Articles tagged with: Globe Telecom and Prepay

Globe Philippines: Over 1m Adds per Quarter, but Churn Still a Problem

After an increase in annual revenues of just 4% between 2005 and 2006, the Philippines' second placed MNO Globe Telecom has managed to improve its top line by 11% between 2006 and 2007 to Php63.2bn. The main reason for the slow progress between 2005 and 2006 was the fact that annual average customer numbers only rose by 12.6%, due to the turbulence in subscriber additions in 2005 caused by the notorious SIM swap programme.  more

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