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, 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 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, Taguig 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	132,900,855
Total debt (in Php Mn)	108,100

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 - Common (GLO), Voting Preferred (GLOPA), Non-Voting Preferred (GLOPP)

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, 2017
Currency (indicate units, if applicable)	Php '000

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2017	Dec 31, 2016
Current Assets	53,517,972	53,022,654
Total Assets	252,682,831	249,863,110
Current Liabilities	83,873,539	82,401,897
Total Liabilities	188,422,048	186,386,808
Retained Earnings/(Deficit)	20,173,163	19,422,402
Stockholders' Equity	64,260,783	63,476,302
Stockholders' Equity - Parent	64,246,609	63,439,766
Book Value per Share	402.78	397.3

Income Statement

	Current Year-To-Date	Previous Year-To-Date	Current Year (3 Months)	Previous Year (3 Months)
Operating Revenue	31,121,941	30,004,270	31,121,941	30,004,270
Other Revenue	1,804,098	1,679,303	1,804,098	1,679,303
Gross Revenue	32,926,039	31,683,573	32,926,039	31,683,573
Operating Expense	27,590,609	25,774,597	27,590,609	25,774,597
Other Expense	-223,211	-419,424	-223,211	-419,424
Gross Expense	27,367,398	25,355,173	27,367,398	25,355,173
Net Income/(Loss) Before Tax	5,558,641	6,274,670	5,558,641	6,274,670
Income Tax Expense	1,797,928	1,940,017	1,797,928	1,940,017
Net Income/(Loss) After Tax	3,760,713	4,334,653	3,760,713	4,343,668
Net Income Attributable to Parent Equity Holder	3,771,041	4,340,278	3,771,041	4,340,278
Earnings/(Loss) Per Share (Basic)	27.33	31.6	27.33	31.6
Earnings/(Loss) Per Share (Diluted)	27.31	31.59	27.31	31.59

Other Relevant Information
Please refer to attached