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Globe Telecom Inc
Net Income (Common)
Globe Telecom Inc
Net Income (Common) Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Net Income (Common) | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Globe Telecom Inc
XPHS:GLO
|
Net Income (Common)
₱23.1B
|
CAGR 3-Years
9%
|
CAGR 5-Years
5%
|
CAGR 10-Years
N/A
|
||
PLDT Inc
XPHS:TEL
|
Net Income (Common)
₱26.6B
|
CAGR 3-Years
3%
|
CAGR 5-Years
7%
|
CAGR 10-Years
N/A
|
Globe Telecom Inc
Glance View
In the bustling archipelago of the Philippines, Globe Telecom Inc. stands as a pillar of connectivity, weaving the nation together with its extensive array of telecommunications services. Founded in 1935, this venerable company has grown to become one of the leading providers of mobile, fixed-line, and broadband internet services. It isn’t just about connecting calls and texts; Globe Telecom has expanded its core business into digital solutions that encompass everything from mobile money through GCash to entertainment streaming partnerships. By leveraging a comprehensive suite of communication services, the company caters to individuals, households, and businesses, establishing itself as a crucial enabler of technological growth and digital transformation in the region. The company’s revenue streams are as diverse as the services it offers. A substantial portion comes from their mobile service subscribers, who enjoy a blend of prepaid and postpaid plans tailored to various needs and lifestyles. Meanwhile, the growth of data-driven services has spurred new revenue channels, especially as consumers demand faster and more reliable internet connectivity. This demand fuels Globe’s broadband internet offerings, catering to residential, corporate, and enterprise customers. Beyond traditional telecommunications, Globe has tapped into digital financial services and content distribution arrangements, aligning themselves with a cashless economy trend through GCash and forging partnerships with global and domestic content providers. Through this multi-faceted approach, Globe not only fortifies its market position but also capitalizes on emerging technological advancements, ultimately thriving as a dynamic force in the Philippine economy.
See Also
What is Globe Telecom Inc's Net Income (Common)?
Net Income (Common)
23.1B
PHP
Based on the financial report for Dec 31, 2023, Globe Telecom Inc's Net Income (Common) amounts to 23.1B PHP.
What is Globe Telecom Inc's Net Income (Common) growth rate?
Net Income (Common) CAGR 5Y
5%
Over the last year, the Net Income (Common) growth was -30%. The average annual Net Income (Common) growth rates for Globe Telecom Inc have been 9% over the past three years , 5% over the past five years .