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Fiber demand drives Globe’s broadband growth in 1Q 2026

Home broadband revenues rose 6% year-on-year to ₱6.2 billion, supported by deeper fiber adoption across the base and steady demand for data-driven services.

Globe sustained its broadband momentum in the first quarter of 2026, with fiber continuing to anchor growth as more Filipino households transition to high-speed, reliable connectivity. Home broadband revenues rose 6% year-on-year to ₱6.2 billion, supported by deeper fiber adoption across the base and steady demand for data-driven services.

Fiber remained the dominant component of Globe’s home broadband portfolio, accounting for approximately 93% of total home broadband revenues, as adoption continued to deepen across households. This shift reflects the company’s ongoing push to transition customers to faster and more reliable connectivity, supported by the steady expansion of its fiber footprint nationwide. As a result, Globe’s total broadband subscriber base grew 22% year-on-year to 2.2 million, driven by migration to fiber and sustained demand for high-quality internet services to support work, online learning, entertainment, and everyday digital activities. The milestone of one million GFiber Prepaid subscribers further highlights the increasing preference for flexible and accessible fiber solutions nationwide.

This strong fiber-led performance allowed the segment to sustain business momentum, marking its fourth consecutive quarter of sequential growth and delivering one of its strongest starts to the year in recent periods.

Consistent Network Experience

Facing global uncertainties, Globe maintains a disciplined and focused approach to ensure a consistent network experience. The company prioritizes efficient capital allocation, funneling investments into high-impact infrastructure like fiber, while simultaneously maintaining positive free cash flow and minimizing foreign exchange exposure. In the first quarter, Capital Expenditures (CapEx) totaled  12.7 billion, predominantly dedicated to data-related initiatives.

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“As demand for high-speed connectivity continues to grow, our focus is on scaling fiber to meet the evolving needs of Filipino homes while maintaining a reliable and consistent network experience,” said Carl Cruz, President and CEO of Globe. “We remain disciplined in how we invest, ensuring that every peso spent delivers meaningful value for our customers and supports long-term sustainability of the business.”

Going forward, Globe maintains a low to mid single-digit percent revenue growth for the year, anchored on sustained demand for data and continued expansion of its fiber footprint. Against a volatile macro-economic backdrop, this guidance reflects both prudence and confidence in the Company’s ability to provide consistent and reliable best-in-class network experience.

By strengthening its fiber infrastructure and expanding access nationwide, Globe continues to reinforce its position in home connectivity, enabling more households to participate in the country’s growing digital economy.

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