Globe to defend 7-year wireless telco leadership

MANILA -Globe Telecom Inc. is ready to defend the crown it has worn for about seven years now as rival Smart Communications Inc. recently declared its aspiration to reclaim the top spot after the SIM (subscriber identity module) card registration cut their market share gap significantly.

Ernest Cu, president and CEO of the Ayala-led telco, said in a virtual briefing on Tuesday the company’s revenues would not be affected by the decline in subscriber base, noting it had secured nearly all the revenue-generating consumers.

After the July 25 deadline and five-day grace period for SIM registration, competitor Smart said 52.5 million of its users had complied—just 1.2 million lower th…

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