Tag: Globe Telecom

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Globe trims hybrid debt, strengthens balance sheet

Globe Telecom Inc. has completed a significant step in its capital management strategy after concluding a tender offer for its USD600 million 4.2 percent Senior Perpetual Capital Securities, resulting in the repurchase of a large portion of the outstanding debt instrument.

Globe, Starlink bring cell towers spaceward

Globe Telecom has made history by becoming the first mobile network operator to launch Starlink’s Direct to Cell (DTC) satellite service in the Philippines and Southeast Asia—and the second in Asia—marking a major leap toward universal mobile connectivity in the country.

Globe secures loan from Mizuho bank to boost network

Globe Telecom, Inc. has secured a JPY 20-billion term loan facility from Mizuho Bank Ltd., giving the telco fresh firepower to fund capital expenditures, refinance debt, and support general corporate needs as it sharpens its investment strategy for 2025.

Globe signs renewable energy milestone with First Abacus Financial Center

Globe Telecom has achieved a significant step toward its net-zero goals by fully transitioning The Globe Tower Cebu (TGTC) to 100 percent renewable energy.

Globe leaders drive connectivity discussions at MWC Barcelona 2025

Globe Telecom senior executives made significant strides in global connectivity conversations at the Mobile World Congress (MWC) 2025 in Barcelona. CEO Ernest Cu, deputy CEO Carl Cruz, and other senior leaders represented the company at high-level industry discussions, showcasing solutions tailored to emerging markets like the Philippines.

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Bistro Group cooks up P1B growth with confidence 

The Bistro Group, following its acquisition by Bounty Fresh Group Holdings affiliate Inoza Business Holdings Inc., is convinced that Filipinos still have a healthy appetite for dining out, and is investing nearly P1 billion to make sure there are more tables waiting.

Mixed fuel price adjustments to continue this week

Fuel prices will likely see mixed movements this week, according to Leo Bellas, president of Jetti Petroleum.

PSE elects new directors; Pardo and Monzon retain top lead roles

The Philippine Stock Exchange (PSE) has appointed three new members to its board of directors during its recent annual stockholders’ meeting, while keeping top officials in their posts.

Batelec II greenlights competitive bidding for private sector partnerships

Batangas II Electric Cooperative Inc. (Batelec II) has approved a public bidding or Competitive Selection Process (CSP) to review proposals for private sector participation in its power distribution operations.

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