Consistent with its demonstrated record of sustainability, Globe Telecom turned in a strong growth and stable profitability performance for the first quarter of 2026 against the backdrop of ongoing global uncertainties, including geopolitical tensions affecting energy costs and consumer behavior.
Consolidated gross service revenues reached P42 billion, up 5% year-on-year, driven by sustained demand for connectivity and digital services.
Furthermore, data essentially contributed 91% of total consolidated service revenues, and mobile data remained as key growth driver, lifting revenues by 11% year-on-year to P26.8 billion.
Traffic also expanded by 18% to 1,810 petabytes, reflecting sustained usage across video, social media, gaming, and digital payments.
While revenue in the first quarter dropped in contrast with the immediately preceding fourth quarter, this decline, as explained by management, is only a matter of sequential decline or an expected baseline reset due to seasonality differential rather than a cause for concern.
