SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Feb 20, 2017

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

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

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

8. Issuer's telephone number, including area code

(02) 797-2000

9. Former name or former address, 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	132,758,588
TOTAL DEBT (in Millions of Pesos)	105,726

11. Indicate the item numbers reported herein

Please refer to the relevant attachment.

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 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Clarification of News Report

Source	The Philippine Star (Internet Edition)
Subject of News Report	“Alibaba owner invests in Globe unit”
Date of Publication	Feb 20, 2017

Clarification of News Report
Globe Telecom’s equity stake in Mynt through GCVHI amounts to less than 10 percent of Globe Telecom’s total shareholders’ equity. Please refer to the relevant attachment.
Other Relevant Information
This is in reply to the Philippine Stock Exchange, Inc.’s (PSE) letter dated February 20, 2017 seeking clarification and/or confirmation on the news article entitled “Alibaba owner invests in Globe unit” posted on The Philippine Star (Internet Edition) on February 20, 2017, which reported in part that: “MANILA, Philippines - Ant Financial Services Group, the financial technology company controlled by Alibaba’s Jack Ma, is making a strategic investment to get a 45-percent stake in Globe Fintech Innovations Inc. (Mynt), a unit of Globe Telecom Inc., to help accelerate financial inclusion in the Philippines. . . . . Asked how much worth of investment would be made by Ant in Mynt, Yoly Crisanto, senior vice president for corporate affairs at Globe, declined to disclose the amount. . . After the investment is made, she said ‘Ant and GCVHI will have 45 percent holdings each, (while) the rest is Ayala.’ . . . .”