Globe earnings up 18% to P11.7 billion

Globe Telecom Inc. booked P11.7 billion in first-semester core earnings, an 18-percent growth buoyed by high contributions from its mobile and corporate data businesses. In a stock exchange filing on Tuesday, the Ayala-backed telecommunications giant pointed out that its core net income would have climbed by 21 percent if ECPay was de-consolidated from Globe’s books
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