Globe Telecom Incorporated - updates

Rappler's latest stories on Globe Telecom Incorporated

ARTICLE FINDER

PLDT not keen on joining Globe for independent cell tower firm

May 15, 2018 - 12:40 PM

PLDT chief Manuel Pangilinan says his firm does not see the need to share any of its existing network elements, including cellular towers

NOT KEEN. ‘At this time, we don't see any benefit or need to share any of our existing network elements, including our towers,’ PLDT chief Manuel Pangilinan says. Photo by Alecs Ongcal/Rappler

Globe Telecom open to partnering with PLDT for cell tower firm

May 07, 2018 - 4:40 PM

The Ayala-led company says the creation of an independent cell tower firm would significantly reduce the time needed for a new player to roll out

PLDT formally gives Cure's 3G frequency for free

Mar 11, 2018 - 7:40 PM

The Department of Information and Communications Technology says the surrendered 3G frequency is now available for a new major telecommunications player

Globe in talks for independent cell tower firm

Feb 08, 2018 - 3:40 PM

Globe president Ernest Cu also says the firm is looking at divesting all or part of its tower assets to independent tower companies

Duterte order on Cure frequencies for 3rd telco contradicts PLDT-NTC deal

Feb 06, 2018 - 9:45 PM

A 2011 agreement states that the National Telecommunications Commission would bid out the surrendered Cure frequencies, with PLDT being given monetary compensation. President Rodrigo Duterte now refuses to give that compensation.

3RD TELCO ISSUE RAISED. President Rodrigo Roa Duterte presides over the 22nd Cabinet Meeting at the Malacañan Palace on February 5, 2018. Malacañang photo

Globe Telecom expects to sustain high capital spending until 2020

Feb 06, 2018 - 6:10 PM

The Ayala-led telecommunications giant projects between $850 million and $900 million as annual capital spending budget until 2020

HIGH CAPEX. 'Majority of the company's capex for 2018 is geared to meet customer demand for more bandwidth-intensive content, which, in turn, will support the revenue momentum of our data-related services,' Globe chief Ernest Cu says. Photo by Josh Albelda/Rappler

3 consortia forming up to battle for Philippines' 3rd telco slot

Jan 24, 2018 - 7:36 PM

The acting chief of Department of Information and Communication Technology (DICT) says these 3 groups will each be led by Converge ICT Solutions Incorporated, Now Corporation, and Philippine Telegraph & Telephone Corporation (PT&T)

Graphics by Alyssa Arizabal/Rappler

Naming Philippines' 3rd telco might take longer than expected

Jan 24, 2018 - 1:44 PM

The Department of Information and Communication Technology (DICT) has a tall order from the Philippine president: Launch a major 3rd telecom player by March 2018. Prospective entrants think the timeline is too short.

Globe, PLDT battle it out in cashless payments

Oct 25, 2017 - 4:25 PM

Globe invites Chinese billionaire Jack Ma to the launch of its new mobile payment technology. On the same day, PLDT relaunches its scan-to-pay service.

QR CODES. GCash users are now able to shop at select Glorietta 4 merchants with a simple scan of their personal QR code in their smartphone. Photo by Chrisee Dela Paz/Rappler

Telcos turn to Makati to beta test all-in-one digital card, app

Jun 01, 2017 - 6:31 PM

PLDT chairman Manuel Pangilinan says the telco chose Makati as a test case because of its reach as a premier financial center

DEEP MARKET. Makati 'is the country's business and trade hub. The reason we tested it here because Makati has the deepest market from a commercial perspective,' PLDT chief Manuel Pangilinan says. Photo by Martin San Diego/Rappler

Globe, Smart to cut mobile voice call rates to P1 per minute

Mar 27, 2017 - 7:30 PM

The Philippines two telco giants lower the cost of mobile voice calls as competition heightens

PRICE WAR. The two telecommunication giants will reduce again their mobile voice call rates to entice more subscribers. Rappler file photo

Globe Telecom lowers capital spending to $750M for 2017

Jan 19, 2017 - 7:00 PM

This is lower than Globe s 2016 capital spending budget which was at a high of 1 050 billion

BALANCE FINANCES. Globe chief Ernest Cu says the lower capex for 2017 was meant to balance its expenses and revenues. Photo by Josh Albelda/Rappler

PLDT, Globe reduce interconnection voice calls to P2.50

Nov 28, 2016 - 10:01 AM

UPDATED With the reduced interconnection rates the NTC expects retail rates for voice calls to be lowered by about P1 per minute

LOWER VOICE RATES. This was announced a few days after President Rodrigo Duterte’s pronouncement for telcos to lower rates or improve services or he will open the markets to foreign players. Rappler file photo

