Announcement • Dec 10
Globe Telecom, Inc., Annual General Meeting, Apr 21, 2026 Globe Telecom, Inc., Annual General Meeting, Apr 21, 2026. Location: to be announced, United States Announcement • Aug 06
Globe Fintech Innovations, Inc. completed the acquisition of Electronic Commerce Philippines Inc. from Globe Telecom, Inc. (PSE:GLO) and Payment One, Inc. Globe Fintech Innovations, Inc. agreed to acquire Electronic Commerce Philippines Inc. from Globe Telecom, Inc. (PSE:GLO) and Payment One, Inc. on September 28, 2023. Globe Fintech Innovations, Inc. will pay PHP 2.31 billion to Globe Telecom, Inc for it's 77% stake in Electronic Commerce Philippines Inc. The deal is currently undergoing thorough reviews. Completion is expected upon receipt of approvals from the relevant regulatory bodies and satisfaction of closing conditions. As of May 14, 2025 Philippine Competition Commission has given approval for this transaction. The transaction is subject to strict compliance by ECPay and Mynt of their respective voluntary commitments. Completion is expected to occur upon receipt of approvals from other relevant regulatory bodies and satisfaction of closing conditions.
Globe Fintech Innovations, Inc. completed the acquisition of Electronic Commerce Philippines Inc. from Globe Telecom, Inc. (PSE:GLO) and Payment One, Inc. on August 5, 2025. All closing conditions and approvals have been met and acquired. Announcement • May 13
Globe Telecom, Inc. Declares Cash Dividend for the Second Quarter of 2025, Payable on June 5, 2025 Globe Telecom, Inc. announced that in its meeting on 9 May 2025, Board of Directors approved the declaration of the second quarter cash dividend of PHP 25.00 per common share payable on June 5, 2025 to shareholders on record as of May 26, 2025. The second quarter cash dividend payment total is about PHP 3.6 billion. Announcement • Apr 23
Globe Telecom Inc. Announces CEO Changes Telco executive Carl Raymond Cruz has been officially named Globe Telecom Inc.’s new CEO. The board of directors approved the appointment during an organizational meeting following the annual stockholders’ meeting on April 22, 2025. Cruz is bringing with him his 30 years of experience in the fast-moving consumer goods industry, specifically in general management and marketing. He served as the CEO and managing director of Airtel Nigeria, which is the leading mobile network operator in Nigeria. Cruz replaces Ernest Cu, who served the post for over 16 years. Announcement • Apr 22
Globe Telecom, Inc. Announces President Changes Telco executive Carl Raymond Cruz has been officially named Globe Telecom Inc.’s new president. The board of directors approved the appointment during an organizational meeting following the annual stockholders’ meeting on April 22, 2025. Cruz is bringing with him his 30 years of experience in the fast-moving consumer goods industry, specifically in general management and marketing. He served as the CEO and managing director of Airtel Nigeria, which is the leading mobile network operator in Nigeria. Cruz replaces Ernest Cu, who served the post for over 16 years. Announcement • Mar 28
Unity Digital Infrastructure, Inc. completed the acquisition of 447 telecommunications towers from Globe Telecom, Inc. (PSE:GLO). Unity Digital Infrastructure, Inc. signed an Asset Sale and Purchase Agreement to acquire 447 telecommunications towers from Globe Telecom, Inc. (PSE:GLO) for PHP 5.4 billion on May 7, 2023. As of July 17, 2023, 115 towers were sold for PHP 1.4 billion to Unity Digital, marking the first tranche of the transaction. As of August 31, 2023, another 55 towers were sold to Unity for a cash consideration of PHP 660 million. As on December 18, 2023, 79 towers were sold to Unity for a cash consideration of approximately PHP 950 million. Closing of remaining towers and collection of gross proceeds targeted to come in within first half of 2024. As of March 25, 2024, Globe achieved the fourth closing of another 33 towers for approximately PHP 400 million. On October 28, 2024, Globe achieved the fifth closing of 25 towers for approximately PHP 300 million. Cumulatively, Globe has closed 307 out of 447 towers to be acquired by Unity. On December 19, 2024, 19 towers were sold to Unity for approximately PHP 230 million. Cumulatively, Globe has closed 326 out of 447 towers to be acquired by Unity.
