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Puregold adds feature in mobile app for Globe prepaid customers

GLOBE Telecom, Inc. announced Thursday a new feature added to Puregold Price Club, Inc.’s mobile app for the loading needs of its prepaid customers.

Globe’s partner tower companies to build 900 more cell sites

GLOBE Telecom, Inc. expects 900 more cell sites to be built soon as its partnerships with tower builders are now in advanced stages, the Ayala-led telecommunications services provider said.

Globe sees strong growth in broadband business

GLOBE TELECOM, INC. expects its home broadband subscriber base to continue growing in the second half as schools reopen and more people work from home amid a coronavirus pandemic.

Globe invests in business application company

GLOBE TELECOM, INC. announced Monday that it will buy a 67% stake in Third Pillar Business Applications, Inc., a business application consulting and systems integration firm.

Globe, Mineski shore up strategic alliance

DETERMINED to see their common vision of advancing interest and appreciation for esports in the country, Globe and Mineski Philippines recently renewed their partnership.

Globe income down nearly 8%, capex guidance cut by 20%

THE second-quarter net income of Globe Telecom, Inc. declined 7.8% to P4.90 billion from P5.32 billion in the same period last year due to the impact of coronavirus lockdowns on its operations.

Duterte threat vs telcos weighs on investor sentiment

INVESTOR sentiment against Globe Telecom, Inc. and PLDT, Inc. is turning negative after President Rodrigo R. Duterte threatened to shut down the telecommunications giants if they fail to improve services by December, analysts said.

Globe looking to invest more in content creation

GLOBE TELECOM, Inc. said it is studying to invest further in video content creation as part of its response to the changing needs of its customers.

Globe, AC Health to launch mobile health app

Ayala Corp.’s (AC) healthcare unit and Globe Telecom, Inc. will soon offer their services in a single mobile health app called “HealthNow,” which they plan to launch in the next 30 days.

Globe identifies 27 areas for new cell sites

Globe Telecom, Inc. plans to add more cell sites in Metro Manila and 26 other provinces beginning this month as it targets to further...

Consultations via telemedicine service soar — Globe

GLOBE Telecom, Inc. (Globe)said the coronavirus pandemic brought an increase in demand for its telemedicine service in May.

Globe enters into loan deal again to finance capex

GLOBE Telecom, Inc. on Monday said it has signed a new term loan facility to finance its capital expenditures (capex).

OUTLIER: Profit taking drags Globe Telecom stock lower

PROFIT taking drove much of Globe Telecom, Inc.’s stock activity last week.

Globe partners with Korean streaming service

PHILIPPINE telecommunications company Globe has expanded its roster of video streaming site partners with the entry of VLive, a South Korean live video streaming and entertainment platform service.

Globe to add cell sites in residential areas as consumers stay...

GLOBE Telecom, Inc. is adding more cell sites in residential areas as more consumers are now working from or studying at home.

LRTA allows Globe to erect cell sites along LRT-2 line

GLOBE Telecom, Inc. has obtained the go-signal from the Light Rail Transit Administration (LRTA) to build cell sites along the stretch of LRT-2’s line from Santolan Station in Quezon City to Recto Station in Manila.

Lockdown gives $3.4-billion boost to PLDT, Globe

WHILE the coronavirus grinds the $331 billion Philippine economy to almost a halt, a boom in mobile digital payments is reviving investor interest in the nation’s two telecom carriers.

Globe income down 2%

THE first-quarter net income of Globe Telecom, Inc. declined 2% to P6.6 billion from P6.73 billion in the same period last year due to sustained increase in depreciation charges and a bigger share in affiliates’ losses.

Globe forges deal to acquire US technology firms

AYALA-LED Globe Telecom, Inc. said it has entered into an agreement to acquire for $4 million (P200 million) substantially all of the assets of US-based technology companies Cascadeo Corp. and Cascadeo Partners.

Globe turns over 1,000 preloaded mobile phones to the country’s frontliners

Globe continues to support the connectivity needs of those at the forefront of the country’s COVID-19 response efforts by turning over 1,000 mobile phones...

Globe releases 5G-ready Huawei smart phone

GLOBE TELECOM, Inc. on Thursday launched its first fifth-generation (5G) network-enabled smart phone, the Huawei Mate 30 Pro, as it aims to expand further its network this year to meet the continuing strong demand for data.

Globe, Puregold team up for shoppers’ mobile app

GLOBE Telecom, Inc. and Puregold Price Club, Inc. launched on Friday a mobile app that enables Puregold shoppers do online shopping.

Globe taps DBP for P5-B term loan as it ramps up...

