Wazzup Pilipinas!
Globe Telecom posted one of the highest capex-to-revenue ratio in the last two years showing how aggressive the telecommunications provider has been in upgrading and enhancing its network infrastructure.
Globe has a capex-to-revenue ratio of 28% in 2015 and 27% in 2014 while the local telecommunications industry averaged 23% in both 2015 and 2014. By comparison, only China’s capex-to-revenue ratio of 36% in 2015 and 33% in 2014 exceeded those of Globe Telecom based on the published financial statements online of publicly-listed telcos in the region which were compiled and computed per country.
Other Asian economies registered lower ratios in 2015 and 2014 with Singapore at 26% and 22%, respectively; Indonesia with 24% and 26%, respectively; Thailand with 23% and 21%, respectively; India with 17% and 16%, respectively; Taiwan with 14% and 16%, respectively; Hong Kong with 13% and 14%, respectively and Malaysia with 13% and 12% respectively.
“Over the past several years, we have invested in our network to enable our customers to enjoy their digital lifestyle and empower businesses with digital capabilities, enhance their productivity and make globally competitive,” Globe President & CEO Ernest Cu said. “We are moving to enhance the internet experience of the Filipino people and position ICT as a major development contributor in the Philippines,” Cu added.
Ross is known as the Pambansang Blogger ng Pilipinas - An Information and Communication Technology (ICT) Professional by profession and a Social Media Evangelist by heart.
