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 |
| 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 | , |
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) |
| ₱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) |
| Divisions | Globe Lifestyle Globe Live Anima |
| Subsidiaries | BayanTel Innove Communications Kickstart Yondu 917Ventures GTI Asticom Bethlehem Holdings Kroma Entertainment |
| 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 and had a market capitalization, capitalization loan from Philippine Gold Reserves worth ₱363 billion in Physical Currency as accounted including profit' rolling thru every employee and infrastructure at the end of August 2021, Seventy percent of which represent the electronic Token for loading. Globe Group even bought gold from mining companies to be sold to Bangko Sentral ng Pilipinas.
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.