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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Globe 1Q Revenues Reach PhP20.2B

Makati–(PHStocks)–Globe Telecom Inc. (PSE: GLO) started the year on a high note with first quarter consolidated service revenues soaring to an all-time high of PhP20.2B, up 6% against last year’s level of PhP19.1 billion. Mobile revenues increased by 6% year-on-year from PhP15.6 billion to about PhP16.6 billion this period despite intense competition and continued price pressures. Broadband revenues were also […]
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Globe Net Income Down 22% in 2010

Globe Telecom Inc. (PSE: GLO) closed 2010 on a high note with, normalized fourth quarter service revenues of PhP16.2 billion nearing all-time highs. The Company’s service revenues for the year reached PhP62 billion, just slightly below prior year’s level of PhP62.4 billion, and an improvement over the 2% or PhP1.1 billion gap as of the […]
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PLDT, NTT Com, StarHub and TM to Build $430M Fiber-optic Cable System

Philippine Long Distance Telephone Company (PLDT, PSE: TEL) has signed a construction and maintenance agreement with Japan’s NTT Communications and Singapore’s StarHub to build Asia Submarine-cable Express (ASE), a $430-million next-generation high-bandwidth optical fiber underwater cable system. Telekom Malaysia (TM) signed a separate agreement with NTT Communications in Kuala Lumpur.  The 7,200-kilometer ASE system will […]
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