Globe Telecom Inc. said it is gearing to become the market leader in subscriber share in the home broadband sector, noting that it is close to reaching its goal after its subscriber base grew by 58 percent in the first half.
As of end-June, the company now has 2.9 million home broadband subscribers, which helped boost the revenues of the said business by 19 percent to P12.5 billion, from P10.6 billion the year prior.
“Our Globe At Home business truly made remarkable gains this first half. We are happy with the results and will continue to push forward to serve the needs of customers doing work from home, distance learning and those that are transforming their businesses to digital means,” Globe President Ernest L. Cu said.
He added that his group is “bent on boosting” its network expansion program in different provinces despite limitations due to the pandemic.
“We have shown resilience and will continue to remain steadfast even with this pandemic. Our network builds this third quarter will expand our capability to serve and ensure that our customers remain connected and updated. We expect more opportunities for the rest of the year as demand for internet connectivity and cloud solutions continue to grow with more companies adapting to the new normal,” Cu said.