Globe keeps capex below $1B in 2025, aims for free cash flow
Globe is maintaining its reduced capital expenditures (capex) in 2025, keeping it under $1 billion as the company works toward achieving positive free cash flow.
Globe cuts Q1 capex to P13.7 billion
Globe is optimizing its capital expenditure (capex) by investing P13.7 billion in the first quarter of 2024, marking a 22% reduction compared to the same period last year. According to…
Globe focuses on capital efficiency for 2023 CAPEX budget
Digital solutions platform Globe has announced a capital expenditure (CAPEX) budget of approximately $1.3 billion this year, a reduction of over 30% from the 2022 record CAPEX spending as the…