Rappler's latest stories on Globe Telecom Incorporated
PLDT not keen on joining Globe for independent cell tower firm
PLDT chief Manuel Pangilinan says his firm does not see the need to share any of its existing network elements, including cellular towers
Globe Telecom open to partnering with PLDT for cell tower firm
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
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
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
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.
Globe Telecom expects to sustain high capital spending until 2020
The Ayala-led telecommunications giant projects between $850 million and $900 million as annual capital spending budget until 2020
3 consortia forming up to battle for Philippines' 3rd telco slot
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)
Naming Philippines' 3rd telco might take longer than expected
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
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.
Telcos turn to Makati to beta test all-in-one digital card, app
PLDT chairman Manuel Pangilinan says the telco chose Makati as a test case because of its reach as a premier financial center
Globe, Smart to cut mobile voice call rates to P1 per minute
The Philippines two telco giants lower the cost of mobile voice calls as competition heightens
Globe Telecom lowers capital spending to $750M for 2017
This is lower than Globe s 2016 capital spending budget which was at a high of 1 050 billion
PLDT, Globe reduce interconnection voice calls to P2.50
UPDATED With the reduced interconnection rates the NTC expects retail rates for voice calls to be lowered by about P1 per minute
After SEC, PSE penalizes Liberty Telecoms
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
Globe Telecom's Q3 net income drops by 50%
Expense from its buyout of San Miguel Corporation s telecommunications business dents the Ayala led firm s 3rd quarter financial performance
Globe Telecom ups stake in Taodharma to 67%
It was in April 2014 when the Ayala led telco signed an exclusive partnership with Australian based telecoms retail company Allphones
Liberty Telecoms' minority shareholders accept P2.20 per share offer
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
SEC slaps Liberty Telecoms with P346K fine
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
Globe Telecom hikes 2016 spending to over $1B
Its board of directors approves additional capital expenditure of 300 million for network expansion
Globe Telecom targets 500 more LTE 700 MHz cell sites by end-2016
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
Globe Telecom launches Davao power feed for SEA-US undersea cable
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
Globe Telecom expects 7%-9% profit growth in 2016
This is despite stiffer competition in the local telecommunications sector and the steady decline in traditional voice and SMS services
Globe Telecom takes big leap in digitization with 6 content deals
Globe announces newly inked deals with Netflix Disney Turner Sports Illustrated Smule and Astro
Liberty Telecoms to delist from PSE after San Miguel telco buyout
The process of the voluntary tender offer and delisting is expected to start within the 3rd quarter of 2016
The other side of San Miguel's telco buyout
Over 900 workers and hundreds of cell sites face uncertainty because of the San Miguel deal with PLDT and Globe
PLDT, Globe sign IP peering deal after 6 years
Globe s Gil Genio says the arrangement will ultimately lead to more affordable Internet services for subscribers
Amid regulatory probe, Globe powers 130 cell sites in Visayas, Mindanao
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
San Miguel, MVP group eye partnership for $10B airport
Sought for comment Pangilinan says: As to infrastructure in general yes we are open to that
Globe wish list for Duterte: Submarine cables, less red tape
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
Globe, PLDT activate 1st 700 MHz cell sites
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
Think tank urges gov't review of San Miguel telco assets sale
The Foundation for Economic Freedom also calls on Congress to conduct a probe into the deal
San Miguel says it barely made money from telco divestment
San Miguel s Ramon Ang says PLDT and Globe approached the conglomerate regarding the buyout of its telecommunication assets
San Miguel's sale of telco business: Will consumers benefit?
The Philippines major telco rivals stand together raising concerns about competition and consumer interest
San Miguel selling telco assets to PLDT, Globe
4th UPDATE San Miguel sells its telecommunication business to PLDT and Globe a couple of months after its talks with Telstra Corporation failed
Globe spends, makes money on mobile data phenomenon
Globe says it needs to adjust its plans to accommodate a key market shift – the mobile data revolution
Telstra-San Miguel venture a bumpy, costly ride – think tank
Australian telecommunications think tank Creator Tech Pty Ltd says Telstra’s possible joint venture with San Miguel could result in a high priced failure
700 MHz band to aid smartphone penetration uptake – Ericsson
The 700 MHz band will aid the expected uptake in smartphone penetration in 2018 Ericsson says
Globe launches online bazaar DigiMall for MSMEs
Globe says the only way for micro small and medium enterprises to compete is through digitization
Rappler partners with Globe Telecom for #PHVote
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
PLDT says NTC Director Edgardo Cabarios made misleading statements in favor of San Miguel
Globe, Huawei enter 5-year partnership for mobile network
Globe says the partnership with Huawei will extend towards capacity expansion of the telco s 3G and 4G network
Telstra-San Miguel possible deal has limited impact on telco industry
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
Globe, PLDT: No signal loss due to APEC 2015 unless...
The 2 telcos react to posts circulating on social media
GMA's Felipe Gozon: No to offers for now
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
Globe CEO on Telstra: I'm not scared of ghosts
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
PLDT anticipates Telstra pressure in 2016
We will be ready for them Telstra San Miguel partnership It will be a problem for all networks PLDT s Manuel Pangilinan says
PLDT, Globe unveil iPhone 6s, iPhone 6 Plus plans
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
Bayantel out of rehab, Globe infuses up to $300M
Bayantel Chairman Gil Genio says his telco will invest 200 million to 300 million in the next couple of years to modernize the network
Globe launches own 1-Gbps broadband offering for P9,499
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
British firms to invest in PH telecom, media
The UK government is committed to lead the development of 5G mobile technology British Embassy Manila says
