Globe has readied its network and prepositioned its personnel and supplies across Mindanao and parts of Visayas in anticipation of the potential impact of tropical depression “Kabayan” that has prompted storm warning signals in the southern regions a week before Christmas. The cyclone...
Globe Telecom’s 917Ventures startup company FundSpace, a leading loan aggregator dedicated to facilitating financing for businesses of all sizes, has entered into a strategic partnership with BPC Lending Inc. In a statement, Globe said this move is set to revolutionize the accessibility of...
Globe Telecom, a member of the Ayala Group, has blocked another record-high number of fraud-linked SIMs in the first nine months of the year via its Stop Spam reporting portal. In a statement, the firm said it has observed “a staggering rise in the number of SIMs from other networks used in spam...
Globe Telecom reported that it has connected 716 new 5G sites in the first nine months of the year to boost its 5G outdoor coverage to 97.67 percent in the National Capital Region and 92.06 percent in key cities of Visayas and Mindanao. In a statement, the firm said its network’s rapid...
NOW Telecom Company Inc. (NOW Telecom), an associate of NOW Corporation, has partnered with global satellite firm AST & Science LLC to improve its communications solutions and connectivity service. The two parties signed a memorandum of understanding (MOU) to seal the partnership, wherein NOW...
The National Telecommunication Commission (NTC) granted the renewal of NOW Telecom Company, Inc.’s radio license to operate in the 800 MHZ frequency as part of its goals to expand its communications security services. The company received the license dated Sept. 29, 2023 from the NTC on Oct. 2,...
Globe Telecom Inc. announced that its net income dropped by 27 percent to P19.4 billion in the first nine months of the year from P26.5 billion in the same period in 2022 due to “increased depreciation expense" as well as non-operating charges compared to last year's non-operating income and...
DAVAO CITY – Philtower Consortium Inc. aims to ensure that Mindanao enjoys network speed and availability on par with the rest of the Philippines following the signing of a memorandum of understanding with Globe Telecoms Inc. for the full takeover of cell site operations on the island in a hotel...
NOW Corporation and NOW Telecom Company, Inc. announced that it will launch a collaborative project that promises to offer on-demand advanced information technology (IT) solutions services to customers. TODAYbyNOW will provide a "comprehensive suite of services," according to the telco,...
Globe Telecom is consolidating its payments-related businesses by selling Electronic Commerce Payments Inc. (ECPay) to subsidiary Globe Fintech Innovations Inc. (Mynt), the parent company of GCash, in a transaction worth P2.31 billion. In a disclosure to the Philippine Stock Exchange (PSE), Globe...
Five leading internet service providers (ISPs) in the country have signed a Memorandum of Understanding (MOU) with the Intellectual Property Office of the Philippines (IPOPHL) to establish a site-blocking mechanism against pirate sites. The ISPS that signed the MOU include Globe Telecom, PLDT...
Globe Telecom, the communications unit of Ayala Corporation, has raised P15 billion from term loan facilities with Metropolitan Bank & Trust Company (Metrobank). In a disclosure to the Philippine Stock Exchange (PSE), the firm said the loans will be used to finance its capital expenditures...