Globe Telecom is entering the next phase of its digital and business transformation, demonstrating that disciplined financial management and operational efficiency can fuel sustainable growth even amid a challenging market environment. With a strong balance sheet and improved cash generation, the company is well-positioned to pursue strategic investments that deliver the greatest impact and long-term value.
For the first nine months of 2025, Globe posted consolidated gross service revenues of ₱121.7 billion, underscoring resilient demand across its core businesses. Data-centric services continued to anchor performance, accounting for 88% of total revenues, or ₱106.8 billion, while net income reached ₱17.7 billion over the same period. These results highlight the sustained growth in mobile data, broadband, and enterprise digital solutions, reinforcing Globe’s shift toward a data-driven, digital-first operating model.
Capital discipline remains a cornerstone of Globe’s strategy. Capital expenditures for the first nine months of 2025 totaled ₱31.4 billion, down 23% year-on-year and equivalent to just 26% of gross service revenues. This measured approach to spending enables the company to channel resources into high-impact, data-related initiatives, while continuing to expand network capacity and nationwide connectivity. By aligning investments closely with customer demand and innovation, Globe aims to empower more Filipinos to participate in a digitally connected economy.
By mid-2025, Globe achieved positive free cash flow before dividends, earlier than initially projected, and expects to sustain this momentum through the rest of the year. The strengthened cash position provides greater financial flexibility, allowing the company to respond swiftly to market opportunities, accelerate network and digital investments, and support long-term growth.
“Strengthening our financial position gives us the flexibility and confidence to make strategic investments in areas that will have the greatest impact—from expanding high-speed broadband and 5G to scaling enterprise solutions and digital platforms,” said Carl Cruz, President and CEO of Globe. “This allows us to act decisively on opportunities, deliver meaningful value to our customers, and ensure Globe remains at the forefront of innovation and connectivity in the Philippines.”
Looking ahead, Globe remains focused on delivering seamless connectivity, expanding its digital solutions portfolio, and driving innovation across the enterprise sector. By translating financial strength into strategic action, the company aims to sustain growth and create lasting value for customers, partners, and the broader Filipino community.
For more information about Globe, visit http://www.globe.com.ph