Surge in data demand seen until year-end
GLOBE sees increase in demand for strong data until year-end
MANILA – Globe Telecom, Inc. remains optimistic the general public’s demand for strong data will remain until year-end as more sectors of the populace embrace the nw normal brought about by the COVID-19 pandemic.
In a statement, Globe Telecom said while most companies are reeling from the negative impact brought by COVID-19 pandemic and strict quarantine protocols and travel restrictions, mobile data revenues turned in P35.8 billion during the first half of the year. More subscribers spend their time online, regardless whether it’s work-related or business, entertainment and online learning mobile data traffic as it soared by 45% to 1,106 petabytes. A petabyte is a million Gigabytes.
“Data continues to be a bright spot for business, as demand remains strong and steadily growing. Especially at this time of pandemic, internet access serves as a lifeline for many Filipinos. People use the internet to do work from home, conduct business, make payments, and homeschooling, among others. We expect this trend to continue until the rest of the year,” said Ernest Cu, Globe President and CEO.
Globe’s home broadband business also enhanced its efforts to absorb the impact of the pandemic by turning in P12.5 billion or a 19% surge compared to the P10.6 billion mark posted in the same period last year. Its Home Broadband subscriber base reached nearly 2.9 million and seen to grow as more households gear up for working and learning from home and more are expected to follow as public schools reopen by October 5.
“The potential of home broadband remains a source of inspiration for us. This segment is largely untapped so there are a lot of households that are looking to be connected. We hope to fill this demand with our aggressive network rollout in the second half not only in urban areas but even in provinces all over the country,” Globe Telecom’s President and CEO Cu concluded. (Melo M. Acuña)
Globe Telecom President and CEO Ernest Cu. (Globe File Photo)