Globe Telecom of the Ayala Group has renewed its strategic partnership with First Gen Corporation, a leading renewable and clean energy firm, to further its commitment to net-zero emissions by 2050. The telco said the partnership will contribute to expanding Globe's Renewable Energy (RE) sites...
The Ayala Group’s Globe Telecom expects to complete by the end of 2024 its landmark tower sale and leaseback deal which is seen to generate a total of P96.3 billion. "We are aiming to complete 100 percent of our tower sale by this year. However, even if we only reach about 92 percent by...
Globe Telecom, part of the Ayala Group, announced the deployment of 20 new sites in four provinces in Central Luzon to enhance the region’s digital infrastructure and support its agricultural economy and growing tourism sector. In Bulacan, Globe said it built six new towers: two in Marilao and...
Globe is pleased to announce the appointment of Darius Jose R. Delgado as its new Chief Commercial Officer (CCO), effective September 1, 2024. Delgado succeeds Maria Louisa “Issa” Guevarra-Cabreira, who will transition into the role of Leadership Development Advisor reporting to the Chief...
Globe Telecom reported that it has maintained its MSCI ESG (Environment, Social, and Corporate Governance) Rating of "AA" for the second consecutive year. In a disclosure to the Philippine Stock Exchange, the firm noted that MSCI ESG Research provides MSCI ESG Ratings on global public and a few...
Globe Telecom, one of the core business units of the Ayala Group, added four new cell towers in the municipality of Liloan, Cebu, to enhance connectivity and digital access for local communities. The firm said this development will benefit residents of the coastal town, particularly in Brgy. Tayud,...
ST Telemedia Global Data Centres (STT GDC) Philippines opened its upgraded facility in Makati City as part of its expansion efforts to raise data center capacity in response to increasing demand. STT GDC is a joint venture between Globe Telecom, Ayala Corporation, and ST Telemedia Global Data...
Despite a lower capital expenditures budget this year, Globe Telecom reported that it continues to make significant strides in expanding its network infrastructure across the country. The firm reported that it built 352 cell towers and upgraded 1,942 existing mobile sites to long-term evolution...
Globe Telecom, Inc., a member of the Ayala Group, has secured P22 billion in fresh loans from China Banking Corporation, Land Bank of the Philippines, and Metropolitan Bank & Trust Company. In a disclosure to the Philippine Stock Exchange, the Zobel-led firm said it has signed term loan...
Ayala-led Globe Telecom said its net income was almost flat at P14.5 billion in the first half of 2024, up by one percent from P14.4 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said, “This was primarily driven by the robust EBITDA...
Globe Telecom is rolling out six new cell towers in Lapu-Lapu City to boost connectivity in the thriving island of Mactan. The firm said in a statement that the towers are strategically positioned to uplift local tourism and improve livelihood and quality of life for residents. The additional...
Zobel-led Globe Telecom welcomes the recent signing of the Anti-Financial Account Scamming Act (AFASA) which is seen to address prevalent online scams through more robust deterrence and enforcement measures. The law aims to “protect all persons from falling prey to the various cybercrime schemes...