AYALA-LED Globe Telecom on Friday reported net income of P13 billion for the first nine months of 2017 driven by robust growth in mobile and home broadband revenues and lower non-operating charges.
Globe told the stock exchange that this year’s nine-month profit was 11 percent higher than the P11.7 billion recorded a year ago on the back of sustained growth in EBITDA (earnings before interest, taxes, depreciation and amortization) and lower non-operating charges.
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