Globe Announces Partial Acquisition of San Miguel’s Telecoms Assets

Taguig—(PHStocks)—The Board of Directors of Globe Telecom Inc. (PSE: GLO), through its Executive Committee, approved the acquisition and signing of a sale and share purchase agreement and other related definitive agreements for the following entities: 50% of the issued and outstanding capital stock of Vega Telecom Inc. (VTI) from San Miguel Corp. (PSE: SMC); 50% […]
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Globe Achieves PhP113.7B Consolidated Service Revenues for 2015

Taguig—(PHStocks)—Globe Telecom Inc. (PSE: GLO) registered another record year, posting its highest full-year consolidated service revenues of PhP113.7 billion, 15% higher than the previous record level of PhP99 billion in 2014. Revenues peaked in the fourth quarter, reaching a record high of PhP30.3 billion, up 3% from last quarter and 15% higher than the same […]
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Globe Posts 3Q Core Net Income of PhP11.6B

Taguig—(PHStocks)—Globe Telecom Inc. (PSE: GLO) hit record-breaking revenues, reaching PhP72.7 billion as of the first nine months of 2014, 8% higher than the PhP67.3 billion reported in the same period last year. On a sequential basis, Globe posted another all-time high with quarterly revenues of PhP25 billion, up 2% from the previous record level in the second quarter of […]
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