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Globe is one of the two largest telecommunications companies in the Philippines. It is a full-service telecommunications provider offering digital wireless communication, wireline voice, data transmission, domestic and international long distance communication services, and mobile commerce.
2007 Highlights
- Net income of P13.3 B, up 13%, ROE of 24%
- Paid out special cash dividend of P50 per common share, bringing total cash dividend payout to P116 per common share
- Redeemed US$300 M Senior Notes due 2012 to realize substantial savings in interest expenses
- Launched new brand identity, ONE GLOBE, anchored on the promise of “Enriching lives through ease and relevance”
- First in Asia and one among 14 mobile operators worldwide to provide mobile access to Yahoo!OneSearch
- Awarded Best in Corporate Governance for a Non-Financial Institution by the Management Association of the Philippines
- Ranked among the top five in Best in Corporate Governance by the Institute of Corporate Directors, the PSE and SEC
Strategic Initiatives
- Continue to drive growth in the core wireless business
- Accelerate expansion of the broadband business
- Protect margins by driving improvements in cost model
- Enhance shareholder value through capital management
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Consolidated Highlights
(in million pesos, except per share amounts and ratios)
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2007 |
2006 |
| Total Assets |
116,621 |
124,580 |
| Stockholders’ Equity |
55,417 |
56,948 |
| Revenues |
65,509 |
59,949 |
| Net Income |
13,277 |
11,755 |
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Per Share |
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| Earnings |
100.07 |
88.56 |
| Book Value |
412.78 |
425.16 |
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Ratios |
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| Current Ratio |
0.68 |
0.94 |
| Debt-to-equity Ratio |
0.55 |
0.69 |
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Top Shareholder |
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| Ayala Corporation |
33.2% |
34.3% |
| Singapore Telecom International Pte Ltd |
44.5% |
44.5% |
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| Stock Price Perfomance |
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2007 |
2006 |
| Year-end close |
1,570 |
1,235 |
| Year high |
1,740 |
1,340 |
| Year low |
1,180 |
725 |
Year-end market cap (in billion pesos) |
207.76 |
163.12 |
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| Globe Telecom, Inc.
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5F Globe Telecom Plaza I
Pioneer corner Madison Streets
Mandaluyong City
1552 Philippines
Tel (632) 730 2000
Fax (632) 739 2000
www.globe.com.ph
www.myglobe.com.ph
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