GLOBE TELECOM’S FIRST-half 2025 results are a reminder that in business, as in life, you don’t always get five bars—but the connection still holds.
Data remains Globe’s strongest signal. The company’s digital portfolio—mobile data, home broadband, and corporate ICT—now powers 88% of service revenues, up from 85% last year. In short: Filipinos may skip the call or text, but they won’t give up TikTok, GCash, or Netflix.
The mobile business, Globe’s bread and butter, clocked in ₱57.1 billion for the semester—slightly lower than last year, but with a quarter-on-quarter rebound in Q2. Mobile data, in particular, defied gravity, rising 2% year-on-year despite a slight dip in traffic. More strikingly, mobile data now makes up 86% of mobile revenues, reflecting how deeply the internet has woven itself into Filipino daily life.
Home broadband is slowly rewiring itself too. Fiber now dominates, with GFiber Prepaid growing 37% in just one quarter—proof that affordability, flexibility, and speed are a winning mix. Corporate data felt the pinch of cautious enterprise spending, but ICT services—from cybersecurity to IoT—offered a glimpse of tomorrow’s growth.
Then there’s GCash, Globe’s not-so-secret weapon. With ₱3.8 billion in equity earnings, it now accounts for 26% of pre-tax profit, more than double last year’s share. For a telco, having a fintech juggernaut in its pocket is like discovering you own the mall as well as the phone shop inside.
Yes, net income slipped 14% year-on-year to ₱12.4 billion. But peel away one-offs and higher costs, and the story is one of resilience: disciplined cost-cutting, EBITDA margins north of 52%, and a capex strategy that’s leaner but still future-focused. Globe isn’t overspending—it’s investing smart, with 91% of spend on data-centric infrastructure and a growing 5G footprint that now blankets almost all of Metro Manila and key cities nationwide.
The message? Globe is playing the long game: building digital highways, betting on fintech, and pushing fiber into Filipino homes. The numbers may have softened, but the strategy is clear—connectivity isn’t just a service, it’s the backbone of modern life.
In a market that’s maturing fast, Globe’s challenge is to keep innovating while keeping prices—and promises—within reach. Judging by the rise of GFiber Prepaid and GCash’s rocket fuel, it seems the company knows one thing for sure: in the Philippines, data is no longer optional. It’s life’s newest utility.