Ayala-led telecommunications giant Globe Telecom Inc. has raised more than ₱89 billion in proceeds from tower sales, following the transfer of 93 towers to MIESCOR Infrastructure Development Corp. (MIDC) and Phil-Tower Consortium Inc. (PhilTower). In a disclosure to the Philippine Stock Exchange...
Telecommunications giant Globe Telecom Inc. has cleared another hurdle in its plan to integrate satellites into its network to serve remote communities, following the successful trial of the country’s first satellite-to-phone voice call. Globe said it recently completed a trial to test the...
Globe Telecom Inc. is upgrading its network infrastructure in Batanes to significantly improve the mobile network experience, providing high-speed connectivity to residents and visitors of the remote province. The telecommunications giant said it is employing alternative and innovative transport...
The Ayala Group reported that the parent company and four of its main subsidiaries have once again made it to the prestigious FTSE4Good Index Series due to their sound environmental, social and governance (ESG) practices. In a statement, the conglomerate said inclusion in the index strengthens the...
The Philippines stands to benefit from higher connectivity that meets the demands of artificial intelligence (AI) as a regional consortium of telco players, including Globe Telecom Inc., plots course for a new submarine cable system. In a statement, Globe said it is representing the Philippines in...
Carl Cruz had a choice: stay comfortable or seek a new challenge. After three decades building a successful career in the fast-moving consumer goods (FMCG) industry, he chose the latter, venturing into the world of telecommunications. “What 's there to prove?” This was the question his...
Market sentiment is showing certain signs of improvement, an emerging consensus among the biggest players. Amidst growing geopolitical tensions, the outlook remains positive, with the domestic bourse gradually becoming “more conducive” to initial public offerings (IPOs). Mobile wallet service...
Globe Telecom Inc. is ramping up its sustainability efforts by transitioning more than 3,000 cell sites and other low-energy utilization facilities to renewable energy, with a target completion date of 2028. The Ayala-led telecommunications giant announced that it has begun the process of...
Globe has opened a new TM Tindahan in the heart of Vigan City, providing residents and visitors with easier access to essential connectivity products and services, all in one accessible and customer-friendly location. Located on the ground floor of the Andino Building along Quezon Avenue, the...
Telecommunications giant Globe Telecom Inc. is set to launch the country’s largest data center in the third quarter of the year, as it bolsters its network capacity to accommodate the growing demand from hyperscalers and artificial intelligence (AI). Globe’s data center arm, ST Telemedia Global...
Only Ayala Land Inc. (ALI) and Globe Telecom, both members of the Zobel-led Ayala Group, made it to TIME Magazine’s World’s Most Sustainable Companies 2025, a list of the top global leaders in environmental, social, and governance (ESG) performance. The inclusion of Globe (No. 451) and ALI...
Globe Telecom Inc. has completed the migration of more than 600 cities and municipalities across the Philippines from outdated copper cables to modern fiber technology, strengthening the delivery of a more reliable internet connection. Covering more than 60 provinces, the Ayala-led...