GLOBE: Building a sustainable future by creating a positive impact on both society and the environment
Globe’s Sustainability practice is anchored on Globe Purpose, “Uplift Filipino Lives Everyday”. By aligning with global sustainability frameworks, standards, and principles such as the United Nations’ Sustainable Development Goals (UN SDGs) and UN Global Compact and industry sustainability ambitions, the company is able to collaborate with its stakeholders to deliver positive societal and environmental impact. […]
GLOBE: Non-Telco Revenues dropped 60% YoY but Share in Equity Earnings from Affiliates grew by 230%
Globe has evolved beyond the core telco business into a strengthened digital ecosystem of products and services that target the needful sectors in financial inclusion, healthcare, education, environment, business enablement, and more. From its core telco business, Globe has grown its portfolio with ventures in financial technology, healthcare, edutech, climatech, entertainment, adtech, e-commerce, manpower, information […]
2024 CAPEX STOOD AT P13.7 BILLION, DOWN 22%
As of the first three months of the year, Globe invested P13.7 billion in capital expenditure (capex), lower by 22% than the similar period of 2023. This effort to reduce its capex spending is in line with the Company’s continued focus on optimizing capital deployment and bringing free cash flows into positive territory by 2025. […]
GLOBE ANNOUNCES FIRST THREE MONTHS 2024 FINANCIAL AND OPERATING RESULTS
Globe’s1 consolidated gross service revenues grew by 3% to P41.1 billion in the first three months of 2024, despite the decline in home broadband and non-telco services. This strong performance was fueled by the robust growth of its mobile and corporate data businesses, which accounted for 83% of the topline. Mobile revenues grew 8%, and […]
Globe’s Hapag Movement reaches international donors via partnership with UN World Food Programme
Globe has partnered with the United Nations World Food Programme (WFP) to open up the Hapag Movement to international donors, launching the collaboration on World Hunger Day to spotlight the lingering hunger problem in the Philippines. Driving on the positive momentum the Hapag Movement has built over the past two years, this landmark collaboration takes […]