Singapore Telecommunications : Singtel Investor Day 2023 - Globe

Singtel Investor Day 2023

24 August 2023 | The St. Regis, Singapore

Sustained topline improvement on the back of data revenue growth as well as robust contribution from non-telco services

SERVICE REVENUES

▲2%

▲1%

Consolidated revenues rose +2% YoY,

backed by the data revenue growth across

mobile and corporate data businesses

Record 2Q23 and 1H23 levels

Globe BOD approved 3Q23 dividend of

Php25/share, reiterating commitment to a

sustainable dividend policy

EBITDA

▲5%

▼3%

EBITDA relatively flat YoY; EBITDA margin

still within Globe's guidance for the year

GLOBE GROUP UPDATES:

First closing of 115 towers with Unity for

Php1.4Bn last July. The company has raised

Php49.3Bn from closings to date.

NORMALIZED NIAT

▲14%

▼5%

Solid topline growth and an expansion in

margins led to sequentially higher 1H23

Normalized NIAT

STT GDC Philippines broke ground on

potentially the largest and most

interconnected carrier-neutral data centre

in the country.

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Non-telco businesses sustained YoY growth, equivalent to 3.5% of conso GSR; Mynt now contributes 5.1% of Globe NIBT

TOTAL

1H23 NON-TELCO
REVENUES	YoY Change
Php 2.8Bn
in Revenue
Contribution
+52% YoY	to GSR

▲36% ▲123% ▲50% ▲66% ▲52%

1.6% 0.6% 0.8% 0.5% 3.5%

		Vega	TOTAL	1H23 MYNT
Equity Share				EQUITY SHARE
1.0	0.2	1.1
in Affiliates
(in Php Bn)
				Php
Contribution
5.1%	1.0%	5.6%	972Mn
to NIBT	+63% YoY | +40% QoQ

3

Mobile business sustained 1% growth YoY driven by

increased mobile data consumption

MOBILE SUBSCRIBERS

mn 82.9 ▼5% YoY ▼2% QoQ

MOBILE DATA USERS

mn 37.5 ▼2% YoY ▲1% QoQ

MOBILE DATA TRAFFIC

pb 2,814 ▲29% YoY ▲8% QoQ

MOBILE DATA MONTHLY ATPU

	13.0	▲34% YoY
gb		▲9% QoQ

Php		Solid topline
	growth despite
54.8Bn
Voice	the extended
	SMS	macroeconomic
▲1% YoY	Data	pressures
▲2% QoQ

	Data	Voice	SMS	Total
Revenue	44.0	6.8	4.0	54.8
(in Php Bn)
QoQ	▲3%	▼2%	▼1%	▲2%
Change
YoY	▲5%	▼13%	▼10%	▲1%
Change

4

Globe logged over 53.7Mn SIM registrants, which covers

over 99% of its revenue generating base

Globe has logged over 53.7Mn SIM registrants as of July 30, 2023

• Equivalent to 62% of our total number of subscribers as of December 2022
• Represents over 99% of its revenue generating subscriber base
• Surge in registrations due to last- minute subscriber efforts coupled with platform limitations

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