Globe Telecom Inc. said Monday it expects mid-single-digit revenue growth for 2026, banking on sustained momentum in its mobile data and fiber business segments to bounce back from a slight dip in annual profit.
The Ayala-led telecommunications firm is looking to carry over strength from the fourth quarter of 2025, despite reporting a 4-percent decline in net income to P23.3 billion from P24.3 billion in 2024. Total revenue in 2025 also edged down 1.3 percent to P178.24 billion.
Globe chief finance officer Juan Carlo C. Puno attributed the 2026 outlook to “strong and sustained demand for mobile data services, the impressive performance of G-Fiber prepaid and the strategic positioning of our enterprise business.”
“Overall, we are confident that we can carry the momentum from our fourth quarter to deliver a strong 2026,” Puno said.
The company’s mobile business posted record service revenues of P116.9 billion in 2025, up from P116.7 billion the previous year. The mobile subscriber base grew 8 percent to reach 65.8 million by the end of 2025, compared with 60.9 million in 2024.
Core net income, which excludes non-recurring items such as asset sales and foreign exchange movements, reached P20.9 billion last year, down from P21.5 billion reported in 2024.
The Globe At Home broadband unit generated P24 billion in 2025 revenues, a 1-percent increase from P23.8 billion as fiber adoption offset the decline in legacy fixed wireless services. Corporate data revenues also hit an all-time high of P20.7 billion, up 1 percent from P20.4 billion.
Globe’s non-telco portfolio saw revenues drop 12 percent to P2.3 billion in 2025. The decline was caused by softer advertising results from AdSpark and lower revenues from Asticom, which outweighed gains from Yondu.
