BusinessWorld February 11, 2021 | 12:06 am BW FILE PHOTO Senior Reporter GLOBE TELECOM, Inc. posted a 13.04% decline in its core net income for 2020 mainly due to the impact of the coronavirus pandemic on its businesses except for the home broadband. The listed Ayala-led telcoâs core net income for 2020, which excludes the impact of non-recurring charges, foreign exchange and mark-to-market charges, went down to P19.52 billion from P22.45 billion in 2019. Full-year service revenues from mobile, home broadband, corporate data, and fixed line voice decreased 1.76% to P146.39 billion from P149.01 billion in the previous year. Broken down, mobile revenue declined 7.08% to P103.11 billion from P110.97 billion, while broadband revenue jumped 23.23% to P26.80 billion from P21.75 billion.