Globe Telecom, Inc. has finalized a ₱5 billion term loan facility with the Bank of Commerce. This financing will be used to partially fund the company’s capital expenditures (capex), refinance existing debt, and support other general corporate requirements.
This loan underscores Globe’s ongoing commitment to strengthening and modernizing its network infrastructure. The company’s full-year 2025 capex guidance remains below US$1 billion, with a focus on meeting the growing demand for digital services and preparing its network for emerging technologies.
Strategic Capital Deployment
In the first half of 2025, Globe’s capex reached approximately ₱18.9 billion, a 33% reduction from the same period in 2024. This decrease reflects the company’s initiatives to optimize capital deployment, which has led to improved financial efficiency metrics. The cash capex-to-revenue ratio improved to 24% from 34%, while the capex-to-EBITDA ratio decreased to 45% from 66%. Around 91% of Globe’s cash capex was allocated to data-related requirements, highlighting its dedication to expanding its digital infrastructure and supporting the connected lives of Filipinos.
By focusing investments on consumer needs and fostering innovation, Globe continues to empower homes and small businesses across the Philippines.
