Globe Telecom is cutting network spending next year after raising capital expenditure estimates to a record $1.9 billion (P105 billion) in 2022 as the home broadband business slows in the postpandemic era. The Ayala Group’s telecommunications arm said on Friday its board had approved a “significantly” lower budget of $1.3 billion in 2023, or a … Continue reading Globe to cut network spending next year after record investments in 2022