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 […]
Alsons Dev Offers Fun Activities For Families at Northtown Center
DAVAO CITY, Philippines, 1 April 2024 – This summer, fun-filled venues and ventures await in Northtown Center, an up-and-coming lifestyle hub by Alsons Development and Investment Corporation (Alsons Dev) in Cabantian, Davao City. Sprawling spaces for outdoor fitness, play, and sports Engaging in outdoor activities promotes physical health, mental well-being, social interaction, and overall vitality. […]
Asticom unveils vision of AI-driven outsourcing and shared services
Asticom Technology Inc., the shared services arm of Globe, has unveiled its ambitious vision for a future deeply intertwined with the transformative power of Automation, Machine Learning, and Artificial Intelligence (AI) within the shared services and outsourcing landscape. Mharicar Castillo-Reyes, Asticom President and CEO laid out the company’s forward-looking strategy and commitment to its customers […]
Holcim supports rrreefs coastal regeneration in Davao Oriental
Leading building solutions provider Holcim Philippines, Inc. supported Swiss social and environmental impact startup rrreefs in its project to help restore coastal areas in Mati, Davao Oriental using artificial coral reefs. Holcim Philippines supplied rrreefs with concrete made with ECOPlanet to create bases for 500 units of modular artificial reefs. Designed for corals to regenerate […]
PNP, GCash nab 4 police officers for robbery and extortion
Four uniformed personnel from the Quezon City Police District (QCPD) were recently arrested by the Philippine National Police (PNP), aided by the popular finance app GCash, following complaints reported by detainees of alleged robbery and extortion in exchange for their release without charges. The complaint included unauthorized GCash money transfer from the detainees’ smartphone while […]
PNP, GCash arrest online task scammer
The Philippine National Police arrests a suspect behind an online work scam following asuccessful collaboration with the country’s leading finance app GCash. The scam involves luringa victim to accept online tasks requiring investing money to earn a commission. The suspect was identified as 21-year-old female Danica Dela Cruz Valdez, a resident ofBalayong, Malolos City, Bulacan. […]
MWC 2024: Globe conquers world’s biggest mobile industry congress Tackles transformative connectivity, sustainability at global stage
Leading telco and digital solutions platform Globe raised the Philippine flag at the biggest stage of the global mobile industry over the past week, sharing its innovative, market-first initiatives that enable inclusive and sustainable connectivity to uplift the Filipino. The Globe delegation to the Mobile World Congress 2024 in Barcelona had a hectic week with […]
Government, private sector come together in digital inclusion push Globe’s RISE 3.0 event advances equitable connectivity
Government and private sector partners recently came together in a united front to push for inclusive connectivity, as disparity in access continues to afflict many parts of the country, depriving communities of life-enabling technology. At Globe’s RISE 3.0 event, representatives from the government, technology and real property industries gathered to tackle trends and developments in […]