Globe Telecom

Few telecom players in Asia Pacific match the executional depth of Globe Telecom. From Manila, the group manages a workforce of approximately 8k and generates close to $3B in revenue, while steadily widening the gap with regional peers.

The group's regional balance sheet allows it to invest counter-cyclically, an advantage few competitors can match in the current rate environment.

“Globe Telecom is, in its category, exactly the kind of compounding regional champion the next decade of capital allocation will reward.”

The outlook remains constructive: order books, hiring patterns and capex guidance all point to a multi-year expansion phase.