In particular, the stock brokerage’s senior research analyst Ferdinand Subido said Globe’s deployment of Nokia’s broadband network gateway solution will enhance its data traffic management and inter-network connectivity, providing a seamless transition between fixed wireless broadband and fixed line mobile networks.
This advancement is expected to revive Globe's fixed wireless segment, which has been underperforming.
AP Securities notes that improved data traffic handling capabilities will benefit Globe's mobile data segment, supporting the company's growth strategy.
The target price for the Ayala-controlled company was pegged at P2,156.92.
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