Globe Telecom Has Significant Momentum Moving Into 2019, Says CEO

Globe Telecom Has Significant Momentum Moving Into 2019, Says CEO

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

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.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Reducing capital expenditure

Increasing subscriber fees

Keeping margins stable

Expanding into new markets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

As a follower

As a leader

As a minor player

As a newcomer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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