This helps bolster Globe’s financial position as it navigates debt obligations and expansion plans.
It also comes as the company’s 2024 capital expenditures fell 20 percent to P56.2 billion, with 90 percent allocated to data infrastructure to enhance digital services.
By year-end, Globe built 1,212 new cell sites, upgraded 4,613 LTE sites, and deployed 67,456 fiber lines to expand network capacity.
