By the staff
When it comes to the local food business, this restaurant chain is one of the most storied and successful. In fact, it has been so successful over the last few decades that it sealed a major acquisition deal a few months ago, buying another restaurant chain in an effort to expand its market footprint.
Globe Telecom is expanding its LTE-TDD and LTE-FDD footprint in Visayas and Mindanao as it activated its first site in Lahug, Cebu City, as part of an initiative to further expand its coverage in central and southern provinces of the country, a statement Friday showed.
Globe Telecom has joined a multinational consortium that will build and complete a $250-million underwater cable linking Southeast Asia and the United States by the end of 2016, a statement on Friday showed.
Globe Telecom Inc. has raised a total of P10 billion from the sale of non-voting preferred shares, which would be listed on the local stock exchange on Friday, a regulatory filing showed on Monday.
By Doris C. Dumlao
, Miguel R. Camus
The Securities and Exchange Commission has approved the plan of Ayala-led Globe Telecom Inc. to raise as much as P10 billion from a public offering of preferred shares.