Ayala Corporation reported a 75 percent fall in net income to P11.4 billion in the first nine months of the year but noted that its performance in the third quarter is much improved compared to the second quarter of 2020. In a disclosure to the Philippine Stock Exchange, the conglomerate said...
Globe president and CEO Ernest Cu Filipinos' increased appetite for data, both mobile and broadband, which had been driven by the pandemic, will continue as the economy recovers. "The rapidly expanding data needs of Filipinos will only continue to grow as the economy recovers,” confirmed Ernest...
Buoyed by sustained demand for data and broadband in pandemic times, PLDT Inc. hauled in P126.6 billion revenues for the first nine months of 2020, up 9 per cent versus the same period last year. Reported income grew 23 per cent to P19.7 billion, despite losses incurred from investments like...
Globe President and CEO Ernest Cu Despite the double whammy of a pandemic and economic recession, Globe Telecom Inc.’s third quarter consolidated service revenues improved 3 per cent to P37 billion versus last quarter’s performance due to surging data demand. However, the telco's total revenues...
Globe Telecom, Inc. and Dito Telecommunity Corporation have partnered with Aboitiz InfraCapital, Inc. for small cell deployment to boost network capacity and coverage. The Aboitiz Group’s infrastructure arm expects more business within the next two years as telcos prepare for 5G...
Smart Communications Inc. (Smart) and Globe Telecom Inc. reported Monday (Nov. 2) that they have begun restoring services in areas hit by Typhoon Rolly (international name Goni). On Sunday (November 1) Smart said it had fully restored services in Northern Samar after customers experienced...
Internet speed in the Philippines has improved by more than 80 percent in the past two and a half years, while the cost of prepaid mobile Internet in the country is now one of the most affordable in Southeast Asia, according to a telecom executive. Globe Telecom Inc. presented the data to refute a...
Watch Halloween @ Home live on Globe At Home’s Facebook page on October 31, 10AM Halloween is one of the most awaited events every year, especially for kids and the young at heart who have a penchant for scary things. While this year’s celebration might be different than usual, families can...
Bounty Agro Ventures, Inc. (BAVI)—home of the famous brand Chooks-to-Go—tapped Globe Business to optimize its digital operations and provide customers with contactless access to food products. The leading chicken rotisserie company and one of the largest poultry integrators in the Philippines...
Globe Telecom Inc. is urging mobile customers to migrate to 4th Generation/Long Term Evolution (4G/LTE) technology to connect faster and improve their data experience. Currently, the telco is undertaking massive network upgrades nationwide as more customers take to the internet for...
Globe Telecom Inc. is migrating its broadband network from copper to fiber and has moved over 40 percent of targeted customers nationwide to its newer, higher-speed network for free. With the shift to fiber, Globe broadband customers enjoy better connection as more people use the...
Despite the pandemic, Globe Telecom Inc. has upgraded 26.4 percent more cell sites this year versus 2019, totaling 7,780, exceeding its forecast as it moves into the last quarter. The cell sites are now 4th generation Long Term Evolution (4G LTE), with faster connectivity. Globe also installed 593...
