Telecommunications

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Tuesday, 2 July 2024
1 day ago

Globe says lower spending this year to help it turn cash flow positive next year

Globe, the country’s mobile leader, said over the weekend that it is optimistic about achieving positive cash flow by 2025, driven by its strategic reduction in capital expenditure.
7 days ago

INSIDER VIEW: PH still a telco laggard, red tape still to blame. Seriously.

From the experience of Thailand and Vietnam, it is imperative that cell sites and other infrastructure should not just be left to the responsibility of telcos. The provisions of telecommunications services are so vital to our nation’s development that the government and all sectors of the country must support this.
19 Jun 2024
10:29AM

Ayala’s Globe benefits from the largest digital infrastructure deal of 2024

Globe Telecom’s data center expansion plans received a boost after its strategic partner, ST Telemedia Global Data Centres of Singapore, secured backing from leading industry names, resulting in the region's largest digital infrastructure deal of 2024.
14 Jun 2024
8:33AM

PLDT Data Center sale to cover debt for 2 years

PLDT Inc.’s looming sale of half its data center business to a strategic partner could generate sufficient cash to cover debt payments for two years, according to AP Securities.
13 Jun 2024
2:49PM

Globe Telecom nears 100% 5G coverage in Metro Manila

Globe deployed 27 new 5G sites nationwide in in the first quarter of the year.
10 Jun 2024
12:18PM

Ernest Cu receives lifetime achievement award at the Twimbit Telecom Awards 2024

Globe Telecom's longtime president and CEO recognised for industry excellence.
4 Jun 2024
11:13AM

Globe secures zero-lease deals with 615 property owners

Globe Telecom has secured zero-lease agreements with 615 property owners, including malls, offices, and hotels.
31 May 2024
9:33AM

Dennis A. Uy's DITO CME plans P4.2-B share sale

Dennis Uy’s DITO CME is set to raise up to P4.2 billion through a follow-on share sale to comply with PSE rules.
29 May 2024
4:43PM

INSIDER INSIGHT: DITO’s Eric Alberto focuses on profit goal, adds 2M subscribers in 2024

Industry challenger DITO Telecommunity is aiming for a strong finish this year, lifted by the addition of two million new subscribers in the first five months.
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