Jaime Augusto Zobel de Ayala, the long-standing architect of the Philippines’ telecommunications sector, is stepping down as chairman of Globe Telecom Inc., marking the end of a nearly three-decade tenure that saw the company evolve from a niche cable provider into a digital services...
Ayala-led Globe Telecom Inc. is locking in long-term renewable energy (RE) contracts for its data center operations, moves intended to insulate the company from volatile power costs while meeting the intensifying electricity demands of the digital economy. The telecommunications giant said its...
Telecommunications giant Globe Telecom Inc. is going full sprint in its push to meet the connectivity demands of an expanding global digital economy through a new high-capacity submarine cable system. Globe said it is joining the regional consortium building the Candle Cable System, which is...
Globe Telecom, Inc. has scheduled its Annual Stockholders’ Meeting on April 21, 2026, at 9:00 a.m. The meeting will be held virtually via https://conveneagm.com/ph/GLOBE2026ASM , and stockholders will only be able to participate by remote communication. Duly accomplished proxy forms and voting...
Globe Telecom, Inc. has scheduled its Annual Stockholders’ Meeting on April 21, 2026, at 9:00 a.m. The meeting will be held virtually via https://conveneagm.com/ph/GLOBE2026ASM , and stockholders will only be able to participate by remote communication. Duly accomplished proxy forms and voting...
Ayala Corp., the Philippines’ oldest conglomerate, posted record core earnings for a third consecutive year as gains in its real estate and banking units shielded the group from the slump in its energy and telecommunications businesses. In a disclosure to the Philippine Stock Exchange, the firm...
Globe Telecom Inc. received approval from the Philippine Stock Exchange (PSE) to raise as much as ₱25 billion through a sale of non-voting preferred shares to refinance debt and support network expansion. In a notice posted on the bourse’s website, the PSE said the Ayala-led carrier will offer...
Globe Telecom enters the next phase of its digital and business transformation, demonstrating that strong financial discipline and operational efficiency can power growth even amid challenging market conditions. With a robust balance sheet and strengthened cash generation, Globe is positioned to...
Ayala Corp. secured three top honors at the recent Asia Corporate Excellence & Sustainability (ACES) Awards, achieving a rare sweep of every category in which it was nominated. The Zobel-led conglomerate was recognized as one of Asia’s Most Influential Companies, Top Community Centric Companies,...
The Bangko Sentral ng Pilipinas (BSP) order for e-wallets to sever links with online gaming applications has weighed on the earnings of both gaming companies and the e-wallet platforms themselves. Unicapital Securities Inc. Research Analyst Peter Louise D. Garnace said the unlinking of online...
Globe and the Bank of the Philippine Islands (BPI) have taken a significant step toward more secure and seamless digital banking with a Proof of Concept (POC) for Silent Network Authentication (SNA). This next-generation verification method aims to reduce scams associated with One-Time Passwords...
Ayala-led telecommunications provider Globe Telecom Inc. aims to capture a larger share in the broadband market in the near term, as demand for higher data capacity rises and the threat from new players becomes more apparent. Carl Cruz, president and chief executive officer (CEO) of Globe, said the...