After SEC, PSE penalizes Liberty Telecoms

Nov 10, 2016 - 12:39 PM

Liberty Telecoms – owned by PLDT Incorporated and Globe Telecom Incorporated – is now in the process of delisting from the stock exchange after undertaking a tender offer

NON DISCLOSURE. Liberty Telecoms is being fined for not disclosing the re-allocation of spectrum frequencies. File photo by Rappler

Globe Telecom's Q3 net income drops by 50%

Nov 07, 2016 - 3:36 PM

Expense from its buyout of San Miguel Corporation s telecommunications business dents the Ayala led firm s 3rd quarter financial performance

CUT IN HALF. Globe Telecom executives explain how its net income dropped during last quarter. Photo by Chrisee Dela Paz/Rappler

Globe Telecom ups stake in Taodharma to 67%

Nov 05, 2016 - 2:31 PM

It was in April 2014 when the Ayala led telco signed an exclusive partnership with Australian based telecoms retail company Allphones

MAJORITY. The Ayala-led telco tells the Philippine Stock Exchange that its board of directors has approved the increase of its stake to 67% from 25% in Taodharma. Rappler photo

Liberty Telecoms' minority shareholders accept P2.20 per share offer

Oct 26, 2016 - 11:50 AM

The tender shares will be crossed at the PSE no later than November 10 while the settlement date has been set not later than November 15

GOODBYE, PSE. Liberty Telecoms has offered to acquire 165.833 million, representing 12.82% owned by minority shareholders at P2.20 per share

SEC slaps Liberty Telecoms with P346K fine

Oct 21, 2016 - 7:14 PM

SEC tells Liberty Telecoms – now owned by PLDT and Globe Telecom – that it will be fined for not disclosing the re assignment of its coveted frequencies

NON DISCLOSURE. Liberty Telecoms says it did not disclose with SEC the re-allocation of frequencies as it considered it as a 'soft information.' File photo by Rappler

Globe Telecom hikes 2016 spending to over $1B

Oct 20, 2016 - 4:29 PM

Its board of directors approves additional capital expenditure of 300 million for network expansion

HIKES SPENDING. According to Globe, the additional CAPEX of $300 million will be used for mobile network expansion ($160 million), corporate data network ($50 million), and broadband network ($90 million)

Globe Telecom targets 500 more LTE 700 MHz cell sites by end-2016

Aug 29, 2016 - 1:05 AM

Globe Telecom accelerates the deployment of cell sites using the 700 MHz band amid a court battle against the Philippine Competition Commission regarding the San Miguel telco buyout

SPEED UP. These cell sites are expected to substantially improve mobile Internet experience of customers in the region. Image from Shutterstock

Globe Telecom launches Davao power feed for SEA-US undersea cable

Aug 16, 2016 - 7:45 PM

Globe Telecom switches on Davao s power feed equipment facility for the country s first undersea cable system which directly connects the northern Philippines to the rest of the world

FIRST. Globe President & CEO Ernest Cu (2nd from right) and Davao City chairman of the Association of Barangay Captains and Councilor January Duterte (3rd from left) lead the opening of the power feed equipment site of the SEA-US cable landing facility located in Barangay Talomo, Davao City. Photo by Globe

Globe Telecom expects 7%-9% profit growth in 2016

Aug 04, 2016 - 8:35 PM

This is despite stiffer competition in the local telecommunications sector and the steady decline in traditional voice and SMS services

MARKET SHIFT. Local telcos, like Globe, have the opportunity to capture bigger revenue rewards from the mobile data revolution. Shutterstock background image

Globe Telecom takes big leap in digitization with 6 content deals

Jun 25, 2016 - 7:20 PM

Globe announces newly inked deals with Netflix Disney Turner Sports Illustrated Smule and Astro

MORE CONTENT. Globe Telecom confronts a rapidly-shifting space where small steps toward digitization are no longer enough. Photos by Chrisee Dela Paz/Rappler

Liberty Telecoms to delist from PSE after San Miguel telco buyout

Jun 21, 2016 - 3:35 PM

The process of the voluntary tender offer and delisting is expected to start within the 3rd quarter of 2016

PSE DELISTING. The delisting comes after PLDT and Globe took over San Miguel Corporation's telecommunications business last May 30 in a $1.5-billion deal

The other side of San Miguel's telco buyout

Jun 17, 2016 - 6:07 PM

Over 900 workers and hundreds of cell sites face uncertainty because of the San Miguel deal with PLDT and Globe

UNFULFILLED TELCO AMBITION. Despite the botched partnership with Telstra Corporation, San Miguel was expected to launch this 2016 its mobile services through BellTel

PLDT, Globe sign IP peering deal after 6 years

Jun 16, 2016 - 2:45 PM

Globe s Gil Genio says the arrangement will ultimately lead to more affordable Internet services for subscribers

IP PEERING. Senator Bam Aquino (C) witnesses the signing of the memorandum of agreement between PLDT and Globe on IP Peering. Photo from PLDT, Inc.