Unity Digital Infrastructure, Inc. completed the acquisition of 447 telecommunications towers from Globe Telecom, Inc. (PSE:GLO) on March 27, 2025. Announcement • Mar 27
NCS Pte. Ltd. agreed to acquire an unknown minority stake in Yondu, Inc. from Globe Telecom, Inc. (PSE:GLO). NCS Pte. Ltd. agreed to acquire an unknown minority stake in Yondu, Inc. from Globe Telecom, Inc. (PSE:GLO) on March 26, 2025. The transaction will be done through both acquisition and subscription of new share of Yondu, Inc. for a total consideration of PHP 134 million. Upon completion, NCS Pte. Ltd. will hold 51% stake in Yondu, Inc. The transaction will be funded using cash and internal resources. The entity will be renamed NCS Philippines following the closing of the transaction.
The transaction is subject to approval of merger agreement by target board. The deal has been approved by the board. Announcement • Feb 07
Globe Telecom, Inc. Declares Cash Dividend for the First Quarter 2025, Payable on March 7, 2025 Globe Telecom, Inc. announced that in its meeting on February 6, 2025, the Board of Directors approved the declaration of the first quarter cash dividend of PHP 25.00 per common share payable on March 7, 2025 to shareholders on record as of February 20, 2025. The first quarter cash dividend payment total is about PHP 3.6 billion. Announcement • Jan 24
Globe Telecom, Inc. to Report Q4, 2024 Results on Feb 07, 2025 Globe Telecom, Inc. announced that they will report Q4, 2024 results on Feb 07, 2025 Announcement • Dec 07
Globe Telecom, Inc., Annual General Meeting, Apr 22, 2025 Globe Telecom, Inc., Annual General Meeting, Apr 22, 2025, at 09:00 W. Australia Standard Time. Location: to be announced, Philippines Announcement • Oct 23
Globe Telecom, Inc. Appoints Carl Raymond R. Cruz as Deputy Chief Executive Officer, Effective 1 January 2025 On October 22, 2024, Globe Telecom, Inc. announced the appointment of Mr. Carl Raymond R. Cruz as their Deputy Chief Executive Officer, with effect from 1 January 2025. Mr. Cruz has also been nominated as a member of their Board of Directors for election at their 2025 Annual Stockholders' Meeting (ASM), as well as President and Chief Executive Officer for election at the Organizational Meeting of their Board of Directors following their 2025 ASM. Mr. Cruz, 54, is a seasoned leader with over 30 years of experience in the fast-moving consumer goods (FMCG) industry, particularly in general management and marketing. Mr. Cruz is currently the CEO and Managing Director (MD) of Airtel Nigeria, one of the largest and most significant Airtel operations in Africa. Before this, Mr. Cruz was the Managing Director of Unilever West Africa and MD/CEO of Unilever Nigeria, where he led operations in Nigeria, Ghana, and Francophone Africa. Mr. Cruz's career at Unilever spanned 30 years across various countries, including the Philippines, India, Thailand, Sri Lanka, and West Africa, and is recognized for his expertise in leading and transforming organizations in developing and emerging markets. Mr. Cruz holds a Bachelor of Science in Marketing Management from De La Salle University. As Deputy Chief Executive Officer, Mr. Cruz will report to Mr. Ernest L. Cu, who will continue as President and CEO until 2025 ASM. Going forward, Mr. Cu will continue to hold Chairmanship for 917Ventures, Globe Fintech Innovations Inc. (Mynt), which is the holding company of GCash, Kickstart Ventures Inc., and STT GDC Philippines. Announcement • Aug 28
Globe Telecom, Inc. Announces Management Changes Globe Telecom, Inc. appointed Mr. Darius Jose R. Delgado as their Chief Commercial Officer, with effect from September 1, 2024, to succeed the incumbent Ms. Maria Louisa Guevarra-Cabreira, who will assume the role of
