Globe Telecom, Inc. (PSE: GLO)
Philippines
· Delayed Price · Currency is PHP | Market Cap | 302.62B |
| Revenue (ttm) | 182.11B |
| Net Income (ttm) | 24.38B |
| Shares Out | 144.38M |
| EPS (ttm) | 167.99 |
| PE Ratio | 12.48 |
| Forward PE | 13.03 |
| Dividend | 100.00 (4.77%) |
| Ex-Dividend Date | Nov 20, 2024 |
| Volume | 8,370 |
| Open | 2,076.00 |
| Previous Close | 2,080.00 |
| Day's Range | 2,060.00 - 2,096.00 |
| 52-Week Range | 1,698.00 - 2,472.00 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Feb 7, 2025 |
About Globe Telecom
Globe Telecom, Inc. provides telecommunications services to individual customers, small and medium-sized businesses, and corporate and 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; long distance communication or carrier services; broadband, as well as wireline voice and data communication services; and electronic payment and remittance... [Read more]
Financial Performance
In 2023, Globe Telecom's revenue was 180.35 billion, an increase of 2.88% compared to the previous year's 175.30 billion. Earnings were 23.13 billion, a decrease of -30.46%.
Financial StatementsNews
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.
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...
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.
‘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...
Globe Telecom: Bullish On Strong Earnings Growth And Higher Fintech Contribution
Globe Telecom, Inc.'s recent bottom-line performance surpassed expectations, as its Q3 and 9M 2024 earnings were equivalent to over a quarter and three-quarters of the full-year consensus net profit, ...
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...
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...
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.
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.
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.
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.
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...
Cable theft incidents in H1 alarm Globe
Globe Telecom Inc. said on Wednesday it recorded an alarming average of 245 cable theft incidents per month across the Philippines during the first half of 2024, with a total of 1,472 cases reported.
Globe builds more cell towers in H1
Globe Telecom Inc. on Sunday said it built 352 new cell towers and upgraded 1,942 existing mobile sites 4G during the first half of 2024.
Globe Telecom, Inc. goes ex dividend tomorrow
Globe Telecom, Inc. (GTMEY) had declared $0.286/share quarterly dividend, in line with previous. Forward yield 3.27% Payable Sept. 20; for shareholders of recor
Globe Telecom: Watch Potential Re-Rating Catalysts
Globe Telecom has a Buy investment rating with key valuation re-rating drivers including debt paydown and the planned public listing of a fintech investment. The company could potentially divest anoth...
Globe Telecom: Expanding Growth Opportunities Through Non-Telco Services
Globe Telecom has set record revenues in the first half of 2022. I think the stock is profitable because Globe continues to be a prominent player in telecommunications.
Globe Telecom: Strong Momentum, Probable Less Competition
Globe Telecom's stock has a 1-month price return of +45.40%. I am still endorsing it as a buy. Globe Telecom hiked its 2021 capex to $1.52 billion.
Globe Telecom: A Mix Of Defensiveness And Growth
I maintain a Bullish rating on Philippines-listed telecommunications company Globe Telecom
Globe Telecom: Unexpected Tailwinds
Market consensus expects Globe Telecom to increase its dividends per share by +13.4% YoY from PHP91.00 in FY2019 to PHP103.20 in FY2020.
Globe Telecom: Still Cheap With Concerns Over Third Operator Priced In
A standstill on the tower sharing initiative could potentially delay new entrant and the third telecommunications company Dito Telecommunity's commercial launch plans.