Globe nine-month net soars to P20.6B

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GLOBE Telecom Inc. on Friday announced a 6-percent increase in net income for the first nine months of 2024 to P20.6 billion compared to P19.4 billion in the same period last year.

Excluding a one-time gain from tower sales, the Ayala-led telecom company said that normalized net income would have stood at P17.8 billion, or up 20 percent from a year earlier.

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