Tag: Globe Telecom

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Globe earnings climb despite economic headwinds

Globe Telecom opened 2026 with stronger revenues and operating profits as rising mobile data usage, expanding fiber adoption, and growing digital finance contributions helped cushion the impact of a challenging economic environment.

Globe retires $426.4M debt via tender offer

Globe Telecom Inc., the financial technology and communications arm of the Ayala Group, has completed the settlement of its tender offer for outstanding USD600 million 4.2 percent senior perpetual capital securities, marking a significant step in active balance sheet management.

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.

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Cement makers pin recovery on infrastructure spending

Philippine cement makers are banking on a pickup in government infrastructure spending to stabilize demand at about 34 million tons this year, as the industry grapples with excess capacity, high energy costs, and a weaker peso.

Philippine Airlines, Singapore Tourism Board invite Filipinos to spontaneous Singapore escapes

Travel experts often say the best trip moments are the unplanned ones — happy detours, new activities or unexpected finds that never made the original itinerary. Now Philippine Airlines (PAL) and the Singapore Tourism Board (STB) are encouraging Filipino travelers to embrace that spirit with their joint “We Don’t Wait for Fun” and “SG Sige G!” campaign.

NLEX opens new C5 Northlink section ahead of Undas travel rush

NLEX Corporation held the inauguration of a new stretch of the NLEX‑C5 Northlink project on Thursday, timed before the big holiday traffic buildup for Undas.

PAGCOR earnings plunge as gaming revenues weaken 

The Philippine Amusement and Gaming Corp. (PAGCOR) saw its net income plunge 85 percent to P2.17 billion in January to September 2026, as a steep decline in electronic gaming revenues and higher statutory remittances squeezed its earnings.

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