Globe Telecom Shifts from Telco to Techco

Ernest Cu, President and CEO of the Globe Group, stated that their MWC debut is crucial in establishing themselves as a leading digital disruptor and enabler in the Philippines and to highlight their evolution from a telco to a techco. Cu expressed pride in showcasing their commitment to uplifting the lives of Filipinos through digital transformation and being part of the global conversation on technology and connectivity.

During the event, the Globe President will participate in a panel discussion with the CEOs of top Southeast Asian telcos, discussing new network-related technologies and connectivity challenges in the Philippines, among other issues. Transcelestial, one of the companies supported by Globe’s Kickstart Ventures, will also participate in the panel.

Martha Sazon, President and CEO of fintech platform GCash, will be a keynote speaker in a plenary session at the MWC, discussing “New Behavior for a New” and examining the changing user experience and its essential role as capabilities surrounding the metaverse strengthen. Sazon will also participate in the Fintech Summit session, which will tackle “The Rise of Fintech Disruption,” delving into how fintech is enabling the creation of powerful and disruptive solutions that are redefining the market.

GCash is now a double unicorn valued at $2 billion, with a user base of 76 million. The mobile wallet continues to expand its financial services, from payments and cash transfers to credit, savings, insurance, and investment products. It also features an e-commerce platform that offers various retail options such as food, wellness, travel, recreation, and real estate services.

Recently, GCash started its beta launch of GCash Overseas, which allows Filipinos based in Japan, Australia, and Italy to sign up for GCash using an international SIM – another game-changer in the Philippine fintech industry. The full launch of this feature is expected later this year.

With almost a hundred portfolio companies under its wing, the Globe Group has expanded into the country’s leading digital solutions platform, offering services in fintech, health tech, adtech, edutech, outsourcing and managed services, enterprise data, and investments.