Globe Telecom welcomes the arrival of the Internet Television network Netflix in the Philippines.
Starting at Plan 1299, users can fully access Netflix with Google Chromecast experience at home.
The offer values SanDisk common stock at US$86.50 per share or a total equity value of approximately US$19 billion, using a five-day volume weighted average price ending on October 20, 2015 of US$79.60 per share of Western Digital common stock.
Globe President & CEO Ernest Cu (center) announces the company’s record-breaking performance in the first half of the year at a recent analyst briefing. Joining him from left are Chief Finance Officer Albert De Larrazabal, Senior Advisor for Consumer Business Daniel Horan , Executive Vice President & Chief Operating Officer for International and Business Markets Gil Genio and General Counsel Atty. Froilan Castelo.
“Globe is the Filipinos’ leading choice of network for their digital lifestyle, evidenced not only by robust growth in customer base but also by strong growth in mobile data revenues, which now contribute 23% of total revenues compared with 16% from a year earlier. We expect this trend to persist amidst the growing number of smartphone users and as we continue to offer products and services that provide relevant content that will further enhance our customers’ digital lifestyle,” President & CEO Ernest Cu said.At the end of the first half of the year, Globe generates 48.4 million of mobile subscribers which mobile services revenues to increase 10% from 37.8 billion pesos to 41.6 billion pesos.
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