GLOBE TELECOM, Inc. said it signed a P5-billion term loan with the state-run Development Bank of the Philippines (DBP), as it is set to continue ramping up capital spending to improve data infrastructure in the country.

Globe names new information chief

GLOBE TELECOM, Inc. on Wednesday announced the appointment of Carlomagno E. Malana as its new chief information officer beginning Jan. 1, 2020.

Data demand drives Globe Q3 profit higher

GLOBE Telecom, Inc. reported a 17% rise in profits in the third quarter, driven by strong growth in all its data-related products and services.

Globe to acquire majority stake in ECPay

GLOBE Telecom, Inc. is spending P1.54 billion to acquire a majority stake in Electronic Commerce Payments, Inc. (ECPay).

Globe 5G services offered in parts of Rizal, Cavite, Bulacan

GLOBE Telecom, Inc. is expanding the coverage of its fifth-generation (5G) network to parts of Rizal, Cavite and Bulacan.

Globe unit targets 25% increase in revenues

GLOBE Telecom, Inc. wholly owned subsidiary Yondu, Inc. is targeting to reach P940 million in revenues at the end of the year as it continues to expand its portfolio of digital services.

Globe signs MoU for 150 cell sites in Luzon

GLOBE TELECOM, Inc. has signed its third agreement for shareable telecommunications towers with a wholly owned subsidiary of global infrastructure firm American Tower Corp. (ATC).

Globe buys back Yondu shares

GLOBE TELECOM, Inc. is buying back all its shares in Xurpas, Inc. subsidiary in a move expected to benefit its enterprise business.

Globe enterprise division signs 17 reseller deals

THE enterprise arm of Globe Telecom, Inc. said it is expanding its presence across the country’s three main island groups with new partnership deals with resellers.

PHL telcos seen to sustain revenue growth this year

FITCH Ratings expects the two major telco companies in the Philippines to book mid to high single-digit revenue growth for full year 2019, amid stabilizing competition between the two players.

Globe rethinks plan to lease tower assets amid lack of rules...

GLOBE Telecom, Inc. said it may put on hold its plan to lease or sell its tower assets, as the government is still finalizing rules on shared telecommunications infrastructure.

Globe’s 917 Ventures to focus on non-telco services

GLOBE TELECOM, Inc. is strengthening its push for non-telecommunications related services, as it rebrands Globe Capital Ventures Holdings, Inc. (GCVH) as 917 Ventures.

Globe posts flat earnings in Q2

GLOBE Telecom, Inc. reported flat earnings in the second quarter as ramped-up infrastructure spending dampened the growth in revenues.

5G network now available in Pasig — Globe

GLOBE Telecom, Inc.’s fifth-generation (5G) network became commercially available in Pasig City over the weekend.

PLDT, Globe’s rating differential to narrow — Fitch

THE credit rating margin between rivals Globe Telecom, Inc. and PLDT, Inc. is expected to narrow in the next 18 months, as the Ayala-led telco shows improved cash flows.

Globe leads fixed wireless home broadband market

GLOBE TELECOM, Inc. said it grew its market share for fixed wireless home broadband in the first quarter as the penetration rate across the country expanded during the period.

Globe taps Israeli satellite networking firm

GLOBE Telecom, Inc. inked a new partnership with an Israel-based satellite networking firm for the provision of WiFi services in schools and hospitals across the country.

Globe Telecom partners with Aboitiz for common towers

GLOBE Telecom, Inc. has secured its second deal to order shareable telecommunications infrastructure from the tandem of Aboitiz InfraCapital, Inc. and Frontier Tower Associates Philippines (FTAP).

Globe set to lease 150 common towers from two companies

TWO common tower providers are set to sign a memorandum of agreement (MoA) with the Department of Information and Communications Technology (DICT) after securing a deal with Globe Telecom, Inc. for the installation of passive telecommunications infrastructure.

Globe makes case for energy-saving benefits of more cell towers

GLOBE TELECOM, Inc. is calling for the easing of restrictions on building passive telecommunications infrastructure such as cell sites, claiming that easier rules would aid network operators in operating more efficiently by reducing power consumption.

Globe upgrades cell towers in Semirara island

GLOBE Telecom Inc. said it has completed upgrading cell towers with long-term evolution (LTE) technology in Semirara Island.

Globe stands firm on Huawei partnership

GLOBE TELECOM, Inc. said it will continue to partner with Huawei Technologies Co., Ltd., including on the establishment of a fifth-generation (5G) network in the country, despite the United States placing the Chinese tech giant on a trade blacklist last week.

Data drives Globe profit higher in 1st qtr

EARNINGS of Globe Telecom, Inc. rose 44% in the first quarter, on strong revenues from sustained increase in data usage by mobile and home broadband subscribers.