Driven by increased subscription of its wireless landline service, first half revenues of Bayan Telecommunications (Bayantel) grew 18 percent to P3.07 Billion from Php2.6 Billion during the same period last year.The 30 percent year-on-year growth of its Bayan wireless landline (BWL) subscribers, which totaled 160,000 as of end June, beat industry growth of –4 percent during the same period.
BWL offers unlimited local calling and texting within Metro Manila and free intra-Bayantel landline calls and texts nationwide. BWL services appeal to those who are on-the-go but prefer to use portable handsets to reach other landlines.
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Lower revenues pulled down the net income of Globe Telecom Inc, the country's second-largest cellular service company, for the year's first six months.
