Telecommunications company Globe Telecom posted consolidated gross service revenues of ₱121.7 billion for the first nine months of 2025, with data-related services accounting for 88% or ₱106.8 billion. Net income for the period reached ₱17.7 billion.
The company attributed the results to the continued demand for mobile data, broadband, and enterprise digital services, as it continues to focus on data and digital businesses.
“Strengthening our financial position gives us the flexibility and confidence to make strategic investments in areas that will have the greatest impact, from expanding high-speed broadband and 5G to scaling enterprise solutions and digital platforms,” said Carl Cruz, president and CEO of Globe. “It allows us to act quickly on opportunities, deliver meaningful value to our customers, and ensure that Globe continues to be at the forefront of innovation and connectivity in the Philippines.”
Capital spending for the first nine months of 2025 totaled ₱31.4 billion, down 23% from a year earlier and equivalent to 26% of gross service revenues. Globe said this approach allows the company to focus spending on projects that directly support data services and network needs.
By mid-2025, Globe generated positive free cash flow before dividends, earlier than its original target. The company said it plans to maintain this position for the rest of the year to support network upgrades and digital investments.
Globe said its priorities remain improving connectivity, expanding digital services, and supporting enterprise customers, as it aligns spending with customer demand and long-term business sustainability.