Luis Antonio Hilado

Equity Bottom-Up

<ul><li>Globe has wrested wireless subscriber market share leadership from PLDT with 52% share in end-2016</li><li>Momentum likely remains at its side and to turn the tide PLDT’s new management team may need to undertake disruptive measures</li><li>Combined with a potential new entrant auction coming mid-year, a cloud will probably hover over the Philippine telco sector</li></ul>

Globe has wrested wireless subscriber market share leadership from PLDT with 52% share in end-2016Momentum likely remains at its side and to turn the tide PLDT’s new management team may need to undertake disruptive measuresCombined with a potential new entrant auction coming mid-year, a cloud will probably hover over the Philippine telco sector

Untethered Thoughts: Globe Takes the Belt

Globe Telecom

Untethered Thoughts: Globe Takes the Belt