Globe says Q1 mobile data traffic doubled on video demand

ABS-CBN News

Posted at May 27 2019 11:42 AM

MANILA -- Globe Telecom said Monday mobile data traffic doubled in the January to March period, driven by video streaming on mobile devices.

The Ayala-led telco said it would ramp up its network upgrade as mobile data traffic grew 105 percent in the frost quarter to 370 petabytes from 180 petabytes during the same period in 2018.

“With the explosion of data traffic consumption, building more cell towers and modernizing our network infrastructure will continue to play a fundamental role in delivering superior quality of experience to our customers," said Globe president and CEO Ernest Cu.

Globe said it allotted 68 percent of its total capital expenditure of P8.8 billion for the first quarter to data-related services. 

Total consolidated service revenues in the first quarter reached P36 billion, with mobile data contributing P16.5 billion, Globe said.