Core net income, meanwhile, fell 5 percent to P11.21 billion from last year’s P11.75 billion. Globe’s service revenues amounted to P95.14 billion in the first nine months of the year, up 6 percent from P89.43 billion on year. Globe’s home broadband business reported an 8-percent year-on-year growth, delivering a total of P11.7 billion revenues as of end-September this year. Globe’s total mobile subscribers stood at 59.33 million at end-September, lower by 9 percent from last year’s 65.36 million. The company’s home broadband subscribers reached 1.26 million, up 9 percent from last year’s 1.15 million subscribers.

Source: The Standard November 03, 2017 12:33 UTC