News for Globe Telecom, Inc. (GTMEY)

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…

IN today's fast-paced digital age, businesses face unprecedented challenges to adapt, innovate and thrive. Nowhere is this truer than in the telecommunications industry, where the convergence of technology, customer demands, and regulatory frameworks creates a high-stakes environment.

Last week Share prices nudged higher last week as the local market has been showing positive signs after it bounced back from its 6,400 support level last December 20.  The benchmark Philippine Stock Exchange index gained 75.02 points during two trading days and closed at 6,603.81 points. “The market has…

Globe Telecom Inc. has secured a certification for business continuity management systems (BCMS), which will be valid until 2027. In a statement, Globe CFO Carlo Puno said the company received ISO 22301:2019 certification, which “highlights its proactive approach in safeguarding critical operations and ensuring uninterrupted service delivery in times of…

TELECOMMUNICATION giants PLDT Inc. and Globe Telecom Inc. said on Thursday they are stepping up initiatives to safeguard customers and enterprises from malicious online activities, as cyber threats and scams continue to proliferate in the Philippines. In separate statements, both companies said they have developed comprehensive measures to counter cybercrime,…

GLOBE Telecom Inc. said Friday that it had sold another batch of telecommunication towers to Unity Digital Infrastructure (Unity), a partnership between Aboitiz InfraCapital and the Partners Group.

New Awards Categories for Innovation of Individual Professionals

BANGKOK, THAILAND - Media OutReach Newswire - 18 December 2024 - At the ACES Awards 2024, the Philippines stepped into the spotlight with a remarkable ensemble of leaders and organizations honored for their transformative impact on sustainability, innovation, and community development. With 138 nominations among 682 entries spanning 17 countries, the Philippines is solidifying its position as a driving force in Asia, reflecting a dedication to inclusive growth, forward-thinking solutions, and global relevance.

Globe Telecom Inc. said on Tuesday that ST Telemedia Global Data Centres (STT GDC) Philippines is on track to activate the first phase of its STT Fairview 1 data center by the second quarter of 2025. According to Carlo Malana, the president and CEO of STT GDC Philippines, the company…

PUBLIC-PRIVATE partnerships (PPPs) are essential to bridging the digital divide and accelerating technological adoption in the Philippines, Globe Telecom Inc. said.

MANILA, Philippines, Dec. 11, 2024 /PRNewswire/ -- CloudMile, a leading AI and cloud service provider, has partnered with Globe Business, the corporate solutions arm of leading Philippine telecommunications company Globe, to empower Philippine businesses with Snowflake's cutting-edge data analytics solutions and robust infrastructure modernization. This collaboration is seen to accelerate digital transformation across various industries, driving innovation, and growth in the Philippine market.