DESPITE heightened industry competition, Ayala-led Globe Telecom said its net income in the fourth quarter of 2016 nearly doubled as its data business drove revenues to a record.
In a briefing at the company’s headquarters in Taguig City, Globe President and CEO Ernest Cu said the carrier posted net income after tax of P4.17 billion in the fourth quarter of last year compared to P2.34 billion during the same period in 2015.
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