Globe Telecom, Inc. (GTMEY)

OTCMKTS · Delayed Price · Currency is USD
33.52
-8.11 (-19.48%)
At close: Dec 10, 2024
0.81%
Market Cap 5.16B
Revenue (ttm) 3.11B
Net Income (ttm) 393.83M
Shares Out n/a
EPS (ttm) 2.72
PE Ratio 13.11
Forward PE 12.38
Dividend 1.09 (3.26%)
Ex-Dividend Date Feb 20, 2025
Volume 101
Average Volume 703
Open 33.52
Previous Close 41.63
Day's Range 33.52 - 33.52
52-Week Range 27.87 - 41.63
Beta 0.24
RSI 39.51
Earnings Date May 5, 2025

About Globe Telecom

Globe Telecom, Inc. engages in the provision of telecommunications services to individual consumers, corporate, and small and medium enterprise clients in the Philippines. It operates through Mobile Communications Services and Wireline Communication Services segments. The company offers digital wireless communications services under the Globe Postpaid and Prepaid, and Touch Mobile brands; digital mobile communication and internet-on-the-go services; voice, SMS, data and value-added services; international long distance communication services or... [Read more]

Founded 1935
Employees 6,510
Stock Exchange OTCMKTS
Ticker Symbol GTMEY
Full Company Profile

Financial Performance

In 2024, Globe Telecom's revenue was 180.80 billion, an increase of 0.25% compared to the previous year's 180.35 billion. Earnings were 22.87 billion, a decrease of -1.12%.

Financial numbers in PHP Financial Statements

News

The new CEO of the Philippines’ largest telco says his Nigeria and India experience taught him to ‘never underestimate’ any market

Carl Raymond Cruz, the new CEO of Globe Telecom, also admits his "bias" for Indian companies, thanks to their "rigor" and "operational intensity."

18 days ago - Fortune

Globe Telecom Partners With Netcracker for OSS Transformation Services to Improve Operational Excellence and Deliver a Seamless Digital Customer Experience

Leading Operator in the Philippines Benefits From Improved Fulfillment, Greater Business Efficiency and Ability to Scale Across Lines of Business WALTHAM, Mass. — Netcracker Technology announced today...

4 weeks ago - Financial Post

Nokia Partners with Globe Telecom To Tackle Fraud In Banking With Secure APIs

Nokia Corporation (NYSE: NOK) partnered with Globe Telecom, Inc. (OTC: GTMEF) to offer enhanced security for banks and other enterprises using network Application Programming Interfaces (APIs). Glob...

2 months ago - Benzinga

Globe sticks to plans of lower capex in ’25

GLOBE Telecom Inc. said on Sunday it is staying on course to lowering its capital expenditures (capex) to “below $1 billion” in 2025, as it aims to sustain positive cash flow.

2 months ago - BusinessMirror

Globe, GoTyme Bank ink cybersecurity deal

GLOBE Telecom Inc. and GoTyme Bank Corp. have teamed up to strengthen cybersecurity efforts amid rising cases of financial crimes.

3 months ago - BusinessMirror

Globe blocks URLs hosting child porn

Globe Telecom Inc. said on Thursday it has intensified its crackdown on online child sexual exploitation, blocking 3,096 URLs and domains hosting child sexual abuse and exploitation materials (CSAEM) ...

3 months ago - BusinessMirror

Globe accelerates adoption of AI

Globe Telecom Inc. is accelerating its artificial intelligence (AI) adoption to drive operational efficiency, optimize network performance, and enhance customer service, positioning itself at the fore...

3 months ago - BusinessMirror

Globe completes pilot testing of PON technology

Globe Telecom Inc. said on Sunday it has successfully conducted a pilot test of its next-generation 50 Gigabit Passive Optical Network (50GPON) technology.

3 months ago - BusinessMirror

Globe’s 10 new sites rise in Ilo-ilo

GLOBE Telecom Inc. announced last Sunday it has built 10 new sites across the province of Iloilo.

4 months ago - BusinessMirror

Globe secures certification for BCMS

Globe Telecom Inc. has secured a certification for business continuity management systems (BCMS), which will be valid until 2027.

4 months ago - BusinessMirror

Telcos step up drive vs cyber threats, scams

TELECOMMUNICATION giants PLDT Inc. and Globe Telecom Inc. said on Thursday they are stepping up initiatives to safeguard customers and enterprises from malicious online activities, as cyber threats an...

4 months ago - BusinessMirror

Globe: QC data center nearing completion

Globe Telecom Inc. said on Tuesday that ST Telemedia Global Data Centres (STT GDC) Philippines is on track to activate the first phase of its STT Fairview 1 data center by the second quarter of 2025.

5 months ago - BusinessMirror

Globe builds cell site in Tawi-Tawi

Globe Telecom Inc. has started the construction on the first off-grid, solar-powered cell site on Taganak Island in the Turtle Islands, Tawi-Tawi, aiming to provide reliable mobile and data connectivi...

5 months ago - BusinessMirror

Globe to use loan from BPI for capex

GLOBE Telecom Inc. has raised P3 billion from a term loan facility with the Bank of the Philippine Islands (BPI), according to a disclosure to the local bourse.

5 months ago - BusinessMirror

‘Faster permitting process boosted telco infra buildup’

Globe Telecom Inc. has reported a “20-percent improvement” in the processing and issuance of permits from 2022 to mid-2024, attributing this progress to the implementation of Executive Order 32 (EO 32...

6 months ago - BusinessMirror

Globe wants more facilities to use RE

Globe Telecom Inc. said Monday 20 of its facilities, including its corporate headquarters in Taguig, are powered by renewable energy (RE) supplied by ACEN Renewable Energy Solutions (ACEN RES), the re...

7 months ago - BusinessMirror

AI helps Globe cut energy use by 4.2%

GLOBE Telecom Inc. (PSE: GLO) announced it has reduced electricity consumption by 4.2 percent since it adopted the AI-based “Energy Efficiency Orchestration” application of American multinational corp...

7 months ago - BusinessMirror

Globe Telecom announces investment in Zamboanga

GLOBE Telecom, Inc. will roll out four new cell towers and expand 111 mobile sites in Zamboanga City to provide better network coverage.

7 months ago - BusinessMirror

Globe warns public against deceptive text messages

Globe Telecom Inc. has renewed calls for the public to exercise vigilance against SMS spoofing which has become increasingly prevalent despite the implementation of SIM registration last year.

7 months ago - BusinessMirror

Globe adopts responsible AI roadmap

Globe Telecom Inc. has adopted the GSMA’s industry-first Responsible AI (RAI) Maturity Roadmap to track, maintain and improve AI use.

7 months ago - BusinessMirror

Globe to build more cell sites in Pangasinan

Globe Telecom Inc. is expanding its network coverage in Pangasinan as it has put up four more cellular sites in the province.

7 months ago - BusinessMirror

Globe, LCC aim to hasten digital shift of local governments

Globe Telecom Inc. said on Thursday it has strengthened its partnership with Liveable Cities Philippines (LCC) to accelerate the digital transformation of public services across key cities in the Phil...

8 months ago - BusinessMirror