More households signed up for Globe’s fiber internet, while mobile customers used more data in the first nine months of 2026. Fiber subscribers grew 30% from a year earlier, helping increase the company’s revenues alongside mobile and business internet services.
Telecommunications company Globe earned ₱129 billion from its services, up 6% from a year earlier. About 90% came from data-related services. Revenues from data services for businesses grew 10%, while mobile and home broadband revenues each increased 6%.
“EBITDA increased 6% to a new nine-month high of ₱68.0 billion, while our margin remained healthy at 52.7%,” said Carl Cruz, president and CEO of Globe. “These results reinforce our confidence that our focus on customer engagement, monetization, and disciplined investment is building a stronger foundation for long-term value creation.”
Despite higher revenues, net income fell 7% to ₱16.5 billion, partly because of higher interest expenses and depreciation, which reflects assets losing value over time.
Mobile subscribers used an average of about 17 gigabytes of data monthly, compared with 15 gigabytes a year earlier. Globe said customers used data for video streaming, social media, gaming, online shopping, work and AI apps, and digital payments.
The amount of data carried daily on Globe’s mobile 5G network increased 84% between December 2025 and September 2026. The company linked this to more widely available and affordable 5G devices.
GFiber Prepaid reached 1.2 million subscribers. Fiber connections generated about 93% of home broadband revenues, up from 91% a year earlier, while fewer customers used older fixed wireless services.
Globe Business earned ₱16.5 billion from corporate data services. Demand came from international connections, internet access, and business software. However, third-quarter revenues fell 7% from the previous quarter, mainly because domestic data services brought in less revenue.
“As we enter the final quarter, we are mindful of the persistent inflationary pressures and tighter household budgets, which could weigh on consumer spending and Globe’s overall performance. Nevertheless, connectivity remains an essential household expenditure, and we are encouraged by the prospect of stronger seasonal demand in the fourth quarter, which could help mitigate these pressures and support our growth momentum,” Cruz said.