Soon-to-be listed mobile content provider Xurpas Inc. is projected to rack up P379 million in net income for 2015 on the back of a fast-growing smartphone market.

Martin Villalon, SB Capital Investment Corp. director, said in a briefing on Friday that that SB Equities Inc., a subsidiary of Security Banking Corp., made the forecast on Xurpas’ growth based on the growing data and smartphone usage not only in the Philippines but also in Southeast Asia.

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