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 […]
Building Davao Together: Alsons Dev’s commitment to building and nurturing communities
Davao City, Philippines – Davao’s leading property developer, Alsons Development and Investment Corporation (Alsons Dev), celebrates Araw ng Davao with a renewed commitment to build and nurture lasting communities. For over sixty years, Alsons Dev has actively supported the economic and physical transformation of the largest city in Mindanao by creating iconic commercial and residential […]
Now Playing: Nexus Baicon Fan Fair 2024 Ignites Cebu City with Gaming Fervor!
The gaming community is buzzing with excitement at the Nexus Baicon Fan Fair 2024, an electrifying two-day event presented by Tier One Entertainment and organized by Republiq Group of Companies, currently taking place at the Sky Hall Seaside in Cebu City. This spectacular gathering is a haven for gamers and fans alike, offering a plethora […]
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 […]
Luxury Meets Performance: Honda launches flagship BF350 Outboard Engine with powerful V8 350-horsepower engine in PH
Tanauan City, Batangas – April 16, 2024 – Honda Power Products announced today the availability of The All-New BF350 Large-size Outboard engine equipped with a powerful V8 350-horsepower engine in the country. This flagship model represents the latest in Honda’s marine outboard technology, combining unparalleled power, fuel efficiency, and advanced features to elevate the boating […]
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 […]
Globe ‘malasakit’ to customers seen in aftermath of Davao floods
In response to severe flooding that affected the Davao del Norte and Davao de Oro lowlands in January, Globe swiftly mobilized relief operations and communication support to assist affected families and individuals. The initiative is part of the company’s longstanding commitment to embody “malasakit,” a core value that translates to genuine care and compassion for […]
Globe partners with 15 VisMin universities to shape future-ready youth
Leading digital solutions platform Globe has partnered with 15 schools and universities across Visayas and Mindanao to empower the youth through invaluable practical knowledge, opportunities for skills development, and career exploration. “Globe is dedicated to providing the youth of Visayas and Mindanao with tools and knowledge necessary for their future success. We aim to create […]