Globe Telecom Inc., the telecom and financial technology company of the Ayala Group, said it has signed a P5 billion term loan facility with Bank of Commerce to support its ongoing capital expenditures, debt refinancing, and other general corporate requirements.
Globe said the fresh funding aligns with its goal of optimizing capital deployment while continuing to invest in critical digital infrastructure.
For full-year 2025, Globe has announced a capex guidance of under USD1 billion, underscoring its focus on building a resilient, future-ready network to meet rising demand for digital services and emerging technologies.
Globe already spent around P18.9 billion in capex in the first half—33 percent lower than the same period last year—as it streamlines spending. The company reported significant improvements in capital efficiency, with its cash capex-to-revenue ratio improving to 24 percentfrom 34 percent, and capex-to-earnings before interest, taxes and depreciation falling to 45 percent from 66 percent.
Data infrastructure continues to be Globe’s top priority, with 91 percent of its first-half capex allocated to support growing data needs across its mobile and broadband services.
Globe said its investments are guided by consumer behavior and industry shifts to ensure they remain responsive to the digital lifestyles of Filipinos, helping homes and small businesses thrive in an increasingly connected world.
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