Globe Telecom has signed a Memorandum of Understanding (MOU) with the GSM Association (GSMA) to improve the interoperability and delivery of mobile services across different networks worldwide through collaboration and standardization. In a statement, Globe said this strategic partnership grants...
Ayala-led Globe Telecom is asking its customers to support its call for fair network use as the firm seeks to combat signal pollution due to the unauthorized use of signal boosters. Amid its sustained efforts to expand and boost network coverage across the country, Globe underscored the detrimental...
Globe, a leading telco and expanding technology company in the Philippines, has earned a spot on the inaugural Fortune Southeast Asia 500 list, cementing its stature as one of the largest companies in the region. Globe ranked 111, with revenues at $3.240 billion and profits of $441 million as...
Ayala Corporation, one of the country's leading conglomerates, reported that it sustained its growth momentum with a 26 percent growth in core net income, which excludes one-off items, to P11.8 billion in the first quarter of 2024 from P9.4 billion in the same period last year. In a disclosure to...
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...
The Zobel’s Ayala Group is venturing into the importation and distribution of e-scooters through an $8.5 million (P480 million) joint venture with Gogoro Network Pte Ltd of Singapore (Gogoro SG). In a disclosure to the Philippine Stock Exchange, Ayala Corporation (AC) said it will establish a...
Globe Telecom Inc. has achieved the ₱9.5 billion second closing of 750 towers to be transferred to Frontier Tower Associates Philippines Inc. (Frontier Towers), the telco disclosed Monday, Dec. 12. With this latest closing, the telco has transferred a total of 1,550 out of the 3,529 towers to...
Globe Telecom Inc. is deploying 5G Standalone (SA) technology following its successful live network testing, the telco announced Monday, December 12. 5G Standalone technology is an upgrade of 5G connectivity that provides ultra-low latency and higher bit rates, enabling super-fast response times...
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...
Local telcos suffered at least a thousand incidents of cable theft and sabotage of their network equipment in the first semester of 2022 alone. They urged customers to stay vigilant against such illegal activities disrupting their internet connection, Thursday, July 21. Recently, a group of men...
