Globe in Talks with 3rd Parties for Creation of Independent Tower Company

Globe Telecom Inc. (PSE: GLO) has initiated discussions with independent third parties for the establishment of a tower company to help speed up the build and deployment of cellular towers in the Philippines. Globe is looking at divesting all or part of its tower assets to independent tower companies as part of its network expansion […]
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Globe Board Approves Capex Budget of $850M for 2018

The Board of Directors of Globe Telecom Inc. (PSE: GLO) recently approved the company’s cash capital expenditure (capex) budget of $850 million for 2018, which is consistent with last year’s capex figures. More importantly, this sustained level of capex is aligned with Globe’s vision to improve internet services in the Philippines, with the goal of […]
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