MANILA,
Philippines, March 19,
2013 /PRNewswire/ -- Globe Telecom (Philippines Stock
Exchange: GLO) has once again proven that the postpaid
segment is one of its strongest businesses after posting the
highest growth in subscriber base and revenues in the third quarter
of 2012.
As of end-September 2012, Globe
has added close to 300,000 new postpaid subscribers from previous
year, compared to just 182,000 new customers gained by its closest
competitor during the same period. This has brought total Globe
postpaid subscriber base to 1.66 million, over 1 million more than
competition's postpaid customer base.
The company's postpaid business has likewise posted record-high
growth in subscriber revenues, growing to P5.8 billion from P4.6
billion in the same quarter in 2011. This is a 25% increase
year-on-year, nearly twice the reported revenue growth of
competition.
With this phenomenal growth in postpaid subscriber base and
revenues, Globe easily secures the spot of being the biggest and
most consistently-growing postpaid brand in the country.
Meanwhile, Globe postpaid revenues ending 2012 rose to another
record-high of P22.8 billion, a
significant 24% growth from P18.5
billion from last year's levels, primarily driven by the
company's record-breaking iPhone 5 launch in December 2012. Full year net acquisitions also
reflected the improving quality of acquired postpaid subscribers
with 42% of regular postpaid net additions signing up for plans
with monthly service fees of P999 and above, compared to just 19%
in 2011.
According to Martha Sazon, Head
of Globe Postpaid, the strong and consistent performance of the
segment over the last two years can be attributed to innovative and
customer-centric offers and deals led by the game-changing
My Super Plan launched in 2010.
"When it comes to postpaid, subscribers choose Globe and stay
with Globe. The deep affinity with the brand has grown tremendously
over the years with offers that transformed and enriched our
customers' lives," Sazon said. "Globe Postpaid maintains a very
strong following, making it a strong and resilient force
to reckon with amidst the negative tirades and aggressive switching
campaigns launched by our competitors. In the end, subscribers know
which network really delivers and gives the best value for their
postpaid needs, and we thank them for their continued loyalty
and trust with Globe."
She added, "The numbers speak for themselves. Contrary to
advertising claims, Globe is not only the fastest but also the most
consistently-growing postpaid brand in the Philippines. And as we start to feel the
gains of our modernized network, we will continue to set the trend
and pace in postpaid with more revolutionary offers that will
change the lives of Filipinos."
Early this year, Globe scored exclusive deals with two of the
world's biggest smartphone brands Samsung and CloudFone, getting
first dibs on the Samsung Galaxy SIII mini and the CloudFone tablet
and phone bundle. Both devices are offered with more plan options,
giving subscribers more flexibility and the true freedom to enjoy
their calls, texts, and mobile internet.
The postpaid leader is poised to sustain growth momentum in 2013
with the launch of the discounted extension data plan for
subscribers with heavy mobile browsing requirements, and the
much-improved and more customer-centric My
Super Plan which will once again change the landscape of
mobile postpaid in the country.
For more information, please contact:
Yoly C.
Crisanto
Head, Corporate Communications
Globe Telecom, Inc.
Tel. No. +63-730-2627 │ Fax. No. +63-739-3075
Email Address: globe.corpcomm@gmail.com
GlobePress Room: www.globe.com.ph/press-room
Twitter: @talk2GLOBE │ Facebook:
www.facebook.com/globeph
SOURCE Globe Telecom