Globe Telecom is entering the next phase of its digital and business transformation with a clear message to the market: disciplined execution and operational efficiency remain powerful growth engines, even in a challenging environment.
Backed by a stronger balance sheet and improving cash generation, the company is positioning itself to deploy capital where it delivers the greatest impact—on connectivity, innovation, and customer value.
For the first nine months of 2025, Globe posted consolidated gross service revenues of ₱121.7 billion, underscoring the resilience of its core businesses. Data-centric services continued to anchor performance, accounting for 88 percent of total revenues at ₱106.8 billion, while net income reached ₱17.7 billion over the same period.
The results highlight sustained demand for mobile data, broadband, and enterprise digital solutions, reinforcing Globe’s deliberate shift toward a data-driven, digital-first operating model.
Capital discipline remains a defining feature of this strategy. Capital expenditures for the first nine months of 2025 stood at ₱31.4 billion, down 23 percent year-on-year and equivalent to just 26 percent of gross service revenues.
This tighter, more targeted approach to spending allows Globe to focus on high-impact, data-related investments that expand digital capacity and strengthen nationwide connectivity. By aligning innovation closely with customer demand, the company continues to help more Filipinos participate meaningfully in the digital economy.
Momentum in cash generation has further strengthened Globe’s flexibility. By mid-2025, the company achieved positive free cash flow before dividends—earlier than initially projected—and is on track to sustain this position through the remainder of the year.
This improved cash profile enables Globe to respond more decisively to market opportunities, accelerate network and digital initiatives, and support long-term growth across its consumer and enterprise segments.
“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. “It allows us to move quickly on opportunities, deliver meaningful value to our customers, and ensure that Globe remains at the forefront of innovation and connectivity in the Philippines.”
Looking ahead, Globe is sharpening its focus on seamless connectivity, a broader digital solutions portfolio, and enterprise innovation.
By translating financial strength into purposeful investments, the company aims to remain agile and resilient—turning balance-sheet discipline into sustained growth and long-term value for customers, partners, and the Filipino public.
For more information about Globe, visit www.globe.com.ph.