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Globe Telecom company logo
Corporation
MOBILE & TELECOMMUNICATIONS | Telecom Services / Diversified & Bundled
globe.com.ph

Portfolio Exits

1

Partners & Customers

10

About Globe Telecom

Globe Telecom (PSE: GLO) is a telecommunications company that provides wireless application protocol services and digital wireless communication services via GSM network. The Company also offers service which allows users access to a wide range of information and services via a user-friendly menu. In addition, Globe provides wireline voice and data services.

Headquarters Location

Pioneer Corner Madison Streets

Mandaluyong City, 1552,

Philippines

+632 730 1000

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Latest Globe Telecom News

Globe boasts of 716 new 5G sites in 9 months

Nov 28, 2023

Globe Telecom reported that it has connected 716 new 5G sites in the first nine months of the year to boost its 5G outdoor coverage to 97.67 percent in the National Capital Region and 92.06 percent in key cities of Visayas and Mindanao.

Globe Telecom Portfolio Exits

1 Portfolio Exit

Globe Telecom has 1 portfolio exit. Their latest portfolio exit was ECPay on October 03, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/3/2023

Divestiture

$99M

2

Date

10/3/2023

Exit

Divestiture

Companies

Valuation

$99M

Acquirer

Sources

2

Globe Telecom Acquisitions

4 Acquisitions

Globe Telecom acquired 4 companies. Their latest acquisition was Cascadeo on April 17, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/17/2020

Debt

$99M

$0.89M

Asset Sale

4

10/25/2019

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$99M

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10

5/31/2016

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$99M

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10

8/5/2008

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$99M

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10

Date

4/17/2020

10/25/2019

5/31/2016

8/5/2008

Investment Stage

Debt

Companies

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Valuation

$99M

$99M

$99M

$99M

Total Funding

$0.89M

Note

Asset Sale

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Sources

4

10

10

10

Globe Telecom Partners & Customers

10 Partners and customers

Globe Telecom has 10 strategic partners and customers. Globe Telecom recently partnered with Nokia on November 11, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

11/20/2023

Vendor

Finland

Nokia: chosen by telecom operator Globe Telecom in the Philippines

Nokia : chosen by telecom operator Globe Telecom in the Philippines

1

11/8/2023

Partner

Philippines

Globe, Security Bank team up to strengthen cybersecurity

Last March , Globe also signed separate agreements with the Rizal Commercial Banking Corp. and consumer finance firm Home Credit as part of efforts to fight spam and scams .

1

10/31/2023

Partner

Philippines

Quarterly insights on Bridge Member Operators: 3Q2023 - Bridge Alliance

Globe has strategically integrated its core offerings like Rewards , datapacks and payment solutions , into its partnership with MetaverseGo .

1

10/4/2023

Partner

Japan

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10

8/31/2023

Vendor

Finland

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10

Date

11/20/2023

11/8/2023

10/31/2023

10/4/2023

8/31/2023

Type

Vendor

Partner

Partner

Partner

Vendor

Business Partner

Country

Finland

Philippines

Philippines

Japan

Finland

News Snippet

Nokia: chosen by telecom operator Globe Telecom in the Philippines

Nokia : chosen by telecom operator Globe Telecom in the Philippines

Globe, Security Bank team up to strengthen cybersecurity

Last March , Globe also signed separate agreements with the Rizal Commercial Banking Corp. and consumer finance firm Home Credit as part of efforts to fight spam and scams .

Quarterly insights on Bridge Member Operators: 3Q2023 - Bridge Alliance

Globe has strategically integrated its core offerings like Rewards , datapacks and payment solutions , into its partnership with MetaverseGo .

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Sources

1

1

1

10

10

Globe Telecom Team

4 Team Members

Globe Telecom has 4 team members, including current Chief Financial Officer, Albert De Larrazabal.

Name

Work History

Title

Status

Albert De Larrazabal

Chief Financial Officer

Current

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Name

Albert De Larrazabal

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Work History

Title

Chief Financial Officer

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Status

Current

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