Tag: Globe
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Ayala expands P20B buyback to shares of units
Ayala Corp., the listed investment holding firm of the Ayala Group, said Thursday that its board of directors has approved an expansion of its...
Creative economy may take hit from online piracy — Globe
Globe Telecom Inc, the financial technology and telecom unit of the Ayala Group, has warned that online piracy could undermine the growth of the Philippine creative industry, which the Department of Trade and Industry expects to contribute up to P2 trillion to gross domestic product this year.
Globe advances tower deal with MIDC, PhilTower
Globe Telecom Inc., a leading digital platform in the Philippines, has further advanced its tower sale and leaseback initiatives with two major partners—MIESCOR Infrastructure Development Corp. and Phil-Tower Consortium Inc. (PhilTower).
Telecom, energy units weigh down Ayala 1Q earnings
Ayala Corp., the diversified holding company of the Ayala Group, reported a 3.7 percent decline in net income to P12.6 billion in the first quarter, weighed down by one-off items and weaker contributions from its telecom and energy units.
Globe shareholders approve Raymond Cruz’s appointment as CEO
Globe Telecom Inc. said the appointment of Raymond Carl R. Cruz as its new president and chief executive officer, effective 22 April, was approved by shareholders during their annual stockholders’ meeting. Globe directors ratified Cruz's appointment during its subsequent organizational meeting.
