Globe Telecom will fund its 2025 capital expenditures partly through the P5 billion long-term loan it secured from the Bank of Commerce, the company said September 12, 2025.
In a disclosure with the Philippine Stock Exchange (PSE), the telecommunications firm said the funding will also be used for “debt refinancing and other general corporate requirements.”
“With focused investments and innovation shaped by consumer needs, Globe is helping more Filipino homes and small businesses thrive in today’s connected world,” Globe said.
It said the company has set a below $1 billion (P57 billion) capital expenditure guidance for this year, which, the firm said “reflects the Company’s continued investments to strengthen and future-proof its network, ensuring it remains responsive to the growing demand for digital services and emerging technologies.”
As of the end of June this year, it has invested around P18.9 billion in capex, down 33 percent from a year ago.
Globe said the proportion of its investments to revenue has improved from 34 percent in the first six months of last year to 24 percent in the same period this year.
GLOBE PHOTO