Globe has achieved another milestone in its corporate data business with a significant 10% year-on-year increase in revenues, reaching an unprecedented high of approximately P5 billion in the first quarter of 2024. 

The substantial growth in corporate data revenues underscores Globe's ongoing commitment to supporting enterprise clients and fostering digital transformation across various industries.

The first-quarter surge was principally driven by the stellar performance of core accounts, which saw a 12% rise from the previous year, along with a 7% increase in revenues from Information and Communications Technology (ICT) services. On a quarter-on-quarter basis, corporate data revenues exhibited a healthy growth of 4%. 

“We are happy to see our corporate data business demonstrating remarkable resilience, surpassing performance targets amidst challenging market conditions. Globe's success in this segment is a testament to its agility and customer-centric approach, ensuring that product offerings remain relevant and valuable in an increasingly digital business landscape,” said Ernest Cu, Globe President and CEO. 

Globe's ICT services offer a comprehensive array of options designed to address the dynamic demands of businesses aiming to thrive in a digital-first world. These services include cloud computing and cybersecurity, ensuring that organizations can operate efficiently and securely in today's interconnected environment.