Digital solutions platform Globe Telecom Inc. said Friday it expects to sustain the growth of its non-telecom revenues next year, driven by healthcare, financial technology and IT solutions businesses.
“We are glad to see our non-telco revenues continuing their rapid growth momentum. We believe that our decision to pivot and expand our growth opportunities through non-telco services have paved the way for us to remain relevant and competitive,” said Globe Group president and chief executive Ernest Cu.
“Being at the forefront of digital innovations, Globe is bringing the company closer to its vision of uplifting the lives of Filipinos,” he said.
Globe has diversified its offerings to include financial technology, healthcare, edutech, entertainment, adtech, e-commerce, manpower, information technology services and investments. Its non-telco revenues reached P2.8 billion in the first nine months, up 101 percent from the same period last year.