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Globe Records Robust 8% YoY Growth in Corporate Data Business

Globe Records Robust 8% YoY Growth in Corporate Data Business

Leading digital solutions platform provider Globe recorded an impressive 8% year-on-year growth in its corporate data business for the first nine months of 2023, signaling a robust upward trend in its operations.


Corporate data revenues soared to a record ₱13.6 billion, a remarkable increase credited to the outstanding performance of the company's information and communications technology (ICT) services, which surged by 20% compared to the same period last year.


Globe remains at the forefront of the digital transformation journey for its enterprise clients, offering an array of end-to-end data solutions specifically tailored to the diverse needs of modern businesses.


"The surge in our data services revenue signifies the trust that our customers place in us to lead their digital transformation initiatives. As we continue to expand our offerings and enhance our infrastructure, we remain steadfast in our commitment to delivering excellence and enabling our clients to achieve greater heights in an increasingly connected world,” said Ernest Cu, Globe President and CEO.


The company's portfolio includes ICT services such as cloud solutions, business applications, cybersecurity services, and data center services, big data, and IoT.


Its data services offer state-of-the-art data center solutions that include business continuity, data recovery services, round-the-clock monitoring and management, dedicated server hosting, and maintenance for application hosting. Clients also benefit from dedicated hardware provided by leading partner vendors for seamless off-site deployment.


Further extending its suite of services, Globe's Corporate Data division provides premium-grade access solutions that encompass voice, broadband, and video services, tailored for connectivity demands of various sectors.


This sustained growth trajectory is a testament to Globe's unwavering dedication to innovation and customer satisfaction. By consistently expanding and refining its service offerings, Globe is not only enhancing its business prospects but also reinforcing its commitment to spearheading the digital transformation of enterprises across the country.


Public Company Information:

PSE: GLO

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