According to the Bureau of Internal Revenue (BIR), Smart gets top cow rank as the biggest non-individual taxpayer for 2011 Smart paid a total of P10.24B in corporate income taxes. Where is Globe? Well, Globe is in the list of top taxpayers – but the Singtel telco is not anywhere near Smart: Second biggest tax [...]
Sun registered a 21% increase in gross revenue last year by virtue of its growing subscriber base and continued network expansion. From P15.5B in 2010, Sun has increased this figure to P18.7B in 2011; in the same period, Sun grew its subscriber base by around 20% from 12.6M to 15.1M. Orlando Vea, President and CEO [...]
PLDT has a cellular subscriber base of 65M, up 1.3M new subscribers from last year (which stood at 63.7M). Breakdown: 50M are from Smart, Talk ’N Txt and Red, 15M are from Sun (end 2011 figures are as follows: Smart and Talk ‘N Txt @ 47.6M; Red Mobile 1.4M; Sun 14.7M). With the addition of [...]
Well, they did earn P39B for the year and it aint chump change! PLDT core net income for 2011 fell 7% to P39B versus 2010’s P42B due to lower service revenues and higher operating expenses. In a statement, PLDT declared that its net income likewise took a hit, shedding at least 21%. Causes: The revenue [...]
In 2010, Globe had 26.47M subscribers, up 13% to 30M in 2011! Where did these additional subscribers come from? Did Smart and Sun cede market share, or is it true that the telcos can still squeeze growth from our highly mobile-penetrated populace? Globe has maintained its undisputed dominance in the postpaid segment with 1.5M subs [...]
Globe posted an 11% increase in core net income to P10B for the full year 2011 vs. 2010’s P9.1B! Consolidated EBITDA rose 6% from the previous year from P33B to P35.1B with revenue growth exceeding the 13% rise in operating expenses and subsidy. This period’s operating expenses include professional, advisory and legal fees linked with [...]
Telcos reported an increase in voice, SMS and data services during the past holiday season. Ramon Isberto, PLDT spokesman: “SMS is up strong. This is due to the growing popularity of bucket and UNLI packages and to the significant investments we have made on our wireless network that improved our broadband, voice and SMS capacity, [...]
Vox Populi!