Globe Telecom has secured a P5-billion term loan facility from BDO Unibank, providing additional financial flexibility to support network investments, refinance existing obligations, and meet general corporate funding requirements as demand for digital services continues to rise.
The fresh funding comes as Globe maintains an aggressive but disciplined investment program aimed at strengthening and future-proofing its telecommunications infrastructure.
The company has set its 2026 cash capital expenditure (capex) guidance at below USD1 billion, signaling continued network expansion while keeping spending within manageable levels to preserve financial health.
During the first quarter of 2026, Globe spent P12.7 billion for capital expenditures, up 51 percent from a year earlier, reflecting accelerated investments in network capacity upgrades and coverage expansion. The spending represented 30 percent of service revenues during the period, highlighting the company’s focus on enhancing connectivity while sustaining an improving free cash flow position.
Notably, around 91% of Globe’s cash capex was directed toward data-related projects, underscoring the growing importance of mobile and broadband services as digital adoption accelerates across households and businesses. The allocation reflects the company’s strategy of prioritizing network quality, capacity, and reliability to meet increasing data consumption and evolving customer expectations.
The new loan facility also supports Globe’s ongoing efforts to optimize its capital structure through debt refinancing while ensuring adequate funding for future growth initiatives.
The move is part of a broader industry trend in which telecommunications companies continue investing heavily in digital infrastructure to capture rising demand for connectivity, cloud services, and digital platforms.
With sustained investments in network modernization and innovation, Globe aims to reinforce its position in the country’s digital economy, enabling more Filipinos and businesses to access reliable connectivity and participate in an increasingly digital-first environment.
