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Globe announces full-year 2021 results
Globe targets full network restoration by end of Feb.
Globe Telecom Inc. ended 2021 with higher income that surpassed its pre-pandemic performance on the back of all-time high spending that supported its aggressive network buildup. In a disclosure to the local bourse on Wednesday, Globe reported its net income of P23.7 billion improved by 27 percent year-on-year (yoy) buoyed by improved economic conditions in […]
Globe Telecom Inc. posted P151.5 billion revenues in 2021, up 4 percent year-on-year (YoY), resulting in net income of P23.7 billion, the telco disclosed. Globe reported Wednesday, Feb. 9, that it netted P23.7 billion earnings, up 27 percent from its 2020 net income, due to a 2 percent increase