Globe Telecom, Inc. (GLO) was originally incorporated on January 16, 1935 as Globe Wireless Limited with a franchise to operate wireless long distance message services in the Philippines. The Company eventually changed its name to the present one in 1992, and welcomed Singapore Telecom, Inc. as a new foreign partner the following year. 

GLO is a telecommunications company that provides digital wireless communication services nationwide under the "Globe Postpaid", "Globe Prepaid", "Touch Mobile", and "Tattoo" brands using a fully digital network.

The Company also offers domestic and international long distance communication services or carrier services.

On July 20, 2015, GLO agreed to purchase from Bayan Telecommunications Holdings Corporation and Lopez Holdings Corporation all the equity in the capital stock of Bayan Telecommunications, Inc. (BayanTel). The transaction followed the conversion by GLO of BayanTel debt into equity provided under the resolution of BayanTel's Rehabilitation Court (Regional Trial Court Branch 158 Pasig City) and as approved by the National Telecommunications Commission on July 2, 2015.

This transaction increased the Company's equity interest in BayanTel to 98.57% from 56.87%.

On May 30, 2016, GLO announced the approval of its Board for GLO to acquire 50% of the equity interest of the telecommunications business of San Miguel Corporation held through Vega Telecom, Inc. (Vega Telecom), with Philippine Long Distance Telephone Company (TEL) acquiring the remaining 50% interest.

The Board of GLO also approved the acquisition by GLO of 50% equity interest in the telecommunications businesses of New Century Telecoms, Inc. and eTelco, Inc. Vega Telecom owns controlling interests in Bell Telecommunication Philippines, Inc.; Eastern Telecommunications Philippines, Inc.; Cobaltpoint Telecommunication, Inc. (formerly Extelcom); Tori Spectrum Telecommunication, Inc. (formerly Wi-Tribe); and Hi-Frequency Telecommunication, Inc.

The Company's subsidiaries are composed of:

• Innove Communications Inc.
• G-Xchange, Inc.
• GTI Business Holdings, Inc.
• Kickstart Ventures, Inc.
• Asticom Technology, Inc.
• Globe Capital Venture Holdings, Inc.

Sector Details:

• Sector: Services
• Subsector: Telecommunications

source: PSE Edge

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Value Screen Scorecard

Stocks are scored based on Profitability & Growth, Financial Health, Quality, Dividends and Valuation. Each criterion in the list is scored based on financial data for a total of 100 points. Stocks are ranked from 1 to 5, 1 being the highest.

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Piotroski F-Score

The Piotroski F-Score is a financial metric model that's helpful in spotting turnaround businesses. For more information, you may read about it here.

Altman Z-Score

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Estimated Growth Rates

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Intrinsic Value Calculations

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