What is Globe?
Founded in 1935 and headquartered in Metro Manila, Philippines, Globe operates as a key mobile network operator and broadband network provider. The company plays a critical role in the nation's digital infrastructure, offering a wide array of telecommunications services to consumers and businesses alike. Its long-standing presence and extensive network position it as a leader in the Philippine market, adapting to evolving technological demands and consumer needs.
How much funding has Globe raised?
Globe has raised a total of $1.8B across 7 funding rounds:
Debt
$152M
Multiple Rounds
$963.9M
Debt
$600M
Debt
$100M
Debt (2015): $152M with participation from Metropolitan Bank and Trust Co
Debt (2016): $33M led by Land Bank of the Philippines
Debt (2016): $430M supported by Metropolitan Bank & Trust Co.
Debt (2016): $100.4M featuring UnionBank of the Philippines
Debt (2016): $400.5M backed by Metrobank
Debt (2020): $600M, investors not publicly disclosed
Debt (2021): $100M led by Bank of China
Key Investors in Globe
Metropolitan Bank & Trust Co.
Metropolitan Bank & Trust Co. is a major financial institution in the Philippines, likely providing significant debt financing and corporate banking services to large enterprises.
Bank of China
Bank of China, a state-owned international trade finance bank, is involved in providing substantial capital, potentially for cross-border infrastructure or large-scale corporate financing.
UnionBank of the Philippines
UnionBank of the Philippines is a prominent digital bank, likely participating in financing rounds for major Philippine corporations, supporting their growth and technological advancements.
What's next for Globe?
The recent major strategic investment, coupled with the overall enterprise-level funding Globe has attracted, suggests a strategic push towards expanding its service offerings, enhancing network capabilities, and potentially exploring new market segments. This capital infusion is likely to fuel further innovation in areas such as 5G deployment, digital services, and fiber broadband expansion. Globe's trajectory indicates a commitment to solidifying its leadership and driving digital transformation within the Philippines.
See full Globe company page
