marketing at Globe, expects the postpaid business to end the year on a high note, especially with the recent launch of the iPhone 6 and iPhone 6 Plus .

?With our long-standing partnership with Apple, we are poised to provide a complete digital experience to consumers: best-in-class postpaid plans, exclusive privileges and the biggest rewards, and an extensive suite of value-added services and apps,? Cabreira shared.

Globe has also brought back its Reset program, which allows existing postpaid customers to renew or extend their existing account to get the iPhone 6 or iPhone 6 Plus.

This means that if a subscriber?s 24-month contract is still not up for renewal to get a new device, a corresponding ?reset fee? can be settled to get the latest devices under the same postpaid line. The Reset program is available until December 31, 2014.

Globe is offering the iPhone 6 (16GB) at Plan 1299 with P800 monthly cashout good for 24 months, while the iPhone 6 Plus (16GB) is available at Plan 1299 with P1,000 monthly cashout also for 24 months, payable through major credit cards at 0 percent interest.

Both plan offers come with 3GB of GoSURF mobile data monthly, Photo Bundle for unlimited access to Instagram, Photo Repost, Photo Grid, and Instasize, 20 minutes of calls to all networks, 400 texts to all networks, free 3 months of access to Spotify Premium, and free Gadget Care coverage for 1 month.

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