Tag: Globe Telecom

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Globe trims hybrid debt, strengthens balance sheet

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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

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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

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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

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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

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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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Germany joins tech alliance, boosting Philippine AI ambitions 

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Germany's decision to join the Pax Silica Initiative strengthens the Philippines' push to become a strategic hub for semiconductors, artificial intelligence, and advanced manufacturing, adding one of Europe's industrial powerhouses to a growing coalition reshaping global technology supply chains.

Didipio expansion fuels mining, investor confidence, regional growth

Energy & Mining 0
A planned USD1.9-billion investment by OceanaGold to extend the life of the Didipio Gold-Copper Mine through 2037 is shaping up as more than a mining expansion—it is emerging as an early test of whether the Philippines' recent fiscal reforms can unlock a new wave of responsible resource investments.

Globe chief: AI future rests on people, trust, purpose – not just tech 

Communications & Technology 0
At MWC Shanghai 2026, Globe president and CEO Carl Cruz stated during a keynote that AI’s true value lies in improving lives, not the technology itself. Speaking alongside global telecom leaders, Cruz noted the Philippines’ strong digital footprint makes it well-placed to benefit from AI.

Customs beats June goal, stays on track for P1T goal

Economy 0
The Bureau of Customs (BOC) sustained its strong revenue momentum in June, collecting P86.07 billion and surpassing its monthly target by P2.83 billion as stronger trade flows and tighter customs enforcement continued to lift collections.

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