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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

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

Cebu City police all set for security coverage of CVIRAA 2024

CEBU CITY, Philippines  — The Cebu City Police Office (CCPO) is all set to provide security coverage for the Central Visayas Regional Athletic Association (CVIRAA) meet, which will have its opening ceremony on Saturday, May 4, at the Festival Grounds of the South Road Properties (SRP). Police Lieutenant Colonel Janette Rafter, Deputy Director for Operations.....»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 2024

Mati City, 10 municipalities in Davao Oriental suspend classes, work

Following the impact of a Low-Pressure Area (LPA) affecting Northern and Southern Mindanao, local government units (LGUs) in Davao Oriental have collectively suspended classes and government and private offices. The City of Mati and 10 municipalities, including Baganga, Governor Generoso, Cateel, and others, have issued Executive Orders in line with Presidential Executive Order No. 66, series of 2012. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) has forecasted moderate to heavy rains in Davao Oriental due to the Northeast Monsoon (Amihan) and LPA, posing a risk of landslides and flash floods. The Provincial Local Government Unit of Davao Oriental and Municipal Disaster Risk Reduction Management Councils have reported landslides in Lupon and Cateel, with ongoing clearing operations. The Bureau of Fire Protection and other government agencies have rescued families affected by flash floods in Cateel and Caraga. Franz Irag from the Office of Civil Defense-Davao Region confirmed that around 200 individuals or close to 500 families in Davao Region have been displaced and are now in evacuation centers. Additionally, five LGUs in the province of Davao de Oro have also declared the suspension of classes and work in both public and private offices......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

NOW Telecom loses Supreme Court case

NOW Telecom once sued the NTC over the fees it set in the bidding process, but the Supreme Court says the guidelines 'were proper' to ensure that companies were financially and technically capable.....»»

Category: newsSource:  rapplerRelated NewsMar 10th, 2024

Aging poor Pinoys lack access to health coverage – ADB

“The Philippines stands out as among those with relatively low coverage of poor older people despite the Universal Healthcare Law.”.....»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

‘Prioritize child’s interest in media coverage’

‘Prioritize child’s interest in media coverage’.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Free PhilHealth coverage OK’d for solo parents

Single parents will now be entitled to free coverage of the state-run Philippine Health Insurance Corp. as provided under the law expanding the economic benefits for single fathers and mothers, a senior administration lawmaker disclosed yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Full PhilHealth coverage for cancer treatment, major surgeries pushed

The Philippine Health Insurance Corp. should have full coverage of cancer treatments, heart bypass and other major operations, a party-list lawmaker said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

IC plans to increase CMVLI coverage to P200,000

The government plans to increase the indemnity claims of vehicular accident victims amid the need to improve overall insurance coverage in the country......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024