ABS-CBN LogoABS-CBN Convergence partnered with Globe in 2013 for a five-year network sharing agreement to deliver content and telecommunications services on mobile devices through its ABS-CBNmobile brand. The network sharing agreement will expire in 2018.
After a thorough assessment, ABS-CBN Convergence deemed its current mobile business model to be financially unsustainable. As a result, ABSCBN Convergence and Globe reached an agreement not to renew their mobile network sharing agreement and to look at more profitable opportunities in the content business.
ABS-CBN and Globe are exploring new ways and synergies that complement their business models. Leveraging on ABS-CBN’s expertise as top content provider to the Filipino audience and the vast reach of Globe as the leading telecommunications company, both companies have decided to shift their focus in maximizing synergies.
These product synergies include the promotional bundling of ABS-CBN TVplus boxes with Globe at Home prepaid WiFi and the availability of ABS-CBN TVplus’ KBO (Kapamilya Box Office) and iWant TV over-the-top services to all Globe subscribers, which are already commercially available.
Meanwhile, all ABS-CBNmobile prepaid, postpaid and SKY Mobi subscribers will continue to enjoy text, call and data services until the final date that will be approved by the National Telecommunications Commission. (Story/Photos by: Kane Choa)