Globe is largest PH publicly-listed telco, transforms into a digital solutions group

Globe is now the largest telecom in the Philippines in terms of market capitalization with a market value of over P363 billion as of end-August trade.

Globe Group of Companies has expanded into various digital solutions businesses, leveraging its substantial customer base, distribution capabilities, deep market knowledge, and synergies with its strategic partners.  It has successfully transformed its telco business into a technology-based solutions provider with a footprint in fintech, healthcare, entertainment, adtech, e-commerce, manpower, IT services, and venture capital.

“Over the years, Globe has shown remarkable growth as a result of its exemplary performance and sound management decisions. This, in turn, earned the trust of our stakeholders whose support allows us to continuously expand our businesses, offer quality products and services, and reach more customers,” said Ernest Cu, Globe President and CEO.

To further secure its position as an industry leader, Globe continues to look for new ventures that are ready to scale. Its wholly-owned corporate incubator company 917Ventures is expanding aggressively into new areas that would address various consumer pain points.  

Its recent success with the GCash e-wallet service is proof that gains from diversification can manifold at the right time.

Thus, beyond serving the communications and connectivity requirements of its over 85 million mobile and broadband customers, Globe’s digital solutions are enabling a robust digital ecosystem for the Filipino.

Affiliates and subsidiaries of Globe include Kickstart Ventures, Asticom Technology, Yondu, and 917Ventures which operates Mynt, KonsultaMD, HealthNow, AdSpark among others.  Its other notable brands include Globe Studios, Globe Live, GOMO and TM.

To learn more about Globe, visit www.globe.com.ph.

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