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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

PSE has until 2025 to spend money it raised in 2018

The PSE disclosed that its board of directors voted to approve an extension of the timeline for its disbursement of the P2.8 billion in net proceeds that it raised through a 2018 stock rights offering......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 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

Data centers seen to boom this year

A unit of Globe Telecom Inc. said the data center business in the Philippines would boom this year in response to the growing demand for information storage worldwide......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Meralco expects energy sales to grow this year

Despite a projected slowdown in demand from the commercial segment, the Manila Electric Co. (Meralco) still expects its energy sales to improve by 4.5 percent this year......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Any ‘Galentine’s Day’ ideas?

CEBU CITY, Philippines– Girls will always find a reason to spend time together, gossiping, and having the best time of their lives. Even during this love month when everyone is thinking about the perfect dates with their partners, single and in a relationship ladies are always ready to spend time with their main B’s even.....»»

Category: newsSource:  inquirerRelated NewsFeb 13th, 2024

How and my senior friends spend our afternoons

How and my senior friends spend our afternoons.....»»

Category: newsSource:  sunstarRelated NewsApr 16th, 2024

Cebu City to spend P200M for Palaro

Cebu City to spend P200M for Palaro.....»»

Category: newsSource:  sunstarRelated NewsFeb 2nd, 2024

Meralco expects higher sales in Q2

Manila Electric Co. (Meralco) expects its sales to grow by six to eight percent from April to June, according to chief commercial officer Ferdinand Geluz......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024