About Globe Telecom
Globe Telecom is a company based in Cabanatuan City (Philippines) founded in 1935.. Globe Telecom has completed 3 acquisitions, including Cascadeo, ECPay and Third Pillar. Globe Telecom operates in a competitive market with competitors including Jio, MTN, Airtel, KT and Optus, among others.
- Headquarter Cabanatuan City, Philippines
- Stage Public
-
Sectors
Telecommunications
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Globe Telecom Inc.
-
Annual Revenue
$3.11 B (USD)0.23as on Dec 31, 2024
-
Net Profit
$418.66 M (USD)-0.85as on Dec 31, 2024
-
EBITDA
$1.48 B (USD)6.08as on Dec 31, 2024
-
Latest Funding Round
$263 M (USD), Debt – Conventional
Sep 27, 2023
-
Investors
Metrobank
& 2 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
Cascadeo
& 2 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Globe Telecom
Globe Telecom is a publicly listed company on the PSE with ticker symbol GLO in Philippines, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Unlock access to complete
Unlock access to complete
Software Development Team
61 people
Sales and Marketing
46 people
Leadership Team
42 people
Human Resources and Administration
15 people
Finance and Accounting
14 people
Head Team
9 people
Product Management Team
8 people
Senior Team
7 people
Unlock access to complete
Funding Insights of Globe Telecom
- Total Funding Total Funding
- Total Rounds 7
- Last Round Debt – Conventional — $263.0M
-
First Round
First Round
(25 Mar 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Debt – Conventional - Globe Telecom | Valuation |
investors |
|
| Dec, 2018 | Amount | Debt – Conventional - Globe Telecom | Valuation |
investors |
|
| Dec, 2018 | Amount | Debt – Conventional - Globe Telecom | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Globe Telecom
Globe Telecom has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Metrobank, China Bank and Bank of the Philippine Islands. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Commercial bank
|
Founded Year | Domain | Location | |
|
Commercial banking services are offered in the Philippines.
|
Founded Year | Domain | Location | |
|
Commercial banking services are provided with international reach.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Globe Telecom
Globe Telecom has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Cascadeo, ECPay and Third Pillar. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of management consulting services
|
2013 | ||||
|
Cloud DevOps solutions for integration, deployment, and automation are provided.
|
2006 | ||||
|
Agent-based payment solutions are facilitated for transactions.
|
2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Globe Telecom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Globe Telecom Comparisons
Competitors of Globe Telecom
Globe Telecom operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jio, MTN, Airtel, KT and Optus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of telecommunication services
|
|
| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
|
|
| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
|
|
| domain | founded_year | HQ Location |
Provider of voice, data, and internet services
|
|
| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
|
|
| domain | founded_year | HQ Location |
Integrated telecom service provider
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Globe Telecom
Frequently Asked Questions about Globe Telecom
When was Globe Telecom founded?
Globe Telecom was founded in 1935 and raised its 1st funding round 78 years after it was founded.
Where is Globe Telecom located?
Globe Telecom is headquartered in Cabanatuan City, Philippines. It is registered at Cabanatuan City, Nueva Ecija, Philippines.
Who is the current CEO of Globe Telecom?
Ernest Cu is the current CEO of Globe Telecom.
What is the annual revenue of Globe Telecom?
Annual revenue of Globe Telecom is $3.11B as on Dec 31, 2024.
What does Globe Telecom do?
Globe Telecom was established in 1935 in Cabanatuan City, Philippines, within the telecommunications sector. Broadband internet, Wi-Fi access, international calling, and roaming services are delivered to customers across the region. Operations focus on connectivity solutions for mobile and fixed-line users, with the domain globe.com.ph supporting online interactions. Leadership is provided by CEO Ernest Cu, overseeing service expansion in the Philippine market.
Who are the top competitors of Globe Telecom?
Is Globe Telecom publicly traded?
Yes, Globe Telecom is publicly traded on PSE under the ticker symbol GLO.
How many acquisitions has Globe Telecom made?
Globe Telecom has made 3 acquisitions, including Cascadeo, ECPay, and Third Pillar.
Who are Globe Telecom's investors?
Globe Telecom has 3 investors. Key investors include Metrobank, China Bank, and Bank of the Philippine Islands.
What is Globe Telecom's ticker symbol?
The ticker symbol of Globe Telecom is GLO on PSE.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.