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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 »

NTC: Refunding text overcharge ‘easy’

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There should be no problem in refunding billions of pesos in excess text messaging being charged by telco providers since 2011, an official from the National Telecommunications Commission (NTC) said.

Posted: May 9th, 2014 in Latest Business Stories | Read More »

PLDT completes P1B Palawan fiber optic link

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Philippine Long Distance Telephone Co., the country’s largest telecommunications provider, has completed a 620-kilometer fiber optic project linking Palawan province to its broader network infrastructure.

Posted: April 4th, 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 »

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 »

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