Globe Telecom Inc (PHS:GLO)
₱ 2100 0 (0%) Market Cap: 303.20 Bil Enterprise Value: 639.55 Bil PE Ratio: 12.49 PB Ratio: 1.81 GF Score: 84/100
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Q2 2022 Globe Telecom Inc Earnings Call Transcript

Aug 12, 2022 / 02:30AM GMT
Release Date Price: ₱2204.02 (+2.28%)
Jose Mari Fajardo
Globe Telecom, Inc. - Director of Investors Relations

Good morning, and welcome to the Virtual Second Quarter 2022 Analyst Briefing of Globe Telecom. We will begin the presentation with Mr. Ernest Cu, our President and Chief Executive Officer.

And with that, we hand over the virtual floor to Mr. Cu.

Ernest Lawrence L. Cu
Globe Telecom, Inc. - President, CEO & Executive Director

Thank you, Jomari, and welcome to everyone this morning. I'm pleased to report that our mobile segment sustained its growth with second quarter revenue hitting PHP 27 billion. This is our fourth highest quarterly revenue to date back to prepandemic levels.

Year-on-year, first half mobile revenue is at PHP 54 billion, a 3% improvement versus last year, entirely driven by growth in the mobile data service segment, which is at an all-time high. The 8% mobile data growth fully offset the continuing decline in mobile voice and SMS.

On a brand basis, performance was driven by prepaid, especially GOMO, which utilizes data as a currency and

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