Globe Telecom, Inc., commonly shortened as Globe, is a major provider of telecommunications services in the Philippines. The company operates the largest mobile network in the Philippines and one of the largest fixed-line and broadband networks. As of December 2022, Globe's total mobile subscriber base reached 87.9 million. It is also the country's largest telecommunications company in terms of market capitalization. The company's principal shareholders are Ayala Corporation and Singtel. It is listed on the Philippine Stock Exchange under the ticker symbol GLO and had a market capitalization of ₱363 billion as of the end of August 2021. Globe offers commercial wireless services through its 2G, 3G, 3.5G HSPA+, 4G LTE, and LTE-A networks, with 5G currently being deployed in key areas in the Philippines. Its 5G coverage is available in over 3,000 locations all over the country and nearly 100% of the population in the National Capital Region, Davao City, and Cebu. In 2016, Globe introduced its Globe Lifestyle brand as a way to connect to its customers through fashion. It also launched two entertainment divisions: Anima (formerly Globe Studios), which focuses on film and television production, and Globe Live, which focuses on live concerts and musical events. History On December 8, 1928, Congress passed Act No. 3495 granting the Robert Dollar Company (a corporation organized and existing under the laws of the State of California), a franchise to operate wireless long-distance message services in the Philippines. Subsequently, Congress passed Act No. 4150 on November 28, 1934, to transfer the franchise and privileges of the Robert Dollar Company to Globe Wireless Limited, which was incorporated in the Philippines on January 15, 1935. In 1965, Globe Wireless Limited was merged with Mackay Radio & Telegraph Company and Philippine Press Wireless to form Globe-Mackay Cable and Radio Corporation ("Globe-Mackay"), with the transfer of Mackay's franchise to Globe Wireless Limited approved by the Congress through Republic Act No. 4491 enacted on June 19, 1965. By Republic Act No. 4630 enacted in the same date by the Congress, its franchise was further expanded to allow Globe-Mackay to operate international communications systems. Globe-Mackay was granted a new franchise on December 24, 1980, by Batasang Pambansa, under Batas Pambansa Blg. 95, extending it for 50 years. In 1974, Ayala Corporation began its investing in Globe-Mackay. Globe-Mackay offered its shares to the public on August 11, 1975, becoming the first telecommunications company in the country to