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Dito wants to capture 20 percent of market

Telco newcomer Dito Telecommunity Inc. has set its sights on cornering up to 20 percent of the market for mobile users, as the company shifts its focus from network expansion to customer acquisition......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets

Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Converge, Dito agree to share cable assets

Connectivity firms Converge ICT Solutions Inc. and Dito Telecommunity Corp. have decided to work together and have signed an agreement to share their cable assets to expand their coverage and improve services......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Converge and DITO team up to share select fiber optic cable infrastructure

Converge and Dito Telecommunity put out a joint press release yesterday to announce the signing of what they call a Master Facilities Provisioning Agreement (MFPA) for the sharing of select land-based and undersea fiber optic cable assets......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Dangerous move

The Court of Appeals may have cleared the way for a telecommunications company operating in the Philippines and partly owned by a Chinese state-owned enterprise to secure radio telecom frequency that can be used to enhance China’s espionage and surveillance capabilities and endanger the Filipinos’ constitutional right to privacy, according to local telco Now Telecom......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

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

‘NOW plea to nullify NTC circular still pending before CA’

The petition of NOW Telecom Co. Inc. to have the National Telecommunications Commission bidding guidelines for the entry of a new major player in the telco industry declared unconstitutional is still pending before the Court of Appeals, the company said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 11th, 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

Globe activates new submarine cable network

Globe Telecom Inc. has activated a new submarine cable segment of what is set to be the longest underwater cable in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Globe’s non-telco gamble paying off

Wireless giant Globe Telecom Inc. is reaping the fruits of its investments in non-telco segments, earning P2.6 billion from its tech ventures in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 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 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

Globe, UK Embassy partner to bolster Philippines cybersecurity

Telco giant Globe Telecom has linked up with the British Embassy to bolster the country’s digital infrastructure defenses......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 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

Globe to verify identity of 61 million users

Globe Telecom Inc. has initiated the authentication of each and every subscriber identity module (SIM) in its network to weed out mobile numbers involved in fraudulent activities......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Globe-blocked SIMs surge in 2023

Wireless giant Globe Telecom Inc. kept its foot on the pedal in terms of detecting fraud in 2023, quadrupling the number of SIMs it deactivated for their involvement in the distribution of spam messages......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2024