ABS-CBN Convergence, Globe wind down mobile sharing agreement


Posted at Oct 16 2018 11:50 AM

MANILA - ABS-CBN Convergence and Globe Telecom on Tuesday said they will provide loyal subscribers with updates on their plans and subscriptions as they wind down their mobile sharing agreement. 

In a joint statement addressed to the stock exchange, the firms said all ABS-CBNmobile prepaid, postpaid and SkyMobi subscribers will continue to enjoy text, call and data services until Nov. 30, 2018. 

Meanwhile, all ABS-CBNmobile and SKYmobi promo offers will no longer be offered to subscribers effective Oct. 25, 2018, the statement said. 

"ABS-CBN Convergence expresses its gratitude to its loyal subscribers and will provide them with updates on their plans and subscriptions," it said. 

In July, ABS-CBN said it was looking at "more profitable opportunities" in the content business with Globe Telecom following a "thorough assessment" that found its mobile business model to be "financially unsustainable." 

Both firms decided not to renew the deal that was forged in 2013.

ABS-CBN and Globe Telecom will continue to bank on their competencies and focus on new synergies to serve their customers. 

ABS-CBN said "promotional synergies" could include bundling of ABS-CBN TVPlus boxes with Globe at Home prepaid WiFi and the availability of ABS-CBN TVplus’ KBO (Kapamilya Box Office) and iWant TV over-the-top services to all Globe subscribers.

News.abs-cbn.com is the official news website of ABS-CBN Corp.