Globe

Globe is a Philippines-based telecommunication company that provides broadband, fixed-line internet and related services for residential and commercial sectors. Read more

Ernest L. Cu's photo - President & CEO of Globe

President & CEO

Ernest L. Cu

CEO Approval Rating

78/100

Founded:

1935

Status:

PublicIndependent CompanyPSEGLO

GLOBE TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

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DITO is the biggest rival of Globe. DITO is headquartered in Taguig, Other, and was founded in 1998. Like Globe, DITO also operates in the Telecommunication Services space. DITO generates 4.44% the revenue of Globe.

PLDT is Globe's #2 competitor. PLDT is a Public company that was founded in Makati, Other in 1928. Like Globe, PLDT also works within the Telecommunication Services sector. PLDT has 10,353 more employees vs. Globe.

Smart Communications Inc has been one of Globe's top competitors. Smart Communications Inc's headquarters is in Makati, Other, and was founded in 1991. Smart Communications Inc operates in the Telecommunication Services industry. Smart Communications Inc generates 5.92% of Globe's revenue.

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Globe Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$3.4B

Globe's revenue is the ranked 10th among it's top 10 competitors. The top 10 competitors average 12.6B. Over the last four quarters, Globe's revenue has grown by 23.8%. Specifically, in Q1 2021's revenue was $882.5M; in Q4 2020, it was $1B; in Q3 2020, it was $756.6M; in Q2 2020, Globe's revenue was $712.6M.

Globe Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Third Pillar Business Applications, Inc.

Aug 2020

Source »
$3.5M
Third Pillar is an IT consulting firm that offers E-procurement, CRM, data governance and SAP consulting services for enterprises.
Cascadeo Corporation

Apr 2020

Source »
$4M
Cascadeo provides cloud consulting, migration and automation services for the information technology sector.
Yondu, Inc.

Sep 2019

Source »
$9.6M
Yondu is a content developer and provider of mobile value-added services and information technology services.
Bayan Telecommunications Inc.

Aug 2016

Source »
undisclosed
-

These are all the companies that Globe has acquired. Globe has acquired 4 companies and its latest acquisition was Third Pillar Business Applications, Inc. in Aug 2020. Third Pillar is an IT consulting firm that offers E-procurement, CRM, data governance and SAP consulting services for enterprises.

Globe Funding History

Since Globe was founded in 1935, it has participated in 10 rounds of funding. In total Globe has raised $1.5B. Globe's last funding round was on May 2021 for a total of $100.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Post-IPO Debt
May 2021
$100M

Bank of China (Hong Kong) Ltd

Debt
Dec 2020
$104M
Debt
Jun 2020
$60M
Debt
Dec 2019
$98.8M
Debt
Dec 2018
$40M

Since Globe was founded in 1935, it has participated in 10 rounds of funding. In total Globe has raised $1.5B. Globe's last funding round was on May 2021 for a total of $100.0M

Globe Investments

No recent investments found related to Globe

These are all the companies that Globe has invested in. Globe has invested 4 companies and its latest investment was Third Pillar Business Applications, Inc. in Aug 2020. Third Pillar is an IT consulting firm that offers E-procurement, CRM, data governance and SAP consulting services for enterprises.

Globe News

June 16, 2021BusinessMirror

Globe unit to focus on 7 verticals

Globe Telecom Inc.'s venture builder subsidiary will develop more digital solutions for seven industr... See more »
June 14, 2021Adobo Magazine

Globe myBusiness and PSIA deem connectivity and digital tools essential for MSMEs

MANILA, PHILIPPINES - Today's evolving business environment challenges companies to adapt and pivot o... See more »
June 10, 2021Inquirer

Globe activating 5G roaming in US, Canada ahead of travel comeback

Globe Telecom users traveling to North America can access 5G roaming services in the coming week as t... See more »
June 8, 2021Picante Today

Lynx Global Subsidiary DA5 Announces Partnership with Globe Telecom's GCash

Vancouver, British Columbia-(Newsfile Corp. - June 8, 2021) - Lynx Global Digital Finance Corporation... See more »
June 5, 2021Edge Davao

HomeSURF99 now offers 15GB for 5 days with Globe At Home Prepaid WiFi

The demand for a stable yet affordable internet service remains to be high. As the global health cris... See more »
May 31, 2021BusinessMirror

Globe obtains 799 permits in Q1 to build cell towers

Globe Telecom Inc. has secured a total of 799 tower permits in the first quarter, allowing it to...... See more »
May 31, 2021Telecompaper

Globe deploys 11 cell towers, upgrades 103 sites in Bukidnon province

(Telecompaper) Philippines operator Globe Telecom reports it has installed 11 new cell towers in Buki... See more »

Globe Press Releases

August 7, 2019GlobalNewswire

Globe partners with Amdocs to accelerate rollout of innovative 5G services

Amdocs 3GPP compliant policy control function will enable Globe to offer high-speed, low-latency tier... See more »
January 11, 2019Thailand Press Release News

Globe Telecom, CAP back proposed Philippine Online Infringement Act

As the Philippines# leading advocate against online piracy through #PlayItRight, Globe Telecom, along... See more »
July 31, 2018GlobeNewswire

Amdocs, Amazon Web Services gear up Globe for meaningful digital customer engagement

Cloud native capabilities give Globe Telecom the flexibility and agility to bring customer interactio... See more »
March 8, 2018TheNewswire

NuRAN Receives a Repeat Purchase Order from Globe Telecom

Tickers: XCNQ:NUR, PINX:NRRWFTags: Technology, TelecommunicationsQuebec, QC, Canada / TheNewswire / M... See more »
September 11, 2017ldmicro

Globe Awards Gilat Five Year Multi-Million Dollar Contract for Managed Service Satellite Backhaul for Cellular Services

Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), a worldwide leader in satellite networking t... See more »
April 12, 2017Blackbird

Disaster Recovery Solutions and Cloud-based Contact Centers to Drive Market Momentum - Research and Markets

DUBLIN-(BUSINESS WIRE)-Research and Markets has announced the addition of the "The Philippines Cloud ... See more »

Globe Videos

Social Media

Globe Headquarters

32nd Street corner 7th Avenue

Bonifacio, Other1634

632-730-1000

Driving Directions »

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Globe Summary

ABOUT

Overview

Globe is a Philippines-based telecommunication company that provides broadband, fixed-line internet and related services for residential and commercial sectors. Globe was founded in 1935. Globe's headquarters is located in Bonifacio, Other, PH 1634. I...

CEO

Globe's President & CEO, Ernest L. Cu, currently has an approval rating of 78%. Globe's primary competitors are DITO, PLDT & Smart Communications Inc.

Frequently Asked Questions about Globe

  1. When was Globe founded?

    Globe was founded in 1935
  2. Who is Globe's CEO?

    Globe's CEO is Ernest L. Cu
  3. How much revenue does Globe generate?

    Globe generates $3.4B in revenue
  4. How much funding does Globe have?

    Globe has historically raised $1.5B in funding
  1. Where is Globe's headquarters?

    Globe's headquarters is in Bonifacio Other, PH
  2. How many employees does Globe have?

    Globe has 8,200 employees
  3. What sector does Globe operate in?

    Globe is in Telecommunication Services
  4. Who are Globe's competitors?

    Globe's top competitors are DITO, PLDT, Smart Communications Inc