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ABS-CBN unit to switch off wireless landline service

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A unit of ABS-CBN Corp. is set to discontinue a wireless landline service under the brand bayanPhone Extra on May 16 as it switches to a new platform, according to a published notice issued yesterday.

Posted: April 16th, 2014 in Headlines | Read More »

Globe Telecom unit launches SME service

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G-Xchange Inc. (GXI), the e-commerce unit of Globe Telecom, on Thursday launched a platform that will allow entrepreneurs to use their mobile phones to accept debit and credit card payments.

Posted: March 28th, 2014 in Headlines | Read More »

Globe close to sealing Bayantel acquisition deal

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Globe Telecom of the Ayala Group expects to complete its takeover of Bayan Telecommunications Inc. within the year as it remains confident that it has cleared regulatory hurdles, its top official said last week.

Posted: February 24th, 2014 in Headlines | Read More »

Globe sees sales growth in ’14

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Globe Telecom said revenue growth would likely be sustained this year as it eyes more subscribers amid positive economic fundamentals, a statement on Monday showed.

Posted: February 18th, 2014 in Headlines | Read More »

Globe Telecom board approves cash dividend for shareholders

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Globe Telecom said Wednesday its board has approved a cash dividend of P37.50 per common share for the first semester following a double-digit rise in the company’s core net profit for 2013.

Posted: February 12th, 2014 in Latest Business Stories | Read More »

Telco regulator directs Globe to explain data policy

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The National Telecommunications Commission has directed Globe Telecom Inc. of the Ayala group to shed light by next Wednesday on complaints the regulator had received about data capping, or when subscribers are placed on a slower Internet connection after breaching a certain volume.

Posted: February 7th, 2014 in Headlines | Read More »

Globe sees sustained growth for home Internet brand

Globe Telecom anticipates sustained growth for its home Internet brand, Tattoo Home, following strong results last year.

Posted: January 20th, 2014 in Headlines | Read More »

Globe Telecom taps P7-B Landbank loan

Globe Telecom Inc. is tapping long-term debt to finance capital expenditures next year, a filing Thursday at the Philippine Stock Exchange showed.

Posted: December 5th, 2013 in Headlines | Read More »

PLDT blocks Globe’s takeover of Bayantel

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Philippine Long Distance Telephone Co. (PLDT) is blocking rival Globe Telecom Inc.’s takeover of Bayan Telecommunications Inc., as it formally filed its opposition with the National Telecommunications Commission, officials from both companies said.

Posted: November 13th, 2013 in Headlines | Read More »

Globe posts 9% rise in core earnings

Globe Telecom Inc. reported an improvement in core earnings, which removes non-recurring charges and foreign exchange losses, during the first nine months of 2013.

Posted: November 11th, 2013 in Headlines | Read More »

Bayan rehab ‘best in judicial history’

Bayan Telecommunications Inc. said there would likely be no lay-offs following its takeover by the Ayala Group’s Globe Telecom, a statement on Friday showed.

Posted: November 10th, 2013 in Headlines | Read More »

SkyCable in joint-venture talks

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SkyCable Corp., the cable television and broadband arm of ABS-CBN Corp., is in talks with two groups for partnerships aimed at expanding its platform into the wireless segment, a company official said.

Posted: November 3rd, 2013 in Headlines | Read More »

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