Globe Telecom and PLDT Report Q1 2026 Results, Data Center Capacity Expansion
Globe Telecom’s data center joint venture is on track to exceed 30 MW capacity this year while PLDT’s Vitro arm holds 100 MW total. Both companies posted gains in mobile data traffic, 5G adoption and digital finance businesses in the first quarter. The reports highlight continued demand for AI-ready infrastructure and connectivity across the Philippines.
manilatimes.netGlobe Telecom and PLDT released their Q1 2026 financial reports on or before May 14, 2026, showing robust growth in data centers, mobile data usage and digital financial services. Globe said its data center joint venture ST Telemedia Global Data Centres Philippines is on track to exceed 30 MW of total capacity within 2026. STT Fairview 1 has completed its structure and Level 1 data halls.
Commissioning for Level 2 at STT Fairview 1 is underway and Level 3 is in the design phase. STT Cavite 2 Phase 1 has reached ready-for-service status and already has active customer deployments. The developments position the joint venture to support the country’s evolving digital and AI-driven economy, according to Globe.
5 MW renewable energy partnership to secure power supply for its data center campuses through 2035. PLDT’s data center arm Vitro has 100 MW of overall capacity. Vitro’s Santa Rosa, Laguna campus has 50 MW capacity and is the single largest data center in the Philippines.
Vitro Santa Rosa is described as the first AI-ready hyperscale data center in the Philippines. PLDT reported data center revenues grew 10 percent year-on-year in Q1 2026, boosted by sustained demand for secure, carrier-neutral facilities. The expansion reflects rising demand for facilities that store and process information powering cloud services, streaming platforms, online banking, artificial intelligence systems and mobile apps used daily by millions of Filipinos.
7 billion in Q1 2026, largely to support network expansion and capacity upgrades amid rising data demand. The company is building a pipeline of high-density, AI-driven workloads backed by infrastructure designed for advanced computing requirements. Globe Telecom’s mobile subscriber base reached around 67 million as of end-March 2026.
Mobile data traffic increased 18 percent year-on-year to 1,810 petabytes in Q1 2026 while average monthly data usage per subscriber climbed 12 percent to around 16 GB. PLDT’s total wireless data traffic rose 10 percent to 1,583 petabytes in Q1 2026.
2 million at end-2025. 2 million and represented 20 percent of its subscribers. Mynt now accounts for 30 percent of Globe Telecom’s net income before tax in Q1 2026, up from 22 percent in 2025.
Maya’s total deposits reached P76 billion as of March 2026 and grew 73 percent year-on-year. Both companies are advancing connectivity projects for remote areas.
PLDT is conducting tests for direct-to-device satellite-powered mobile connectivity with Lynk Global in the Ilocos Region. Globe Telecom is expected to roll out satellite services via Starlink in June 2026. PLDT deployed Google’s Taara air laser technology in Barangay Subay on Talim Island in Rizal.
The first-quarter results underscore sustained consumer demand for internet connectivity, video streaming, social media, gaming, mobile payments and other internet-based activities that drive network capacity and backend infrastructure needs.
Transparency
Reported by a single outlet. This score reflects source tier and factual specificity — corroboration is limited with one source.
Story details
Related Stories
nypost.comBerkshire Hathaway to Buy Taylor Morrison Home for $5 Billion in Cash
Berkshire Hathaway agreed to buy Taylor Morrison Home Corp. for $5 billion, or $50 per share in cash. The deal is the first multibillion-dollar acquisition under new Berkshire CEO Greg Abel.
dig-in.comWildfires caused record insured losses in 2025 despite lower total area burned
A study found wildfires produced 38 per cent of global insured natural hazard losses in 2025. Major fires in the United States, South Korea and Europe killed about 90 people and forced roughly 300,000 evacuations.
Iran Maintains Sovereignty Over Strait of Hormuz, Demands Asset Release Before Nuclear Concessions
Washington returned a stricter draft agreement to Tehran. Iran said it would not sign until frozen assets are released and rights secured.