Globe Telecom. Inc. (GLO) was originally incorporated on January 15, 1935 as Globe Wireless Limited with a franchise to operate wireless long distance message services in the Philippines. The company eventually changed its name to the present one in 1992, and welcomed a new foreign partner the following year in Singapore Telecom, Inc. GLO is a telecommunications company in the Philippines. It offers its wireless services including local, national long distance, international long distance, international roaming and other value-added services through three brands: Globe Postpaid, Globe Prepaid, and TM. The company also provides its subscribers with mobile payment and remittance services under the GCash brand. GLO also provides wireline voice communications (local, national and international long distance), broadband and data services to individuals, small and medium enterprises, corporations and enterprises in the Philippines through Innove Communications, Inc. (Innove), a wholly owned subsidiary. The company's subsidiaries are composed of Innove, G-Xchange, Inc., Entertainment Gateway Group Corp., EGGstreme (Hong Kong) Limited, Karton Limited, and GTI Business Holdings, Inc. Source: SEC Form 17-A (2008)