This will give the telecommunications giant fresh financial room to manage its capital expenditures (capex) and refinance debts.
Globe earlier signaled plans to keep network spending robust while staying budget-efficient, saying it remains focused on essential upgrades and on keeping full-year capex below P59 billion.
Globe highlights efficiency
• Capex reached P31.4 billion in the first nine months of 2025, down 23 percent as Globe tightened spending.
• Capital efficiency improved, with the cash capex-to-revenue ratio at 26 percent and the capex-to-ebitda ratio at 49 percent.
• These gains lifted free cash flow and gave Globe more flexibility to target priority network upgrades.
• Data-related projects accounted for 89 percent of capex, underscoring Globe’s focus on expanding digital capacity and connectivity.
—Edited by Miguel R. Camus
