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Globe joins int’l group for $250-M cable venture

SCREENGRAB from www.globe.com.ph

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.

Posted: August 30th, 2014 in Headlines,Latest Business Stories | Read More »

Globe raises P10B from sale of shares

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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.

Posted: August 19th, 2014 in Headlines,Latest Business Stories | Read More »

Globe Telecom to raise P10B

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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.

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

Now Corp. to use guerilla tactics vs telco giants

Listed Now Corp. is making a big bet in the telco industry as it prepares to compete starting next year with incumbent giants Philippine Long Distance Telephone Co. and Globe Telecom for a slice of the mobile text messaging and broadband businesses, a company executive said Monday.

Posted: June 10th, 2014 in Headlines | Read More »

Ex-finance chief bats for opening up economy

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Jose Isidro Camacho. Screengrab from World Economic Forum

The government should figure out ways to open up restricted industries to foreign investors without changing the Constitution, former Finance Secretary Jose Isidro “Lito” Camacho said at the sidelines of the World Economic Forum (WEF) on East Asia held in Makati this week.

Posted: May 24th, 2014 in Latest Business Stories | Read More »

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