Ayala-led Globe Telecom Inc. banked on contributions from its one-off equity earnings from the parent firm of popular e-wallet GCash to weather headwinds that led to a dip in its profit in the first half of the year. In a disclosure to the Philippine Stock Exchange (PSE), Globe reported that its...
Globe reiterates its commitment to support President Ferdinand Marcos Jr. 's call to bring inclusive development to Geographically Isolated and Disadvantaged Areas (GIDAs), following the priorities laid out in the 2025 State of the Nation Address. In his speech, the President spoke of the...
Globe now covers 96.13% of the Philippine population with its mobile network. Based on the 2020 population tally, that 's over 106 million people who can rely on mobile signals for calls, internet access, and daily communication. Despite this, around 4.2 million Filipinos still remain outside...
Telecommunications giant Globe Telecom Inc. said its network expansion strategy will focus on narrowing the digital divide affecting around 4.2 million Filipinos in remote areas in the country, as the company remains on track to achieve 100 percent mobile network coverage. As of August 2025, Globe...
Ayala-led telecommunications giant Globe Telecom Inc. has raised more than ₱89 billion in proceeds from tower sales, following the transfer of 93 towers to MIESCOR Infrastructure Development Corp. (MIDC) and Phil-Tower Consortium Inc. (PhilTower). In a disclosure to the Philippine Stock Exchange...
Telecommunications giant Globe Telecom Inc. has cleared another hurdle in its plan to integrate satellites into its network to serve remote communities, following the successful trial of the country’s first satellite-to-phone voice call. Globe said it recently completed a trial to test the...
Globe Telecom Inc. is upgrading its network infrastructure in Batanes to significantly improve the mobile network experience, providing high-speed connectivity to residents and visitors of the remote province. The telecommunications giant said it is employing alternative and innovative transport...
The Ayala Group reported that the parent company and four of its main subsidiaries have once again made it to the prestigious FTSE4Good Index Series due to their sound environmental, social and governance (ESG) practices. In a statement, the conglomerate said inclusion in the index strengthens the...
The Philippines stands to benefit from higher connectivity that meets the demands of artificial intelligence (AI) as a regional consortium of telco players, including Globe Telecom Inc., plots course for a new submarine cable system. In a statement, Globe said it is representing the Philippines in...
Carl Cruz had a choice: stay comfortable or seek a new challenge. After three decades building a successful career in the fast-moving consumer goods (FMCG) industry, he chose the latter, venturing into the world of telecommunications. “What 's there to prove?” This was the question his...
Market sentiment is showing certain signs of improvement, an emerging consensus among the biggest players. Amidst growing geopolitical tensions, the outlook remains positive, with the domestic bourse gradually becoming “more conducive” to initial public offerings (IPOs). Mobile wallet service...
Globe Telecom Inc. is ramping up its sustainability efforts by transitioning more than 3,000 cell sites and other low-energy utilization facilities to renewable energy, with a target completion date of 2028. The Ayala-led telecommunications giant announced that it has begun the process of...
