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Philippine telco bags Finance Asia citations

MANILA, JUNE 14, 2013 – Finance Asia has cited Globe Telecom among the Philippine companies "most committed to a strong dividend policy and best investor relations categories". Globe appears in the list for the tenth straight year.

The poll conducted yearly is a benchmark for top companies across Asia. It invloves votes from investors and analysts across the region.

Globe president and CEO Ernest Cu remarks: “We are honored by the recognition given to us by Finance Asia.  This inspires us to do more for our customers, making sure that the gains of our transformation initiatives will be meaningful for them.”
 
The company alludes its strong performance to the success of its customizable and innovative service offerings for both domestic and international markets, value-for-money promotions, handset and gadget launches, as well as the boost from the increasing demand for mobile browsing and voice services.
 
In 2012, Globe reported its consolidated service revenue soared to P82.7 billion, a 6% rise from a year earlier, supported by a substantial increase in its subscriber base.

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