Leadership Adviser to the Chief Human Resources Officer. Mr. Delgado, 51, is the Vice-President for Consumer Mobile Business and one of Globe's most well-rounded and influential leaders, spanning over 30 years of expertise and leadership in the areas of strategy, sales & marketing, and audit. With a robust track record in P&L management, Mr. Delgado has demonstrated exceptional acumen in navigating complex market dynamics, significantly boosting profitability and share value. Further, Mr. Delgado's assignments in Consumer Mobile, Broadband and B2B led the respective teams to execute strategic initiatives, which were pivotal in steering the Company and achieving business commitments, amidst intense market competition and technological shifts. Mr. Delgado's ability to approach business challenges holistically has also ensured alignment with the broader Company objectives. Prior to Globe, Mr. Delgado was a Director in SGV & Co. (Ernst and Young), with 9 years of experience in multiple industries. Mr. Delgado has a degree in Accountancy and graduated Magna Cum Laude from the University of Santo Tomas. In 2024, Mr. Delgado was also a participant in the Executive Development Program of the Kellogg School of Management in Northwestern University. Announcement • Aug 07
Globe Telecom, Inc. Approves Third Quarter Cash Dividend, Payable on September 5, 2024 Globe Telecom, Inc. advised that in its meeting held on August 6, 2024, Board of Directors approved the declaration of the third quarter cash dividend of PHP 25.00 per common share payable on September 5, 2024 to shareholders on record as of August 20, 2024. The third quarter cash dividend payment total is about PHP 3.6 billion. Announcement • May 15
Globe Telecom, Inc. Approves Second Quarter Cash Dividend, Payable on June 13, 2024 Globe Telecom, Inc. announced that Board of Directors approved the declaration of the second quarter cash dividend of 25.00 per common share payable on June 13, 2024 to shareholders on record as of May 28, 2024. The second quarter cash dividend payment total is about PHP 3.6 billion. Announcement • Apr 05
Globe Telecom, Inc. Announces the Appointment of Atty. Maria Franchette M. Acosta as Corporate Secretary Globe Telecom, Inc. announced the appointment of Atty. Maria Franchette M. Acosta as Corporate Secretary, effective April 04, 2024, to replace Atty. Solomon M. Hermosura, who has resigned and transitioned to government service as disclosed on February 26, 2024. Atty. Acosta, Filipino, 51, is the Corporate Secretary, Corporate Governance Group Head and Chief Legal Officer of Ayala Corporation. She has been a practicing lawyer for 24 years, with 18 years in Villaraza & Angangco Law Firm where she was a Senior Partner, Co-Managing Partner and Head of its Corporate and Commercial Department. Ms. Acosta was also an Assistant Secretary at the Office of the Chief Presidential Legal Counsel of the Republic of the Philippines from 2001 to 2003 and recognized as an expert counsel in leading legal journals and publications such as Chambers Global, Chambers Asia Pacific and Legal 500. She is a consistent Asia Business Law Journal's top 100 lawyers of the Philippines. Atty. Acosta graduated from New York University with a Master of Laws in 2003, and ranked 3rd in the Philippine Bar Examination. She earned her Bachelor of Laws from the University of the Philippines College of Law in 1998 where she graduated Class Valedictorian and Cum Laude. She holds a Bachelor of Science in Business Economics from the University of the Philippines School of Economics in 1994 where she graduated Magna Cum Laude. Announcement • Feb 07
Globe Telecom, Inc. Approves the Declaration of the First Quarter Cash Dividend, Payable on March 7, 2024 Globe Telecom, Inc. Board of Directors approved the declaration of the first quarter cash dividend of PHP 25.00 per common share payable on March 7, 2024 to shareholders on record as of February 21, 2024. The first quarter cash dividend payment total is about PHP 3.6 billion. Announcement • Jan 25
Globe Telecom, Inc. to Report Q4, 2023 Results on Feb 07, 2024 Globe Telecom, Inc. announced that they will report Q4, 2023 results on Feb 07, 2024 Announcement • Nov 07
Globe Telecom, Inc. Approves the Declaration of the Fourth Quarter Cash Dividend , Payable on December 1, 2023 Globe Telecom, Inc. approved the declaration of the fourth quarter cash dividend of PHP 25.00 per common share payable on December 1, 2023 to shareholders on record as of November 17, 2023. The fourth quarter cash dividend payment total is about 3.6 billion. Announcement • Aug 17
Globe Telecom, Inc. Announces Third Quarter 2022 Cash Dividend, Payable on September 8, 2023 Globe Telecom, Inc. announced third quarter 2023 cash dividend for common shares is PHP 25 per common share, record date is August 29, 2023. The dividend will be payable on September 8, 2023. Announcement • May 09
