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Globe Telecom

Globe Telecom, Inc.
FormerlyGlobe Wireless Limited (1935–1965)
Globe-Mackay (1965–1991)
GMCR, Inc. (1991–1998)
Company typePublic
PSEGLO
IndustryTelecommunications
Remittance
Mass media
PredecessorsMackay Radio & Telegraph Company
Philippine Press Wireless[1]
Clavecilla Radio Corporation[2]
FoundedManila, Philippine Islands
(January 15, 1935 (1935-01-15))
Headquarters,
Area served
Philippines
Key people
Jaime Augusto Zobel de Ayala (Chairman)
Ernest L. Cu (President and CEO)
Carl Raymond R. Cruz (incoming Deputy CEO)[3]
Juan Carlo Puno (CFO)[4]
ProductsMobile Telephony
Fixed-line Telephony
Broadband Services
RevenueIncrease ₱162.33 billion (FY 2023)[5]
Decrease ₱24.58 billion (FY 2023)[5]
Total assetsIncrease ₱611.63 billion (FY 2023)[5]
OwnerStructure
- Asiacom Philippines, Inc. (52.36%)
- Singtel (22.26%)
- Ayala Corporation (14.62%)
- Public Stock (10.31%)
- Directors, Officers, ESOP (0.46%)
Number of employees
7,542 (2023)[5]
SubsidiariesBayanTel
Innove Communications
Kickstart
Yondu
917Ventures
GTI
Asticom
Bethlehem Holdings
Kroma Entertainment
ASNs
Websitewww.globe.com.ph

Globe Telecom, Inc., commonly shortened as Globe, is a major provider of telecommunications services in the Philippines. The company operates the largest mobile network in the Philippines and one of the largest fixed-line and broadband networks. As of November 2023, Globe has 54.7 million subscribers, making it the second largest network in terms of subscriber base.[6]

The company's principal shareholders are Ayala Corporation and Singtel. It is listed on the Philippine Stock Exchange under the ticker symbol GLO.

Globe offers commercial wireless services through its 2G, 3G, 3.5G HSPA+, 4G LTE, and LTE-A networks, with 5G currently being deployed in key areas in the Philippines.[7] Its 5G coverage is available in over 3,000 locations all over the country, and nearly 100% of the population in the National Capital Region, Davao City, and Cebu.[8][9]

In 2016, Globe introduced its Globe Lifestyle brand as a way to connect to its customers through fashion.[10] It also launched two entertainment divisions: Anima (formerly Globe Studios), which focuses on film and television production, and LiveMNL (formerly Globe Live), which focuses on live concerts and musical events.[11]

  1. ^ Cite error: The named reference globehistory was invoked but never defined (see the help page).
  2. ^ Cite error: The named reference form20f was invoked but never defined (see the help page).
  3. ^ Ballesteros, Angelica (October 23, 2024). "Globe Telecom announces new CEO, Carl Raymond Cruz". Manila Bulletin. Retrieved October 23, 2024.
  4. ^ Cabuenas, Victor (September 16, 2024). "Juan Carlo Puno appointed as next Globe CFO". GMA Network. Retrieved September 16, 2024.
  5. ^ a b c d "Globe Integrated Report".
  6. ^ Piad, Tyrone Jasper C. (November 8, 2023). "Smart snaps Globe's 7-year subscriber lead". INQUIRER.net. Retrieved November 8, 2023.
  7. ^ "Globe Telecom says 5G service now covers 17 cities nationwide". Business World. November 19, 2020.
  8. ^ "Globe more than doubles 5G footprint, reaches 70 cities, towns nationwide". Philstar.com. Retrieved January 9, 2023.
  9. ^ "Globe 5G Network Technology and Coverage". Globe 5G Network Technology and Coverage. January 9, 2023.
  10. ^ "Globe Lifestyle launches 1st apparel lineup with 0917 & Pop Art collections | Newsroom | Globe Telecom". newsroom.globe.com.ph. Archived from the original on September 23, 2018. Retrieved September 23, 2018.
  11. ^ "Globe reveals new content partners, Globe Studios and Globe Live". Philippine Daily Inquirer. June 29, 2016.

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