SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Mar 31, 2016

2. SEC Identification Number

1177

3. BIR Tax Identification No.

000-768-480-000

4. Exact name of issuer as specified in its charter

Globe Telecom, Inc.

5. Province, country or other jurisdiction of incorporation or organization

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

27F, The Globe Tower, 32nd Street corner 7th Avenue, Bonifacio Global City Postal Code 1634

8. Issuer's telephone number, including area code

(02) 797 2000

9. Former name or former address, and former fiscal year, if changed since last report

n/a

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common shares	132,756,410
Total debt I(in millions of pesos)	70,219

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

Philippine Stock Exchange (PSE) - Common, voting preferred, non-voting preferred

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Globe Telecom, Inc.GLO

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Mar 31, 2016
Currency (indicate units, if applicable)	Php '000

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2016	Dec 31, 2015
Current Assets	47,171,608	47,072,703
Total Assets	195,794,569	195,679,751
Current Liabilities	67,470,809	65,530,164
Total Liabilities	134,905,032	136,281,969
Retained Earnings/(Deficit)	17,198,391	15,778,557
Stockholders' Equity	60,889,537	59,397,782
Stockholders' Equity - Parent	60,888,317	59,392,028
Book Value per Share	377.82	366.62

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	29,867,036	26,219,730	29,867,036	26,219,730
Other Revenue	1,679,303	1,826,203	1,679,303	1,826,203
Gross Revenue	31,546,339	28,045,933	31,546,339	28,045,933
Operating Expense	25,691,093	22,280,778	25,691,093	22,280,778
Other Expense	-419,424	-282,034	-419,424	-282,034
Gross Expense	25,271,669	21,998,744	25,271,669	21,998,744
Net Income/(Loss) Before Tax	6,274,670	6,047,189	6,274,670	6,047,189
Income Tax Expense	1,940,017	1,843,956	1,940,017	1,843,956
Net Income/(Loss) After Tax	4,334,653	4,203,233	4,334,653	4,203,233
Net Income Attributable to Parent Equity Holder	4,340,278	4,204,602	4,340,278	4,204,602
Earnings/(Loss) Per Share (Basic)	31.6	30.59	31.6	30.59
Earnings/(Loss) Per Share (Diluted)	31.59	30.57	31.59	30.57

Other Relevant Information
This report contains Management's Discussion and Analysis of Financial Condition and Results of Operations for the three months ended March 31, 2016