EasyCall Posts 18% Net Income Growth in 1Q 2018

EasyCall Communications Philippines Inc. (PSE: ECP) posted an 18-percent increase in net income for the first quarter of 2018, building on its strong 2017 performance of 33% growth.

The company’s consolidated service income for the first quarter of the year stood at PhP15.13 million, over 23 percent higher than the same period last year.

EasyCall was the undisputed leader of the local paging industry until the onset of short message service (SMS). In 2001, Delgado-owned Transnational Diversified Group acquired the company, and ventured into the IT-BPO industry and technology services, and eventually data connectivity through very small aperture terminal (VSAT).

Over the years, the company has shifted its efforts to data inclusivity, and is actively exploring new opportunities in the telecommunications space.

“As it is today, there are still so many unserved and underserved parts of the Philippines that could substantially benefit from data connectivity, and we want to be able to bridge the digital gap in the country,” says Zaki Delgado, who was named EasyCall’s president in July 2017.

Through its Certificate of Public Convenience and Necessity (CPCN) that was issued by the National Telecommunications Commission in 2016, EasyCall is primed to engage in new opportunities and expand its business, and Delgado is looking forward to the growth of the industry in the Philippines, in line with the initiatives of the government.

“At the same time, we are seeking more opportunities aligned with AmBisyon Natin 2040, especially on the connectivity infrastructure side,” Delgado adds.