Telecommunications company Globe Telecom marks its 50-year milestone as a publicly listed firm by observing a bell-ringing tradition at the Philippine Stock Exchange.
Globe Telecom Celebrates 50 Years of Transformative Growth at Philippine Stock Exchange
Globe Telecom, a leading telecommunications and digital solutions company, marked a significant milestone on August 11, 2025, as it celebrated its 50th year as a publicly listed company on the Philippine Stock Exchange (PSE). The occasion was marked by a ceremonial bell ringing at the PSE trading floor, symbolizing the company's journey from its IPO in 1975 as Globe-Mackay Cable & Radio Corporation to its current status as a digital leader shaping the Philippines' inclusive digital future.
The event was attended by distinguished leaders from parent company Ayala Corporation, PSE, and the Securities and Exchange Commission (SEC), among others. Globe's top executives, including Carl Raymond R. Cruz, President and Chief Executive Officer, and Marisalve Ciocson-Co, Chief Compliance Officer, Senior Vice President for Legal and Compliance, and Assistant Corporate Secretary, led the bell ringing ceremony.
Over the past five decades, Globe has grown exponentially, with its market capitalization soaring by over 232,000% from its 1975 debut to around ₱248 billion in 2025. An initial ₱10,000 investment in its IPO would now be worth ₱863,517 with total returns including dividends reaching 19,193%. The company has been a consistent member of the Philippine Stock Exchange index (PSEi) since 2001 and included in the Dividend Yield index since March 2022.
Globe's evolution from a cable and radio operator to a major mobile and digital services provider has been marked by consistent dividend payouts, with brief pauses only during major network investments, indicating strong shareholder value creation. The company has also been recognised for its commitment to environmental, social, and governance (ESG) initiatives, including 10 consecutive years on the FTSE4Good Index Series.
Globe's leadership has emphasised inclusion and trust, advancing digital tools and programs to expand access across geography and income levels, responsible online use, and digital skills development for communities. The company's belief in sustainable enterprise as a vehicle to move the Philippines forward, first articulated by Ayala Corporation Chairman Jaime Augusto Zobel de Ayala in 1975, continues to guide Globe's journey today.
Carl Raymond Cruz, President and Chief Executive Officer of Globe Telecom, emphasised that ringing the bell marked a tribute to generations of customers, employees, and partners who have shaped Globe's story over five decades. He acknowledged the invaluable contributions of Globe's shareholders, Board of Directors, employees, and partners, whose continued trust and support have been instrumental in the company's 50-year journey.
Globe is viewed as a partner for the country's digital future, not just through technology, but through trust and its people. The company's leadership reiterated its commitment to continuing this journey, focusing on stronger connections, better access, and new opportunities for all Filipinos.
References: [1] Globe Press Release. (2025, August 11). Globe Telecom marks 50 years of public listing at the Philippine Stock Exchange. Retrieved from https://www.globe.com.ph/about-us/newsroom/press-releases/globe-telecom-marks-50-years-of-public-listing-at-the-philippine-stock-exchange
[2] BusinessWorld. (2025, August 12). Globe Telecom celebrates 50th year as PSE-listed firm. Retrieved from https://www.bworldonline.com/globe-telecom-celebrates-50th-year-as-pse-listed-firm/
[3] Inquirer.net. (2025, August 12). Globe Telecom marks 50 years as a publicly listed company. Retrieved from https://business.inquirer.net/347014/globe-telecom-marks-50-years-as-a-publicly-listed-company
- The achievement of Globe Telecom, now a telecommunications and digital solutions powerhouse with a market capitalization of around ₱248 billion, demonstrates the significant growth of a business in the technology sector over the last five decades.
- Globe Telecom's consistent membership in the Philippine Stock Exchange index (PSEi) and inclusion in the Dividend Yield index, along with its commitment to environmental, social, and governance (ESG) initiatives, underscores its potential as a transformative force in both finance and business.
