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Globe closed on an additional P1.16-B in tower sales

Globe Telecom, the Zobel Family’s telecommunications company, disclosed that it closed on the sale of another 91 cell towers to Frontier Towers to raise approximately P1.16 billion in cash......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024

Globe gets P5 billion from sale of towers

Telco-to-tech provider Globe Telecom Inc. raised almost P5 billion from the sale of towers in the first quarter, providing it with some of the capital needed to upgrade services and pay debts......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

Maharlika fund eyes JV for rural telco towers

The Maharlika Investment Corp.is in the process of tapping foreign partners for a joint venture in building telecommunication towers in rural areas in a bid to address the digital gap......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Globe to property developers: Remove lease fees for in-building telco facilities

Globe to property developers: Remove lease fees for in-building telco facilities.....»»

Category: CCCCCCSource:  philstarRelated NewsFeb 21st, 2024

Globe to property developers: Remove lease fees for in-building telco facilities

Globe to property developers: Remove lease fees for in-building telco facilities.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Globe to property developers: Remove lease fees for in-building telco facilities

Globe to property developers: Remove lease fees for in-building telco facilities.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

DOH to review stem cell treatment guidelines

The Department of Health will soon review and update the existing guidelines for stem cell treatment......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

KKR investing $400 million for telco towers in Philippines

US-based global investment firm KKR is investing $400 million for the development of telco towers in the Philippines, according to the US Department of Commerce......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

ADB lends P2.4 billion to iSON for buildup of telco towers

The Asian Development Bank is extending P2.4 billion in loans to iSON Tower Limited Inc. to bankroll the construction and operation of 800 shared telecommunication towers in the country......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Mandani Bay tops off 4 towers, total investments now stands P130B

Mandani Bay tops off 4 towers, total investments now stands P130B.....»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

Globe sets 2024 capex at P55 billion, a 5-year low

Mobile giant Globe Telecom Inc. is bringing down its capital expenditures to a five-year low of P55 billion in 2024, as the telco works on attaining a certain cost efficiency for financial health......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

ADB, iSON ink deal to boost Philippines digital connectivity

MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

ADB, iSON ink deal to boost Philippines digital connectivity

MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

DPWH tallies 268 gov’t and school buildings partially destroyed in Hinatuan quake

The Department of Public Works and Highways (DPWH) in Davao Region reported that a total of 268 school and national government buildings were partially destroyed by the magnitude 7.4 earthquake that struck Hinatuan, Surigao del Sur on December 2. The estimated damage amounted to P108,497,894.84 for school buildings and P1,899,365.60 for national government buildings. The damages included cracks on walls and falling debris such as ceilings. According to Engr. Alexander Turingan of DPWH XI, there were no reported damages in Davao Occidental and Davao del Sur. Franz Irag, Office of Civil Defense (OCD) XI operations head, emphasized the importance of addressing damages to school buildings, which also serve as evacuation centers during calamities. Dean Ortiz, spokesperson of DPWH XI, highlighted the agency's focus on national roads and bridges, clarifying that they will respond to requests to inspect private and government buildings. Architect Kashagar Toghyani, officer-in-charge of the Office City Building Official (OCBO) of Davao City, urged private building owners to promptly engage professional engineers to assess structural integrity, especially for buildings housing more than 10 individuals. He emphasized the necessity of fire inspections and transparency with building occupants to ensure their safety. The recent earthquakes did not affect government buildings in the Davao Region, and DPWH is committed to conducting thorough assessments and ensuring the safety of buildings and their occupants in the aftermath of the quake......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Government tackling high construction costs

The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says. Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi families."Further analysis shows building costs are consistently higher.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

Globe gets ‘B’ CDP rating for 3 consecutive years

Globe gets ‘B’ CDP rating for 3 consecutive years.....»»

Category: newsSource:  sunstarRelated NewsFeb 19th, 2024

Globe gets P1.5 billion from tower sale

Wireless giant Globe Telecom has received P1.5 billion from its tower sale with PhilTower Consortium Inc., pumping in additional cash to pay for capital expenditures and maturing debts......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Globe spending for cybersecurity reaches $90 million

Globe Telecom Inc. has invested around $90 million to improve its security measures, improving the capability of its digital defenses in fighting online fraud......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Globe launches 'SeniorDigizen program

Getting used to today’s technology and online services can be a daunting task for the elderly, but Globe Telecom launched yesterday a campaign to get more Filipino seniors into the digital economy and enjoy the benefits of digitalization.?.....»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Globe launches connectivity solution for disaster response

Wireless operator Globe Telecom Inc. has brought in an improved version of its technology that provides connectivity services, from call and text to internet access, in times of emergency......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024