Globe Telecom Has Significant Momentum Moving Into 2019, Says CEO

The transcript discusses Globe's financial performance, highlighting a 22% decline in net income due to IFRS changes. Despite this, the company maintains strong momentum in data monetization and plans increased CapEx for 2019. Globe aims to sustain profitability and market share, leveraging its loyal subscriber base and digital services. The company is prepared for new competition in the telecom sector and plans to launch 5G with Huawei as a key partner. Security concerns regarding Huawei are addressed, with Globe confident in its network's integrity after extensive reviews.

What was one of the reasons for the difficulty in comparing Globe's quarterly financial results?

• Increased competition

• A decrease in subscriber base

• New accounting standards

• A change in leadership

What is Globe's approach to maintaining its profit margins?

• Reducing capital expenditure

• Increasing subscriber fees

• Keeping margins stable

• Expanding into new markets

How does Globe view its position in the digital services market?

• As a follower

• As a leader

• As a minor player

• As a newcomer

What is Globe's strategy in response to the potential entry of a third major telco in the Philippines?

• To exit the market

• To merge with another company

• To reduce service offerings

• To enhance its competitive readiness

What historical decision did Globe make regarding its network transformation?

• Partnering with multiple vendors

• Selecting Huawei as a single vendor

• Avoiding any partnerships

• Focusing solely on fixed-line services

What is Globe's plan regarding the launch of 5G technology?

• To launch it next year

• To cancel the launch

• To launch it in the second quarter

• To delay it indefinitely

How does Globe ensure the security of its network?

• By outsourcing all operations

• By avoiding any security measures

• By conducting extensive security reviews

• By relying solely on Huawei