Slide 1: SEC Cover Sheet
COVER SHEET w0 0 o 0 1 G L 0 B E T E L E C 0 M N C (Company'sFullName) 5 / F G L O B E T L E C 0 M p L A Z p I 0 N E E C 0 R M A D I S 0 N S T R E E T S M A N A L U Y 0N G C I TY (Business Address No Street City/Town / Province) ALBERTO M. DE LARRAZABAL Company Telephone Number Month Day 00 cl Month
Slide 2: SEC Form 17-C Current Report
Jf a& ilftwriThif m> ft. H R SECURITIES AND EXCHANGE COMMISSION A MAY 0 7 2013 12 SEC FORM 17-C I n CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATIONS CODE (SRC) AND SRC RULE 17(a)-1(b)(3) THEREUNDER 1 7 May 2013 Date of Repor t (Date of earliest event repor ted) 1177 3. 000-768-480-000 S
Slide 3: Financial and Operating Results First Quarter 2013
5/8/2013 GLOBE TELECOM, INC. FINANCIAL AND OPERATING RESULTS FIRST QUARTER 2013 8 MAY 2013 1Q 2013 Highlights: Globe maintains its revenue momentum with 1Q13 matching 4Q12’s record pace, as growth remains broad-based; Core NIAT up 13% Y/Y and 105% Q/Q. Amounts in ₱ Bn Consolidated Service Revenues C
Slide 4: Mobile: Revenues up 3% YoY, as postpaid continues to pace growth
5/8/2013 Mobile: Revenues up 3% YoY, as postpaid continues to pace growth. Total subscribers now stand at 35.1 million, up 13% YoY and 6% QoQ. Mobile Service Revenues Key Mobile Metrics Amounts in ₱ Bn ₱553Mn 1Q Y/Y Q/Q +3% 2013 Change Change ₱162Mn 16.6 17.1 Mobile ₱17.1Bn +3% -1% -1% Revenues Su
Slide 5: Broadband: Revenues and subscriber base grew
5/8/2013 Broadband: Revenues and subscriber base grew by 23% and 17% Y/Y, respectively. Subscriber base now at 1.74 million, up 17% Y/Y and 4% Q/Q. Revenue Growth 1Q13 Revenue Mix Broadband (in Php Mn) 12% +23% 2,486 (1Q12 = 10%) 2,017 Fixed Line Data & Voice 8% (1Q12 = 8%) Mobile 80% (1Q12 = 82%) 1
Slide 6: Network Modernization and IT Transformation updates
5/8/2013 Network Modernization and IT Transformation updates Network Modernization Updates First phase of network modernization, involving change out of various cell sites nationwide, completed. 60% of the Network already on 4G HSPA+ providing faster mobile browsing experience for customers On
Slide 7: Consolidated Financial Highlights
5/8/2013 Consolidated Financial Highlights Y/Y Q/Q 3M13 3M12 1Q13 4Q12 In Php Mn Change Change Service Revenues 21,368 20,246 6% 21,368 21,418 - OPEX & Subsidy 12,592 11,575 9% 12,592 13,563 (7%) EBITDA 8,776 8,671 1% 8,776 7,855 12% EBITDA Margin 41% 43% 41% 37% Depreciation 7,407 4,350 70% 7,407 7
Slide 8: 1Q13 EBITDA and Core Net Income: Lower operating expenses from elevated levels in 4Q12
5/8/2013 1Q13 EBITDA and Core Net Income: Lower operating expenses from elevated levels in 4Q12 results in strong EBITDA and core net income growth Operating Expenses (in Php Mns After-tax) 13,563 36 12,592 194 66 413 334 4Q12 Interconnect Staff Costs Mktg & Subsidy Network Costs Others 1Q
Slide 9: Q&A / Appendix
5/8/2013 Q&A Appendix 7
Slide 10: Appendix: Historical Consolidated Gross/Net Revenues and EBITDA Margin
Appendix 1 Historical Consolidated Gross/Net Revenues and EBITDA Margin (Consolidated Gross Service Revenues Mobile 16,571 16,710 16,577 17,331 17,124 Voice 7,936 8,156 7,978 8,376 7,670 Data 8,635 8,554 8,599 8,955 9,454 Fixed Line & Broadband 3,675 3,811 3,980 4,087 4,244 Broadband 2,017 2,089 2,2