Telcos to lean more on e-wallets for profit - News Summed Up

Telcos to lean more on e-wallets for profit


Telcos to lean more on e-wallets for profitIn a Market Talks episode by COL Financial Group Inc., telco analyst Paolo Manansala said connectivity giants Globe Telecom Inc. and PLDT Inc. would have to depend on their e-wallets for profit growth. In a Market Talks episode by COL Financial Group Inc., telco analyst Paolo Manansala said connectivity giants Globe Telecom Inc. and PLDT Inc. would have to depend on their e-wallets for profit growth. Luckily for them, Manansala said these telcos have e-wallets dominating in financial technology. Maya, for its part, recorded a profit of P1.6 billion during the period, contributing P603 million in equity to PLDT. In spite of this, Manansala said online gambling would still be a revenue driver for e-wallets.


Source: Philippine Star January 01, 2026 16:33 UTC



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