The company operates the largest mobile network in the Philippines and one of the largest fixed and broadband networks. As of December 2022, Globe’s total mobile subscribers reached 87.9 million. It is also the country’s largest telecommunications company by market capitalization.
The company’s history began on December 8, 1928, after the Robert Dollar Company franchised the operation of wireless long-distance messaging services in the Philippines to the Philippine Congress, and then Congress approved the creation of Globe Wireless Limited in 1935 to take over the operations of the services left by Robert Dollar.
In 1965, Globe Wireless Limited was merged with Mackay Radio & Telegraph Company and Philippine Press Wireless to form Globe-Mackay Cable and Radio Corporation (“Globe-Mackay”). In 1991, Globe-Mackay merged with Clavecilla Radio Corporation, a pioneer in the domestic telecommunications sector, to form GMCR, Inc. The merger gave GMCR the ability to provide all forms of telecommunications to address the domestic and international requirements of its customers.
On August 20, 1998, GMCR was renamed Globe Telecom, Inc. In 2001, Globe merged with Isla Communications Company, Inc. (“Islacom”), a joint venture with Deutsche Telekom as the foreign partner. It became its wholly owned subsidiary effective June 27, 2001.
In 2004, Globe invested in G-Xchange, Inc. (“GXI”), a wholly owned subsidiary, to process money transfer and mobile payment services marketed under the GCash brand using Globe Telecom’s network as the carrier.
In August 2008, and to further grow its mobile data segment, Globe acquired 100% ownership of Entertainment Gateway Group (“EGG”), a leading provider of mobile content. in the Philippines. EGG Corporation is engaged in the development and creation of wireless products and services accessible through telephones or other forms of communication devices.
In the third quarter of 2016, Globe Telecom beat Smart Communications to become the largest telecommunications company in terms of subscriber base with 65.8 million subscribers, 200,000 more than the competition. In 2018, Globe Telecom was voted the best place to work in Asia.
On October 1, 2020, Globe Telecom launched “GOMO”, the Philippines’ first fully digital telecommunications company.
Globe offers commercial wireless services through 2G, 3G, 3.5G HSPA+, 4G LTE and LTE-A networks, with 5G currently being rolled out in key areas in the Philippines. Its 5G coverage is available at more than 3,000 locations across the country and nearly 100% of the population in the National Capital Region, Davao City and Cebu.
According to Wikipedia
