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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

‘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

Japan slips into a recession and loses its spot as the world s third-largest economy

Japan slips into a recession and loses its spot as the world s third-largest economy.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Japan slips into a recession and loses its spot as the world s third largest economy

Japan slips into a recession and loses its spot as the world s third largest economy.....»»

Category: newsSource:  sunstarRelated NewsFeb 15th, 2024

‘NOW ON ITS HOMESTRETCH’ | Abalos emphasizes transitory provisions of NIR bill

‘NOW ON ITS HOMESTRETCH’ | Abalos emphasizes transitory provisions of NIR bill.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 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 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 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

The mystical, mysterious PI

The Senate committee on constitutional amendments and revision of codes and its newly created Senate sub-committee kick off their own legislative process to tackle the highly contentious Charter change (Cha-cha) bills......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

VP Sara ready to face ICC charges only before a Filipino court

Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Envoy discusses importance of West Philippine Sea, 2016 arbitral ruling

The Philippine embassy in Ankara hosted a special screening of the West Philippine Sea documentary “Kalayaan: Karapatan sa Karagatan,” aimed to educate viewers on the Philippines’ maritime claims in the West Philippine Sea and its ongoing efforts to resolve the contentious issue......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Globe pushes for zero-lease policy for telco infra

Globe pushes for zero-lease policy for telco infra.....»»

Category: newsSource:  sunstarRelated NewsMay 14th, 2024

Globe seeks removal of lease fees on in-building telco facilities

Globe Telecom Inc. is seeking for the removal of lease fees on in-building telco facilities to support the push for inclusive connectivity......»»

Category: financeSource:  philstarRelated NewsApr 10th, 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 NewsApr 10th, 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

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

Telco logs 26% more theft cases in network facilities

Telco logs 26% more theft cases in network facilities.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

NEDA: Further reforms needed in telco industry

The National Economic and Development Authority is pushing for the passage of an open access framework bill and key reforms in the country’s franchising and licensing regime to further promote competition in the telco sector......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024