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Globe reports 1st closing for P10-B tower sale

Globe Telecom Inc. disclosed today, Tuesday, Sept., that it has achieved the first closing with 800 towers out of the 3,529 towers to be acquired by Frontier Tower Associates Philippines Inc. (Frontier Towers) for a cash consideration of ₱10 billion. The deal was accomplished after just over a

Globe aims to raise ₱32 billion for network investments

Globe's board of directors today approved a Stock Rights Offer for its eligible common shareholders as the Philippine telco aims to raise ₱32 billion.

Globe values diversity in the workplace; celebrates women leaders who are also mothers

BusinessWorld May 8, 2021 | 10:11 am The role of a mother may be one of the toughest jobs any woman may take in their lifetime. As a strong advocate of gender equality and empowerment of all women towards a more advanced and inclusive world, Globe underscores the importance of welcoming strong women leaders and celebrating their trailblazing contributions to the company. Out of Globe’s 8,300-strong workforce, 45% are women wherein 2,083 are mothers. Included in this number are half of Globe’s key executives, proving that women-mothers are capable leaders and influencers whether at home or the workplace. With the most recent appointment of Issa Guevarra-Cabreira as Globe’s first woman Chief Commercial Officer, she joins the ranks of Globe’s women leaders who are also mothers: Rosemarie Maniego-Eala, Chief Finance Officer, Treasurer, and Chief Risk Officer; Rebecca Eclipse, Chief Customer Experience Officer; Marisalve Ciocson-Co, Chief Compliance Officer, S

Globe Telecom to Spend $1 46 Billion as Rivalry Shifts to Homes

Globe Telecom to Spend $1.46 Billion as Rivalry Shifts to Homes Andreo Calonzo, Bloomberg News (Bloomberg) Globe Telecom Inc. will spend a record 70 billion pesos ($1.46 billion) this year to boost its data infrastructure as competition shifts to servicing people working from home. The Philippines’ second-largest telecommunication company expects “heightened activity” in home broadband this year as competitors PLDT Inc. and Converge ICT Solutions Inc. vie for subscribers working from home, Globe President Ernest Cu said in a virtual briefing. Its capital spending will increase by 16% to build and upgrade cell sites and expand home broadband capacity, Chief Finance Officer Rosemarie Maniego-Eala said.

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