Tag page - GLOBE CAPEX 2022

Globe Telecom Inc. hit its largest annual investment for mobile and fixed networks last year, with a P101.4 billion capital expenditure (CAPEX), 9 percent above 2021 figures, the telco stated Friday, Feb. 17. Globe has allocated the majority, or 86 percent, of its total cash capex to data...

Globe Telecom Inc. fired up 26 new Long Term Evolution (LTE)-capable cell sites in Oriental Mindoro and Marinduque through stronger partnerships with local cooperatives, the telco disclosed Tuesday, December 6. Globe collaborated with the Oriental Mindoro Electric Cooperative Inc. (ORMECO) and the...

Globe Telecom Inc.'s network rollout remained on track with 1,064 new cell towers built and P74.4 billion capital expenditure (capex) spent in the first nine months of 2022, the telco announced Monday, November 28. The bulk of the telco's capex, 84 percent, was allocated for data requirements to...