GLOBE Telecom Inc. sustained its recovery in the third quarter of 2025, posting P41.5 billion in service revenues, up three percent quarter-on-quarter, driven by growing data demand and resilient consumer activity.
Mobile data hit an all-time high of P25.2 billion, while broadband revenues climbed four percent to P6.1 billion.
Net income for the first nine months stood at P17.7 billion, down 14 percent year-on-year, while Ebitda reached P64.2 billion with a strong 52.8 percent margin.
GCash, operated under Globe’s fintech arm Mynt, contributed P5.3 billion to Globe’s earnings, accounting for a quarter of pre-tax income.
President Ernest Cu said GCash remains a “crown jewel,” combining inclusivity and profitability as it expands across payments, lending, and insurance.
Globe expects the platform to remain a key growth driver amid intensifying fintech competition. / KOC