Amid regulatory probe, Globe powers 130 cell sites in Visayas, Mindanao

Jun 15, 2016 - 4:57 PM

This is despite the Philippine Competition Commission s claim that the deal to buy out all of SMC s telecommunication businesses has not been deemed approved yet

MOVES ON. Globe continues to fire up more cell sites using SMC's frequency, despite some questions from PCC

San Miguel, MVP group eye partnership for $10B airport

Jun 14, 2016 - 8:45 PM

Sought for comment Pangilinan says: As to infrastructure in general yes we are open to that

NEW PARTNER? Ramon Ang says San Miguel is also in talks with MVP group for other big ticket projects that the government may bid out in the future. Photo by Agence France-Presse

Globe wish list for Duterte: Submarine cables, less red tape

Jun 08, 2016 - 6:20 PM

Globe Telecom president and CEO Ernest Cu cites extreme difficulty in getting permits noting that they had to cut their target for cell site deployment

CROSSED WIRES. Globe Telecom President and CEO Ernest Cu says telcos still grapple with numerous bureaucratic red tape. Screenshot from Rappler video

Globe, PLDT activate 1st 700 MHz cell sites

Jun 07, 2016 - 5:30 PM

3rd UPDATE Globe will initially activate 200 LTE cell sites using the 700 MHz frequency while PLDT plans to roll out 360 cell sites this year

HEAD-TO-HEAD. Globe and PLDT say the 700 MHz frequency is key to provide faster internet speeds in the country, as it can easily penetrate buildings and walls and has greater coverage with fewer infrastructure needed

Think tank urges gov't review of San Miguel telco assets sale

Jun 02, 2016 - 7:03 PM

The Foundation for Economic Freedom also calls on Congress to conduct a probe into the deal

MAKING A DENT. Monopolies and duopolies in strategic sectors like telecommunications are the reasons the Philippine economic growth for the past years is not making a dent in the poverty rate

San Miguel says it barely made money from telco divestment

May 31, 2016 - 6:34 PM

San Miguel s Ramon Ang says PLDT and Globe approached the conglomerate regarding the buyout of its telecommunication assets

MIXED SENTIMENTS. Shares of San Miguel go up after the announcement of the sale of its telco business. In the photo is Ramon Ang. Photo by Agence-France Presse

San Miguel's sale of telco business: Will consumers benefit?

May 31, 2016 - 8:00 AM

The Philippines major telco rivals stand together raising concerns about competition and consumer interest

NOT A TYPICAL DEAL. With San Miguel entrusting its prized 700 megahertz spectrum to Globe and PLDT, will this mean better, more reasonable Internet services for subscribers? Photo from Shutterstock

San Miguel selling telco assets to PLDT, Globe

May 30, 2016 - 9:29 AM

4th UPDATE San Miguel sells its telecommunication business to PLDT and Globe a couple of months after its talks with Telstra Corporation failed

MIXED SENTIMENTS. Shares of Globe and PLDT went up after the announcement of the acquisition of San Miguel's telco business. In the photo are Ramon Ang (L), Ernest Cu (C), and Manuel Pangilinan (R)

Globe spends, makes money on mobile data phenomenon

Feb 10, 2016 - 7:00 PM

Globe says it needs to adjust its plans to accommodate a key market shift – the mobile data revolution

MARKET SHIFT. Local telcos, like Globe, have the opportunity to capture bigger revenue rewards from the mobile data revolution. Shutterstock image

Telstra-San Miguel venture a bumpy, costly ride – think tank

Dec 15, 2015 - 6:01 PM

Australian telecommunications think tank Creator Tech Pty Ltd says Telstra’s possible joint venture with San Miguel could result in a high priced failure

LONG, BUMPY RIDE. An Australian telecommunications think tank says without the 700 MHz spectrum, there is no mobile business possible. In the photo are Telstra's Andrew Penn (left) and San Miguel's Ramon Ang (right)

700 MHz band to aid smartphone penetration uptake – Ericsson

Dec 10, 2015 - 7:59 PM

The 700 MHz band will aid the expected uptake in smartphone penetration in 2018 Ericsson says

UNIVERSAL COVERAGE. To provide universal coverage for smartphone users in the Philippines, Ericsson says the re-allocation of the 700 MHz frequency band is a big help.

