MVP acknowledges Globe lead over PLDT
The chairman and CEO of PLDT admitted that the company is losing in terms of market share.
Manuel V. Pangilinan, or more famously known as MVP, acknowledges the lead of main rival, Globe Telecom. In his defense, MVP said that they have cleaned up inactive accounts in order to achieve higher quality subscriber base hence the dip in number for 2016
Also, the chairman wants to focus on total telco revenue in which PLDT still has the biggest number of P118.9 billion in the January to September period in 2016, while Globe reported P89 billion.
In a report published by Mobile World Live, Globe has finished 2016 with 66.6 million subscribers, surpassing Smart’s 62.1 million. From 32% market share in 2012, Globe now has 52% market share according to GSMA Intelligence.