Globe Telecom Inc. is maintaining its full-year revenue growth guidance at low- to mid-single digits for 2026, even as the broader economy faces ongoing challenges. During a virtual press briefing, Globe President and Chief Executive Carl Cruz confirmed the company is on solid ground entering the final quarter of the year following a strong nine-month showing.
The telecommunications giant reported consolidated gross service revenues of P129 billion for the first nine months of 2026, a 6 percent rise from the P121.7 billion recorded in the same period a year earlier. Cruz confirmed the company’s revenue growth outlook remains unchanged, noting that the projected low- to mid-single-digit expansion is currently among the strongest in the industry.
Globe posted a net income of P16.5 billion over the nine-month period, down slightly from P17.7 billion in 2025, though core net income—which strips out one-off costs—held steady at P15.5 billion. On a quarterly basis alone, core net income edged up 1 percent to P5.3 billion. The company said it will continue to drive revenue growth, keep a tight rein on costs, and boost operational efficiency as it navigates difficult economic conditions. Growth through the rest of the year is expected to be supported by steady performance from its mobile, home broadband, and corporate data divisions.
Maintaining its revenue target sends a clear signal that Globe expects to deliver consistent top-line growth that outpaces many peers even in a tougher economic climate, reinforcing its market standing while keeping business operations and investment plans on a stable footing for the months ahead.
