Posts filed under ‘Globe Telecom’

SingTel: regional mobile base tops 232m at end-December

Southeast Asia’s largest telecommunications group, Singapore Telecom (SingTel), today reported that its aggregate regional mobile subscriber base stood at 232 million as at 31 December 2008, up 7.3% on a quarterly basis, and a 35% increase year-on-year. Despite stiff competition and the deepening global economic gloom, SingTel reported that each of its six mobile associates in the region – Thailand’s Advanced Info Service (AIS), India’s Bharti Airtel, Globe Telecom in the Philippines, Indonesia’s Telkomsel, Pacific Bangladesh Telecom (PBTL) and Pakistan’s Warid Telecom – posted double-digit subscriber growth ranging from 13% to 55% when compared to the same time at end-2007. Of these, India’s Bharti posted the single biggest jump in subscriber numbers to 85.65 million, up from 55.16 million as at 31 December 2007, SingTel said. The group’s wholly owned Ozzie unit Optus posted a 0.9% rise in mobile users over the year to 7.63 million, while in its home market SingTel had 2.94 million cellular customers, up 26% y-o-y. The Singaporean business also reported sustained demand for the Apple iPhone 3G device which helped push its domestic 3G mobile base up to 1.14 million, and 2.33 million for Optus in Australia. 

Wireless Industry News

February 9, 2009 at 18:45 Leave a comment

Globe reports strong Q4 revenues, but full-year net profits down 15%

The Philippines’ second largest telecoms group by subscribers, Globe Telecom, a subsidiary of Philippine conglomerate Ayala Corp and Singapore Telecom (SingTel), recorded its highest quarterly revenue performance in the three months ended 31 December 2008, with service revenues of PHP16.3 billion (USD343.3 million), up 5% quarter-on-quarter and surpassing the previous record of PHP16.1 billion – booked in the fourth quarter of 2007. The operator said the strong quarterly performance was driven by strong holiday demand and the positive impact of new mobile and broadband offers it launched in the fourth quarter. Nonetheless, Globe’s full-year net income for 2008 was PHP11.28 billion, down 15% from PHP13.28 billion a year earlier, on twelve-month service revenues of PHP62.89 billion (PHP63.21 billion in 2007) and EBITDA of PHP37.40 billion (PHP40.22 billion).

In the three months to 31 December 2008 Globe Telecom maintained its momentum in terms of wireless subscriber acquisitions by adding one million SIMs, to end the year with a total subscriber base of 24.7 million, up 22% from a year ago. The company said its mass market brand, TM, led the growth, accounting for 70% of the total 4.4 million net additions recorded in 2008, bringing in more than three million new TM users. In addition, Globe said the popularity of its broadband services, and in particular wireless broadband, continued apace. The operator added a net 55,000 users in the fourth quarter – more than the total for the previous three quarters combined – to close out 2008 with a broadband subscriber base of 234,000, almost double the end-2007 figure. The continued expansion of broadband and corporate data services helped offset a slowdown in wireless revenues which declined by 1% to PHP55.6 billion from the previous year’s PHP56.4 billion, while wireline revenues improved by 7% to PHP7.3 billion from PHP6.8 billion in 2007.

Wireless Industry News

February 3, 2009 at 19:54 Leave a comment

Express Telecom looking to kick-start cellular business (Philippines)

Filipino operator Express Telecommunication Company is reportedly planning to resurrect its cellular business by asking the telecoms regulator the National Telecommunications Commission (NTC) for additional frequencies to service its proposed re-launch. The debt-laden operator has approached the NTC notifying it of its intention to pursue 10MHz of frequency spectrum in the 1900MHz band. Local newspaper BusinessMirror reports that while Express Telecom’s request had not yet been acted upon, the head of the NTC’s frequency management division Priscila Demition said the petition is pending. ‘I think they will use the frequencies to help them in their planned comeback. Their request is for cellular use,’ she told the paper.

Meanwhile, NTC director Edgardo Cabarios has confirmed that Express Telecom can apply for additional frequencies even though it has not been fully active in the domestic cellular market for ‘some years’ now due to its financial problems. ‘Anyone can apply but acting on an application is another issue. Even if they are under rehab, they can file with the commission for an application of their choice,’ Cabarios is quoted as saying. Express Telecom still owns and operates an analogue AMPS network using 10MHz of spectrum in the 800MHz band. It was awarded an additional 5MHz in the 1800MHz band in September 2001 but is largely inactive with just several thousand subscribers registered. Express Telecom’s existing frequencies are thought to be very much sought after because these can be used for 3G services. A number of other Filipino 3G players, including Globe Telecom, Smart Communications and its subsidiary Connectivity Unlimited Resource Enterprise (CURE), have already expressed interest in taking Express Telecom’s unused frequencies.

Express Telecom’s spectrum holdings have meant that it is an attractive prospect for buyers; the firm is currently in the process of being acquired by San Miguel Corp, even though it is currently buried under PHP9 billion (USD189.5 million) worth of debt.

Wireless Industry News

February 3, 2009 at 16:40 Leave a comment

NTC seeks industry input on fifth 3G licence tender plan (Philippines)

Filipino telecoms watchdog the National Telecommunications Commission (NTC) has given the domestic telecoms industry ten days to submit comments on its draft proposal to auction off the fifth and final 3G licence in the Philippines. The new draft will replace the regulator’s so-called ‘30-point’ ranking system used in awarding the earlier licences. The NTC awarded 3G licences to Smart Communications, Globe Telecom, Digital Mobile Philippines and Connectivity Unlimited Resources Enterprises, (CURE) in January 2006. Smart has since acquired CURE. Last year, the NTC published a memo outlining the new rules on the tender award for the fifth licence. Under the draft, companies would only be expected to pass legal, financial and technical criteria.

Wireless Industry News

January 12, 2009 at 15:29 Leave a comment


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