Unity Digital Infrastructure, Inc. signed an Asset Sale and Purchase Agreement to acquire 447 telecommunications towers from Globe Telecom, Inc. (PSE:GLO) for PHP 5.4 billion. Unity Digital Infrastructure, Inc. signed an Asset Sale and Purchase Agreement to acquire 447 telecommunications towers from Globe Telecom, Inc. (PSE:GLO) for PHP 5.4 billion on May 7, 2023. Announcement • May 05
Globe Telecom, Inc. Approves Second Quarter Cash Dividend, Payable on June 2, 2023 The Board of Directors of Globe Telecom, Inc. approved the declaration of the second quarter cash dividend of PHP 25.00 per common share, payable on June 2, 2023 to shareholders on record as of May 18, 2023. Announcement • Dec 09
Globe Telecom, Inc., Annual General Meeting, Apr 25, 2023 Globe Telecom, Inc., Annual General Meeting, Apr 25, 2023, at 09:00 Singapore Standard Time. Announcement • May 07
Globe Telecom, Inc. Approves Second Quarter Cash Dividend, Payable on June 4, 2021 Globe Telecom, Inc. announced that in its meeting held on May 6, 2021, the board of directors approved the declaration of the second quarter cash dividend of PHP 27 per common share payable on June 4, 2021 to shareholders on record as of May 21, 2021. The second quarter cash dividend payment total is about PHP 3.6 billion. Announcement • Dec 11
Globe Telecom, Inc., Annual General Meeting, Apr 20, 2021 Globe Telecom, Inc., Annual General Meeting, Apr 20, 2021, at 09:00 Singapore Standard Time. Announcement • Nov 06
Globe Telecom, Inc. Appoints Ms. Rosalin E. Palacol as Chief Audit Executive Globe Telecom, Inc. announced the appointment of Ms. Rosalin E. Palacol as Chief Audit Executive (CAE). Effective November 3, 2020. As CAE, Ms. Palacol will be responsible for all of Globe's audit activities including oversight over internal and external audit functions. She will also head Globe's Internal Controls Division. Ms. Palacol shall report functionally to the Audit and Related Party Transactions Committee and administratively to the President and Chief Executive Officer. Announcement • Sep 26
Globe Telecom, Inc. Announces Its Network Upgrade to Date Globe Telecom, Inc. announced its network upgrade to date, 10 years after it introduced data with its nationwide network transformation program. The network upgrades come at the heels of the government asking telcos to improve internet services especially at these times when connectivity is a critical need. Globe laid out a 3-pronged strategy to improve voice and data experience of its customers. The first is to accelerate cell site builds to expand coverage and increase capacity for data. With the strong support of ARTA and the recently signed Bayanihan to Recover As One or Bayanihan 2, the faster processing and release of various national and LGU permits are crucial to jumpstart the infrastructure builds to improve the country's overall state of connectivity. The second is to upgrade all its sites to have 4G/LTE using many different frequencies, which are important for both coverage and speeds. With 4G everywhere, the whole country will be data-ready and capable to meet the increasing demands of customers for bandwidth and faster speeds. The third is to fast track the fiberization of Filipino homes to improve data experience using wireline connectivity. As Filipinos spend more time at home because of the lockdowns, Globe hopes to address the growing demand for home broadband with a much larger fiber footprint, using only the most advanced technologies. Announcement • Aug 17
Globe Telecom, Inc. (PSE:GLO) entered into agreement to acquire 67% stake in Third Pillar Business Applications for approximately PHP 175 million. Globe Telecom, Inc. (PSE:GLO) entered into agreement to acquire 67% stake in Third Pillar Business Applications for approximately PHP 175 million on August 17,2020. The deal is subject to to closing and post-closing conditions. The approval likewise mandates TPBAI to acquire shares of Third Pillar Global Delivery Center, Inc. that will result in TPBAI’s full ownership of TPGDC. Sycip Gorres Velayo & Co., a member of Ernest and Young Global, worked with Globe to estimate the fair value of the company