Globe Cites Postpaid Business as Biggest Growth Driver

Its postpaid business continued to lead the pace in growth for Globe Telecom after sustaining its robust performance for the first six months of the year.

The company’s postpaid segment once again posted double digit-growth in revenues and customer base versus previous year’s levels, with revenues reaching P14.6 billion in the first half of the year, up 11% from the same period last year at P13.1 billion. As a solid contributor to overall mobile business, postpaid revenues formed 39% of total mobile revenues as of end-June 2014.

Meanwhile, postpaid customer base hit 2.1 million, a 10% growth from previous year’s 1.9 million. The continued success and take-up of the company’s fully-customizable postpaid plans, exclusive device offers and innovative deals, as well as expanded distribution and sales channels, helped sustain gross additions to reach close to 400,000 for the first six months of the year, up 12% in the same period last year amid intense competition in the postpaid market.

“Globe continues to dominate the postpaid market as it continues to scale up and drive growth of the company’s overall mobile business. With our breakthrough offers and innovations, we continue to attract high-end prepaid customers as well as new customers. Aside from the best postpaid deals, our customers enjoy a dedicated hotline for their queries, remodeled Globe Stores, extensively-trained personnel and relationship managers, and a modern Globe network,” shares Raul Macatangay, Vice President for Postpaid Business and Devices at Globe.

Sustaining momentum into the third quarter of the year, Globe recently launched its postpaid plan offer for the newest Huawei Ascend P7, once again giving the telco first dibs on the latest devices to hit the Philippine market on the back of its strong partnership with the world’s leading handset manufacturers.

At Plan 1299, postpaid customers can get the Huawei Ascend P7 for free, complete with 3GB of mobile surfing, 35 minutes of calls to all networks, and 700 texts to all networks monthly. As part of the postpaid plan package, customers can also avail of the free Gadget Care for one (1) month, free access to Spotify Premium for six (6) months, plus two (2) years warranty, a limited edition monopod and 4800mAh powerbank for the complete device experience.

The Huawei Ascend P7 is touted as an ultra-slim 4G-LTE smartphone at 6.5mm, with a 5-inch touchscreen display, Corning Gorilla Glass Gen. 3 front and rear covers, and sleek 7-layer surface treat with “spin-effect” micro-pattern design. It also boasts of a 13MP rear camera and 8MP front camera with Backside Illumination (BSI) sensor, ultra snapshot for 1.2 seconds-ready image-capture, Image Smart software, and dedicated Image Signal Processor.