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

Sep 30, 2014

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

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

8. Issuer's telephone number, including area code

(632) 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	132,730,578
Total Debt (in Millions of Pesos)	66,399

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:

Please refer to attached

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	Sep 30, 2014
Currency (indicate units, if applicable)	Php '000

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2014	Dec 31, 2013
Current Assets	44,992,640	35,631,202
Total Assets	175,728,399	159,078,933
Current Liabilities	52,835,196	54,989,331
Total Liabilities	120,882,496	117,439,682
Retained Earnings/(Deficit)	10,781,626	7,715,286
Stockholders' Equity	54,845,903	41,639,251
Stockholders' Equity - Parent	54,848,900	41,639,251
Book Value per Share	-	-

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	25,006,182	22,725,280	72,701,341	67,256,830
Other Revenue	586,724	1,030,670	2,960,063	3,067,630
Gross Revenue	25,592,906	23,755,950	75,661,404	70,324,460
Operating Expense	20,572,188	20,921,158	61,242,225	66,303,643
Other Expense	-384,014	-241,366	-906,293	-845,875
Gross Expense	20,188,174	20,679,792	60,335,932	65,457,768
Net Income/(Loss) Before Tax	5,404,732	3,076,158	15,325,472	4,866,692
Income Tax Expense	1,711,660	957,049	4,797,649	1,337,162
Net Income/(Loss) After Tax	3,693,072	2,119,109	10,527,823	3,529,530
Net Income Attributable to Parent Equity Holder	3,694,424	2,119,109	10,530,315	3,529,530
Earnings/(Loss) Per Share (Basic)	27.79	15.94	79.17	26.47
Earnings/(Loss) Per Share (Diluted)	27.72	15.9	79.01	26.47

Other Relevant Information
This report contains Management's Discussion and Analysis of Financial Condition and Results of Operations for the nine months ended September 30, 2014