Search
Close this search box.
Search
Close this search box.

Globe boosts cash flow to power next phase of digital growth

Globe Telecom reported a stronger cash flow position for the first nine months of 2025, driven by focused, efficient investments in its network and critical digital infrastructure. The company posted an EBITDA of ₱64.2 billion with a 52.8% margin—surpassing full-year guidance and reflecting sustained quarterly growth and disciplined cost management. Capital expenditures dropped to ₱31.4 billion, or 26% of gross service revenues, marking a more sustainable level aligned with regional benchmarks.

This strategic shift has boosted Globe’s positive free cash flow, giving the company greater flexibility to invest in areas that create long-term value, including improved connectivity and new digital platforms.

“Growth isn’t just about how much you build, but how well you build it,” said Globe President and CEO Carl Cruz, noting that the company’s financial strength allows for a sharper focus on enhancing customer experience and supporting digital communities.

Globe is transitioning from heavy capital expansion to deliberate, high-impact investments centered on mobile data, enterprise technology, cloud services, and digital solutions. The company’s financial health remains robust, with a Gross Debt-to-EBITDA ratio of 2.69x, Net Debt-to-EBITDA at 2.40x, and a Debt Service Coverage Ratio of 3.74x—all well within bank covenant levels. With solid fundamentals and a clear direction, Globe is positioning itself for sustainable, innovation-led growth.

Share this post:

Leave a Reply

Your email address will not be published. Required fields are marked *