Globe Telecom, Inc. signed a term loan facility of PHP5 billion with BDO Unibank, Inc. to partially finance its capital expenditures (capex), debt refinancing, and/or general corporate funding requirements.
In a diaclosure, Globe told the Philippine Stock Exchange that ita cash capex guidance for the full year 2026 is set at under USD1 billion, reflecting the Company’s continued investments to strengthen and future-proof its network, ensuring it remains responsive to evolving connectivity needs and the increasing adoption of digital services.
In line with this commitment, Globe invested PHP12.7 billion in capex during the firs three months of 2026, up 51 percent year-on-year, driven by targeted investments in network expansion and capacity enhancements. Capex represented 30 percent of service revenues during the period, supporting the Company’s improving free cash flow profile while maintaining a prudent balance sheet.
Approximately 91 percent of cash capex was allocated to data-related initiatives, underscoring Globe’s continued efforts to expand digital capacity and enhance network quality nationwide.
With focused investments and innovation shaped by consumer needs, Globe continues to strengthen its digital infrastructure, empowering more Filipinos, households, and businesses to succeed in the digital age.
