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1 day ago · Jul 4, 2024 10:19 PM. Globe Telecom called for greater collaboration to remove barriers to connectivity even as it welcomed the Philippines’ advancement in the latest ICT Development Index of the International Telecommunication Union (ITU). The firm noted, however, that despite the advance, the Philippines continues to rate below the global ...
1 day ago · The telecommunications company, led by Ayala, disclosed the transfer of an additional 187 towers to Frontier Towers. To date, Globe Telecom has handed over 2,492 towers out of the 3,529 units purchased by the tower company. The sale and lease back agreement between the parties was originally signed in 2022.
13 hours ago · Ayala-led Globe Telecom Inc. has asked the government to raise its budget and pursue reforms on connectivity to give the country a chance of catching up in the broadband race.
4 days ago · Globe Telecom Inc. is nearing the completion of its P45-billion tower asset sale to Frontier Tower Associates Philippines with another closing that resulted in a P2.38-billion cash flow. On Monday,
4 days ago · Jul 2, 2024. Lynk Global is one of a number of satellite players hooking up with mobile operators to enable satellite-to-smartphone services. It has been working with Globe Telecom, the second-largest mobile operator in the Philippines, for more than a year already. Now the telco is ready to trial a live customer pilot service in remote areas.
5 days ago · Globe agreed to sell then leaseback all its 5,709 telecommunications tower and relative passive infrastructure in two deals worth a total of P71 billion in August 2022. It said of the total, 2,180 towers would be sold to MIDC for P26 billion, while the remaining 3,529 towers would be sold to Frontier Towers.
4 days ago · GLOBE Telecom Inc. on Monday said it had transferred 187 cell towers to Frontier Towers worth P2.38 billion. Cumulatively, Globe has closed 2,492 — worth P31.64 billion — out of 3,529 towers to be acquired by Frontier Towers.
