Telecommunications giant Globe Telecom Inc. is pushing for a national policy to establish underground conduit infrastructure as the standard for network expansion in the country, effectively phasing out traditional overhead lines prone to cable theft and accidental cuts. In a statement, Globe said...
With contributions from e-wallet giant GCash serving as a steady earnings driver, Globe Telecom Inc. is eyeing another strategic asset to power its long-term growth trajectory: data centers. Asked if the company sees another asset following the initial public offering (IPO) route, Globe Chief...
Ayala-led telco giant Globe Telecom Inc. reported an 11-percent drop in net income in the first half of the year as higher expenses offset record revenues and the continued growth of e-wallet giant GCash. In a disclosure to the Philippine Stock Exchange (PSE) on Wednesday, Aug. 5, Globe said its...
Globe Telecom Inc. is partnering with one of Japan’s leading telecommunications companies to pursue growth opportunities in the physical retail experience in the digital era. In a statement, Globe said it has entered into a strategic partnership with Tokyo-based KDDI Corp. to innovate its retail...
Telecommunications giant Globe Telecom Inc. is borrowing ₱10 billion from state-run Land Bank of the Philippines (Landbank) to bolster funding for its network expansion initiatives. In a July 15 disclosure, Globe said it signed a loan facility with Landbank to partially fund its capital...
Telecommunications provider Globe Telecom Inc. has secured government approval to begin commercial operations of its satellite-based mobile service through its partnership with Elon Musk’s Starlink. In a statement, Globe said it was recently granted the green light by the National...
Ayala-led Globe Telecom Inc. has secured a ₱5-billion loan from BDO Unibank Inc. to help finance its capital expenditures (capex) for the year, aimed at keeping pace with the country’s growing data demand. In a disclosure dated June 23, Globe said it signed a loan facility with BDO to partially...
Globe Telecom Inc. is planning to leverage services outside its traditional offerings, including the direct-to-cell service developed by Starlink, to propel its growth in a year of anticipated slower consumer demand due to accelerating inflation. Carl Cruz, president and chief executive officer...
Telecommunications giant Globe Telecom is optimistic that it will be able to cushion the impact of potentially weaker consumer demand amid higher costs of other goods to remain in line with its projection of revenue growth this year. Cezar Consing, the newly appointed chairman of Globe, said he...
The first time you walk into a Felipe & Sons, you’re greeted by a very specific smell: a mix of leather, cedarwood, and the kind of talcum powder your grandfather probably used. It’s intentional. The lighting is warm, the chairs are heavy, and for a second, you feel like you’ve stepped out...
Eighty families in the City of Mati now have safer homes and renewed opportunities after Globe, Ayala Foundation, Inc. (AFI) and Makati Development Corporation (MDC) turned over shelter kits to residents displaced by earthquakes and fires. The initiative helped families secure stable living spaces...
The corner office at Globe Tower in Bonifacio Global City (BGC), Taguig City, has long been a vantage point for the shifting skyline of Metro Manila, but for Jaime Augusto Zobel de Ayala, it was the laboratory. For three decades, the man everyone calls JAZA was at the center of the Philippines’...
