Finally, all Globe prepaid load is now valid for 1 year

Darryl Esguerra
PUBLISHED July 5, 2018 11:46 am | UPDATED July 5, 2018 03:03 pm
Freepik.com

(Inside Manila) Telecommunications giant Globe has announced that all of its prepaid load will be valid for one year effective Thursday, July 5 in acquiescence to the ruling implemented by the government last year.


"Effective July 5, 2018, all Globe prepaid load, including those with denominations below P300, will carry a one-year expiration period," Globe said in a statement.


The move is in full compliance with Memorandum Circular No. 05-12-2017 issued jointly by the National Telecommunications Commission (NTC), the Department of Information and Communications Technology (DICT), and Department of Trade and Industry (DTI), extending the validity of all prepaid load to one year.


READ: Prepaid load now good for one year regardless of amount


The rule on the one-year validity of all prepaid load of telecommunication companies was supposed to apply to all prepaid load denominations starting January 5, but the telco firms requested an extension, which the DICT later granted.


On January 6, Globe and other carriers, including another giant Smart, started implementing the one year expiration period for prepaid load worth P300 and above.  


And with the new announcement, finally, all Globe prepaid loads, regardless of amount, will be good for one year.


The development will give some 130 million cellphone users in the country more time to use their prepaid loads.


This is also meant to help Micro, Small, and Medium Enterprises (MSMEs), as well as to protect consumers. According to the DTI, MSMEs make up 99.5% of the country's economy.

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