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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Philippine brands, GI products shine at WIPO showcase

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The Philippines is using this year's World Intellectual Property Organization (WIPO) General Assembly in Geneva to promote its globally recognized brands, geographical indication (GI) products and cultural heritage, underscoring how intellectual property can drive tourism, strengthen local enterprises and create new economic opportunities.

Green Lane accelerates P351-billion clean energy investments

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The government's Green Lane initiative is rapidly becoming the backbone of the Philippines' clean energy investment drive, with renewable energy projects accounting for virtually all of the P351.02 billion in strategic investments approved in the first half of 2026.

Prosecution drops 2 impeachment witnesses

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The House prosecution has dropped Vice President Sara Duterte's chief of staff, Zuleika Lopez, and security official Belinda Bello as witnesses in the impeachment trial. Prosecutor Lorna Kapunan said Tuesday their testimony under Article IV had become unnecessary, redundant or merely corroborative following evidence presented by two National Bureau of Investigation officials. Lopez was expected to authenticate a video of Duterte's Nov. 23, 2024 online press conference, but Kapunan said the defense had already acknowledged the event and used the same recording. Bello's testimony would have merely corroborated a detention-facility transfer order involving Lopez, Kapunan said. Senator-judges welcomed the move that helps in shortening the trial period.

DA lifts FMD-related meat import ban on Hungary

Agriculture 0
The Department of Agriculture has lifted a temporary ban on imports of foot and mouth disease-susceptible animals and their products from Hungary, following approval through Department Circular No. 34 signed on July 8.

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