Globe Telecom
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.
| Formerly | Globe Wireless Limited (1935–1965) Globe-Mackay (1965–1991) GMCR, Inc. (1991–1998) |
|---|---|
| Company type | Public |
Traded as | PSE: GLO |
| Industry | Telecommunications Remittance Mass media |
| Predecessors | Mackay Radio & Telegraph Company Philippine Press Wireless Clavecilla Radio Corporation |
| Founded | Manila, Philippine Islands (January 15, 1935) |
| Headquarters | Bonifacio Global City, Taguig, Metro Manila , Philippines |
Area served | Philippines |
Key people | Ernest L. Cu (President and CEO) |
| Products | Mobile Telephony Fixed-line Telephony Broadband Services |
| Revenue | ₱151.51 billion (FY 2021) |
Net income | ₱23.72 billion (FY 2021) |
| Total assets | ₱458.5 billion (FY 2021) |
| Owner | Structure - Asiacom Philippines, Inc. (50.81%) - Singtel (20.08%) - Public Stock (15.65%) - Ayala Corporation (13.19%) - Directors, Officers, ESOP (0.26%) |
Number of employees | 8,339 (2020) |
| Subsidiaries | BayanTel Innove Communications Kickstart Yondu 917Ventures GTI Asticom Bethlehem Holdings Kroma Entertainment |
| ASNs | |
| Website | www |
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. 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.
In 2016, Globe introduced its Globe Lifestyle brand as a way to connect to its customers through fashion. It also launched two entertainment divisions: Anima (formerly Globe Studios), which focuses on film and television production, and Globe Live, which focuses on live concerts and musical events.