Globe Telecom Inc (PHS:GLO)
₱ 2090 -44 (-2.06%) Market Cap: 301.75 Bil Enterprise Value: 635.73 Bil PE Ratio: 12.98 PB Ratio: 1.83 GF Score: 78/100

Q4 2021 Globe Telecom Inc Earnings Call Transcript

Feb 10, 2022 / 01:30AM GMT
Release Date Price: ₱2772.74 (-7.06%)
Jose Mari Fajardo
Globe Telecom, Inc. - Director of Investors Relations

Good morning, and welcome to the Virtual Fourth Quarter 2021 Analyst Briefing of Globe Telecom. Per usual, we will start with a short presentation from our management team. At this point, we'll now hand over the virtual floor to our President and Chief Executive Officer, Sir Ernest Cu, who will kick off this morning's presentation.

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

Thank you, Jomari. And I believe today, we have with us our CFO, Ms. Eala; our CCO, Issa Cabreira; our General Counsel, Froi Castelo; our Head of Network Planning and Engineering, Joel Agustin; and President/CEO of Mynt, Martha Sazon. So again, thank you all for joining us and being with us today for our briefing.

Service revenue for 2021 came in at a record PHP 151 billion. This is up 4% versus 2020 but once again driven by growth in data-related services. I'm pleased to note that revenue has not only grown year-on-year but has even surpassed our prepandemic high of

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