Globe postpaid reaches out to more than 2M subscribers in 2013
Globe Telecom has once again proven its leadership in the postpaid segment after ending 2013 with double-digit growth both in postpaid revenues and subscriber base amid the aggressive switching campaigns and attractive price offerings of its competitors. Postpaid base has reached 2.03 million, a 17% increase from previous year’s 1.7 million. Gross subscriber additions reached over 711,000 as of end-December 2013, 21% higher than a year ago. This has brought total mobile subscriber base to 38.5 million, up 16% from 33.1 million subscribers last year. Full year acquisitions also reflected the improving quality of acquired postpaid subscribers with 51% of gross additions signing up for postpaid plans with monthly service fees of P999 and above, compared to 44% in 2012. With the robust growth and continued expansion of the company’s postpaid customer base, postpaid revenues have swelled to P27.1 billion, an 18% improvement year-on-year. According to Raul Macatangay, Head of […]