Globe Telecom, Inc. has signed a ₱5 billion term loan facility with Bank of Commerce, which will be used to partially finance the company’s capital expenditures (capex), debt refinancing, and general corporate needs.

For 2025, Globe has set its capex guidance at below US\$1 billion, reflecting its ongoing efforts to future-proof its network and support the growing demand for digital services and emerging technologies.

In the first half of 2025, Globe spent ₱18.9 billion in capex, down 33% year-on-year, as part of its strategy to optimize capital deployment. This resulted in improvements in its financial ratios, with the cash capex-to-revenue ratio easing to 24% from 34%, and the capex-to-EBITDA ratio dropping to 45% from 66%.

Consistent with prior periods, the bulk of Globe’s investments—about 91% of total cash capex—went to data-related requirements, underscoring its commitment to expand the country’s digital infrastructure.

By aligning investments with consumer demand, Globe said it continues to empower Filipino households and small businesses to thrive in an increasingly digital world.