News for Globe Telecom, Inc. (GTMEF)

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GLOBE Telecom Inc. has obtained P20 billion in term loan facilities with two local banks to fund its capital expenditures (capex) this year and refinance debt.

MANILA, Philippines, March 12, 2025 /PRNewswire/ -- Senior leaders of top Philippine telco Globe Telecom, Inc. actively shaped the global discourse on digital transformation at the Mobile World Congress (MWC) 2025 in Barcelona. Participating at various high-level discussions, the Globe executives were able to drive innovations through solutions that address challenges relevant to emerging markets like the Philippines.

GLOBE Telecom Inc. has rolled out 587 new 5G sites across the Philippines as it continues to invest in the technology amid continued demand for high-speed mobile services.

GLOBE Telecom Inc. (Globe) is expected to spend more for cybersecurity as its financial service app, GCash, continues growing along with the company, Fitch Group unit BMI said in a report.

GLOBE Telecom Inc. said on Sunday it is staying on course to lowering its capital expenditures (capex) to “below $1 billion” in 2025, as it aims to sustain positive cash flow. Globe President Ernest L. Cu said through a statement that the sustained capex reduction follows a strategic shift toward…

GLOBE Telecom, Inc. (Globe) on Thursday said that business unit Globe Fintech Innovations, Inc. (Mynt) had finalized a deal with Mitsubishi UFJ Financial Group (MUFG) for the latter's acquisition of an 8-percent stake.

GLOBE Telecom Inc. and GoTyme Bank Corp. have teamed up to strengthen cybersecurity efforts amid rising cases of financial crimes. Under the Data Sharing Agreement (DSA) signed by the Chief Information Security Officers (CISOs) Anton Reynaldo M. Bonifacio for Globe and Albert P. Dela Cruz for GoTyme, both may share…

GLOBE Telecom Inc. on Friday reported solid financial results for 2024, including record service revenues of P165.02 billion — up 2 percent from the previous year's 162.33 billion — that led to P24.29 billion in net income for the year, albeit down 1 percent from 2023's P24.58 billion.

Globe Telecom Inc. is accelerating its artificial intelligence (AI) adoption to drive operational efficiency, optimize network performance, and enhance customer service, positioning itself at the forefront of technological innovation in the Philippine telco sector. Anton Bonifacio, Globe’s Chief AI Officer, said on Tuesday Globe is integrating Generative AI (GenAI) into…

YAMAHA Motor Co. Ltd. recently joined the e-commerce initiative of the Intellectual Property Office of the Philippines (IPOPHL) to better protect consumers from the surge of counterfeit products. “Through ongoing countermeasures for combatting unauthorized usage of group intellectual property and counterfeit products, issues that are on the rise across the…

GLOBE Telecom Inc. (Globe) during the weekend said that it had successfully pilot tested the use of 50 gigabit passive optical network (50GPON) technology, which is expected to help enhance connectivity in the country.

Globe Telecom Inc. said on Sunday it has successfully conducted a pilot test of its next-generation 50 Gigabit Passive Optical Network (50GPON) technology. James Lim, VP for Broadband Service Planning and Engineering at Globe Telecom, said 50GPON delivers data transmission speeds of up to 50 Gbps, surpassing the capabilities of…

GLOBE Telecom Inc. announced last Sunday it has built 10 new sites across the province of Iloilo.  According to Globe Vice-President for External Affairs Patrick Steven J. Gloria, the new sites will help Iloilo strengthen its economic growth, which was at 10.5 percent in 2023.  “Our network expansion in Iloilo…