Anchored on Telco Strength, Globe’s Expansion into Digital Solutions Solves Everyday Pain Points
Globe remains at the forefront of the nation's digital transformation, offering a diverse range of digital solutions that address daily pain points and enhance the quality of life for Filipinos.
Its shift from a traditional telco to a technology-driven business was propelled by the pandemic's challenges, and Globe's rapid adaptation to these challenges has made it an integral part of people’s everyday life.
As the country witnesses a surge in digital momentum, Globe stands out with its expansive portfolio, international collaborations, and strong network that supports its digital ecosystem.
Tackling Daily Challenges with a Diverse Digital Portfolio
Globe's transition into a tech-centric entity has resulted in a vast array of services spanning fintech, digital health, adtech, edutech, climate tech, ecommerce, B2B SaaS, and entertainment, spearheaded by venture builder 917Ventures.
Additionally, the Asticom Group of Companies drives tech-enabled shared services and outsourcing, while corporate venture capital firm Kickstart Ventures invests in tech startups globally through the largest venture capital fund in the Philippines. This multifaceted portfolio firmly establishes the Globe Group as a cornerstone in the Philippines' digital transformation landscape.
Leveraging Collaborations to Deliver Comprehensive Services
Globe's growth is bolstered by strategic partnerships with global industry leaders. One notable collaboration is with Alibaba's fintech arm, Ant Financial, supporting Globe's affiliate fintech company, GCash. GCash has evolved from a mobile wallet to a comprehensive finance superapp, serving a vast segment of the population, including the unbanked.
Likewise, leading telehealth service KonsultaMD, backed by Mexico’s Salud Interactiva, is now a superapp in collaboration with HealthNow and AIDE. This app aims to revolutionize the country’s healthcare sector, providing 24/7 access to doctor consultations, medicine delivery, home care, and more.
On the other hand, Globe's partnership with ST Telemedia Global Data Centres (STT GDC) and AC will result in the country's largest, most interconnected, carrier neutral, and sustainable data center, the STT Fairview data center campus. This campus will also be the largest in the STT GDC portfolio.
As the Globe Group continues to explore new digital solutions and expand its current non-telco portfolio, revenues from this business already witnessed a remarkable growth of 52% year-on-year, at PHP2.8 billion in the same period in 2022. Non-telco revenues now account for 3.5% of the company’s total gross service revenues.
Ernest Cu, President and CEO of the Globe Group, emphasized the company's collaborative approach, saying: "Collaboration is at the core of the Globe Group. This is how we initiate and drive the delivery of services for the greater good. When like-minded businesses collaborate, their impact is multiplied, and a greater number of people benefit."
Empowered by a Robust Network Infrastructure
Globe's success in delivering a myriad of services is underpinned by its formidable network infrastructure. This robust foundation ensures seamless connectivity, high-speed data transmission, and consistent service availability.
By continuously investing in and upgrading its network capabilities, Globe guarantees that every digital solution it offers is backed by reliability and efficiency. This unwavering commitment to network excellence ensures that Filipinos can always rely on Globe to stay connected, access vital services, and embrace the digital future with confidence.
"Our goal is to craft a future where the Philippines stands as a beacon of progress, where every individual's aspirations are within reach, and where our nation's potential is recognized and celebrated. Our commitment is anchored on harnessing digital innovation to drive transformative change for our people and our homeland,” said Cu.
With its unwavering commitment to innovation, collaboration, and service, Globe continues to pave the way for a digitally inclusive and prosperous Philippines.