Published May 7, 2021, 3:40 PM Revenues up 3% at P37.8 B Globe Telecom Inc. weathered the extended lockdown, with P37.8-billion revenues, up 3 percent in the first quarter of 2021, with a robust contribution from its broadband data segment, and its net income is up 11% to P7.3 billion. Although 2021 promises to be “a very challenging year, Globe is weathering it well because we’re a staple. People depend on us as a service,” Ernest L. Cu, President and CEO stated Friday, (May 7) in virtual presscon. President and Chief Executive Officer Ernest L. Cu The telco’s data revenues accounted for 79% of total service revenues from 75% last year, fueled by the rising data connectivity demands of consumers for remote working, entertainment, E-commerce, and education.