Telecommunications giant Globe Telecom Inc. is taking a firm stance in opposing the Konektadong Pinoy Act, which recently lapsed into law, voicing its concerns against the law’s supposed “grave risks.” In a statement on Tuesday, Aug. 26, the Ayala-led firm said it is concerned that the...
The telecommunications industry is urging the government to ensure strong safeguards for consumers under the implementing rules and regulations (IRR) to be crafted for the Konektadong Pinoy Act, which recently lapsed into law. The bill, also known as the Open Access in Data Transmission Act,...
Telecommunications giant Globe Telecom Inc. has successfully completed a field trial of a long-range free space optics (FSO) technology, which is seen to expand connectivity to remote areas where difficult terrain hinders fiber rollout. In partnership with Google X’s Taara, Globe said it...
Globe Telecom Inc. is confident that the recent moves by regulators to lessen the involvement of e-wallets in online gaming will not affect the growth trajectory of its GCash business, which has a diversified revenue stream. In an interview on Monday, Aug. 18, Globe Telecom President and Chief...
The Department of Information and Communications Technology (DICT) is coming out with a new circular that will extend the validity of the licenses of independent tower companies (ITCs) from the current five years to at least 15 years or longer to match the lifespan of the facilities they are...
Speaking at the 1H 2025 financial media briefing, Globe reiterated its strong support for inclusive internet access and urged President Ferdinand Marcos Jr. (PBBM) to return the Konektadong Pinoy (KP) Bill to Congress for further refinement, ensuring it fully delivers on its transformative...
Zobel-led Ayala Corp. reported a core net income, which excludes one-off items, of ₱23.7 billion in the first half of 2025—a two percent decline compared to the same period last year but an improvement from the four percent drop in the first quarter of the year. “This was a result of higher...
Globe Telecom marked a significant milestone in Philippine corporate history as it celebrated its 50th year of public listing at the Philippine Stock Exchange (PSE) with a ceremonial bell ringing at the PSE trading floor in Bonifacio Global City. The event, held on August 11, 2025, commemorates...
It’s been a while, but Malacañang remains tight-lipped on the “Konektadong Pinoy” bill that aims to provide free Wi-Fi access, especially in Geographically Isolated and Disadvantaged Areas (GIDA), by liberalizing the telecommunications sector and expanding data connectivity. Yes, Virginia,...
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 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...