Globe launches online bazaar DigiMall for MSMEs

Dec 09, 2015 - 8:20 PM

Globe says the only way for micro small and medium enterprises to compete is through digitization

ONLINE BAZAAR. This Christmas season, Globe myBusiness, in partnership with e-commerce platform Shopify, introduces online bazaar DigiMall for MSMEs. Photos from Globe Corp Comm

Rappler partners with Globe Telecom for #PHVote

Dec 04, 2015 - 10:38 PM

Rappler and Globe are brands that symbolize the future of the Philippines says Globe chairperson Jaime Augusto Zobel de Ayala

PLDT eyes legal action vs NTC director

Dec 01, 2015 - 8:05 PM

PLDT says NTC Director Edgardo Cabarios made misleading statements in favor of San Miguel

RIVALRY ON FREQUENCY BANDS. PLDT says NTC's Cabarios statements confuse local and foreign investors who have been closely following developments in the Philippine telecommunication sector.

Globe, Huawei enter 5-year partnership for mobile network

Nov 25, 2015 - 6:45 PM

Globe says the partnership with Huawei will extend towards capacity expansion of the telco s 3G and 4G network

NETWORK EXPANSION. Globe's Ernest Cu says the partnership will deliver "a more robust mobile network as well as innovative market-driven solutions to help hopefully ensure the company’s success in growing the mobile market"

Telstra-San Miguel possible deal has limited impact on telco industry

Nov 20, 2015 - 6:38 PM

Ratings agency Fitch says the joint venture will experience large cash burn given the significant capital outlay and price competition to build a subscriber base

LIMITED IMPACT. With the possible partnership, San Miguel will benefit from Telstra's technology leadership and financial muscle, while Telstra could make the most of the local conglomerate's 700MHz spectrum-frequency.

Globe, PLDT: No signal loss due to APEC 2015 unless...

Nov 16, 2015 - 1:35 PM

The 2 telcos react to posts circulating on social media

NTC DIRECTIVE. Globe says only the regulator National Telecommunications Commission (NTC) makes the official announcement on telco service disruptions

GMA's Felipe Gozon: No to offers for now

Nov 05, 2015 - 8:32 PM

GMA is on the verge of really taking off That means we ll not be entertaining offers until we reach the ceiling says the network s chairman

VERGE OF TAKING OFF. 'We will not be entertaining offers until we reach the ceiling,' GMA Chairman Felipe Gozon (3rd from left) says. In the photo are GMA executives. Photo by Chrisee Dela Paz/Rappler

Globe CEO on Telstra: I'm not scared of ghosts

Nov 05, 2015 - 8:00 PM

Anyone who comes in is a threat; but I m not going to react to a threat that s not real Sign the contract and we’ll play Globe s Ernest Cu on possible Telstra San Miguel entry

SECURE THE DEAL FIRST. Ernest Cu says Globe will only consider the possible entry of Telstra-San Miguel in its game plan once the deal is signed. Photo from Globe Telecom

PLDT anticipates Telstra pressure in 2016

Nov 03, 2015 - 7:07 PM

We will be ready for them Telstra San Miguel partnership It will be a problem for all networks PLDT s Manuel Pangilinan says

STEPPING UP. PLDT Chairman Manuel Pangilinan says Telstra-San Miguel partnership will be a 'threat' to expanding its market share for postpaid and prepaid. In the photo are (left to right) Ray Espinosa, Pangilinan, Napoleon Nazareno, and Annabelle Chua. Photo by Chrisee dela Paz/Rappler

PLDT, Globe unveil iPhone 6s, iPhone 6 Plus plans

Oct 31, 2015 - 11:30 AM

Smart s new iPhone postpaid plans start at a monthly rate of P2 000 42 80 while those of Globe start at P1 799 38 50

POSTPAID PLANS. Customers can start applying for the new iPhone postpaid plans on November 6. File photo from Apple, Incorporated

Bayantel out of rehab, Globe infuses up to $300M

Oct 29, 2015 - 4:35 PM

Bayantel Chairman Gil Genio says his telco will invest 200 million to 300 million in the next couple of years to modernize the network

NEW START. Bayantel Chairman Gil Genio says Bayantel is "now officially out of rehab," which is way ahead of the original 2023 target. Photo by Chrisee Dela Paz/Rappler

Globe launches own 1-Gbps broadband offering for P9,499

Oct 22, 2015 - 8:32 PM

The Platinum Broadband Plans at minimum P2 499 53 71 for speeds of up to 50 Mbps are initially available on October 24 and in select areas only

UPGRADED. Globe says that with its new Platinum Broadband Plans, home broadband customers can enjoy a broadband plan with Internet speeds of up to 1 Gbps at Plan P9,499 ($204.15).

British firms to invest in PH telecom, media

Oct 15, 2015 - 7:29 PM

The UK government is committed to lead the development of 5G mobile technology British Embassy Manila says

TELECOM MISSION. These British firms can provide telecommunications solutions that would help address the growing needs of the Philippine market, British Embassy Manila says.