Globe expands 5G network with 27 new sites, increasing outdoor coverage across PH
Globe, the country’s mobile leader, deployed 27 new 5G sites across the Philippines in Q1 2024 as part of its commitment to providing cutting-edge technology and superior connectivity to its customers. The rollout further boosts Globe’s 5G outdoor coverage, reaching an impressive 98.35% in the National Capital Region (NCR) and 92.86% in key cities in […]
Globe network reaches over 500 isolated areas across PH
Globe continues to spearhead efforts to bridge the digital divide by bringing connectivity to remote areas across the country, with its network now reaching over 500 Geographically Isolated and Disadvantaged Areas (GIDAs). By helping improve the country’s digital infrastructure, Globe connects remote communities, enabling residents to access vital online services, educational resources, and economic opportunities […]
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: 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’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 […]
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 […]
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 […]
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 […]