Ayala-led Globe Telecom Inc. was able to raise P3.93 billion from the successful sale of 326 cellular towers to Unity Digital Infrastructure. In a regulatory filing on Friday, Dec. 20, Globe said it officially divested 19 more towers to Unity for a total of P228 million, marking their sixth...
In line with its efforts to advance connectivity, Globe has launched Connectivity Champions, recognizing individuals and groups instrumental in advocating for universal and meaningful access. In its inaugural year, Globe selected three individuals known for their contributions to driving positive...
Creating a safer digital space for all means ensuring no one is left behind. A new community-based program is bridging the digital divide by providing senior citizens with the tools and knowledge to confidently embrace technology and protect themselves online. The SM Group, through SM Development...
Ayala-led Globe Telecom Inc. is set to develop the first off-grid solar-powered cellular site in Tawi-Tawi in a bid to provide mobile and data connectivity to residents in the remote area. In a statement over the weekend, Globe said some 10,000 residents on Turtle islands are set to benefit from...
Ayala-led Globe Telecom Inc. is optimistic about achieving its growth target of low to mid-single digits for the full year of 2024, due to strong performance over the past nine months. Globe's Chief Finance Officer, Carlo Puno, stated during an online news briefing on Monday, Nov. 11, “the growth...
E-wallet operator GCash has fully restored funds that were inadvertently debited from some users due to an error in its system reconciliation process over the weekend. Ernest Cu, president and chief executive officer of GCash’s parent company, Globe Telecom Inc., told reporters during an...
Ayala-led Globe Telecom Inc. reported a six percent increase in net income for the first nine months of the year to P20.6 billion from P19.4 billion in the same period last year, driven by higher earnings before interest, tax, depreciation, and amortization (EBITDA). In a regulatory filing, Globe...
Globe Telecom Inc. announced the deployment of 32T32R Massive MIMO technology across 200 dense urban areas in the country in a move to bolster network capacity and accelerate 5G expansion. In a statement, Globe said the solution, developed in partnership with Nokia, seeks to enhance LTE capacity...
Ayala-led Globe Telecom Inc. was able to raise P3.7 billion from the successful sale of 307 cellular towers to Unity Digital Infrastructure. In a regulatory filing on Tuesday, Oct. 29, Globe said it officially divested 25 more towers to Unity for a total of P300 million, marking their fourth...
Ayala-led Globe Telecom Inc. joined forces with Singapore-based Transcelestial Technologies Pte Ltd. to deploy a laser communications system that would expand its 4G and 5G connectivity in the country. Through its shared services and outsourcing arm Asticom Technology Inc., Globe said it conducted...
Ayala-led Globe Telecom Inc. successfully completed the network restoration services in seven areas severely hit by Typhoon Kristine, while five more provinces are undergoing rehabilitation. As of 9 am on Friday, Oct. 25, Globe said that network service was successfully restored in areas namely...
Carl Raymond R. Cruz, formerly chief executive officer (CEO) and managing director of an African telecommunications giant, will take over the reins of Ayala-led Globe Telecom Inc. beginning next year. In a statement on Wednesday, Oct. 23, Globe said Cruz will be nominated as its president and CEO...
