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The following companies may have unusual price changes in Philippine (PASHR) trading. Stock symbols are in parentheses and share prices are as of the most recent trading day. Ayala Land Inc. (ALI) : The Pilippines’s largest builder said it plans to spend
Philippine telecommunication giant Globe Telecom Wednesday announced a deal for a US$700-M Massive Mobile Network Modernization program with Huawai, a Chinese multinational networking and teleco equipment company. Philippine President Benigno Aquino III
Top executives of Globe Telecom Inc. , Singtel, Huawei Technologies Co. Ltd, and Alcatel Lucent were in Malacañang Wednesday to personally express to the Aquino administration how excited they are to be part of the country’s economic growth through their
MANILA, Philippines — President Benigno Simeon Aquino III hailed on Wednesday the US$700-million modernization program of Globe Telecom Inc. with the help of two of the world’s leading network support providers in a bid to further improve mobile phone an
Globe Telecom ended 2011 with over 30 million mobile phone subscribers, up by 13 percent from the previous year’s 26.47 million and 3-percent higher than the third quarter’s 29.1 million. Globe maintained its dominance in the postpaid segment fueled by c
Philippine communications provider Globe Telecom will launch the first trance of its PHP 15 billion retail bond programme in June or July of this year. The company has not yet finalised the agreement with a local consortium but expects the bond issue to
Stunning views of city and country from around the world. Slideshow * Sees stable div from associates despite Bharti weakness SINGAPORE, Feb 13 (Reuters) - Singapore Telecommunications Ltd (SingTel), Southeast Asia's biggest phone company, posted on Mond
By Gaurav Raghuvanshi SINGAPORE—Singapore Telecommunications Ltd. on Monday reported that its fiscal third-quarter net profit fell 9.6% due to higher customer costs and a lower contribution from its Indian associate that was made worse by a sharp fall in
MANILA, Feb 13 (Reuters) - Here are news stories and press reports which may influence local financial markets on Monday: REUTERS NEWS - PHILIPPINES > Conditions ripe for more rate cuts - FinSec > Manila bourse sees 2012 fundraising doubling > Manila wan
Philippine communications firm Globe Telecom posted all time high service revenues in the FY ended 31 December. Consolidated service revenues stood at PHP 67.81 billion, up 9 percent from PHP 62.03 billion a year earlier. Full year mobile revenues totall
MANILA, Philippines — With its mobile business exceeding market expectations in 2011, Globe Telecom, Inc. hauled in P67.8 billion in service revenues, 9% higher than the normalized level of P62.0 billion in the previous year although its net income inche
MANILA, Philippines — Globe Telecom Inc. and parent company Singapore Telecommunications (SingTel) has launched MyAppsMall, a new applications (apps) store that allows Filipino customers to search, buy and download over 20,000 mobile applications and gam
Globe recently amended the company's dividend policy so that cash dividend will be equal to 75%-90% of core profit, which excludes all foreign exchange and mark-to-market charges as well as non-recurring items. The change in dividend policy ensures divid
Globe Telecom Inc. said Friday its 2011 net profit rose 1% to PHP9.83 billion ($232 million) from PHP9.75 billion in 2010, as rising subsidy and operational costs tempered strong earnings from its broadband and cellular services. Globe President Ernest C
Feb 10 (Reuters) - Full-year ending Dec. 31, 2011.
Globe Telecom was tapped by the Department of Social Welfare and Development (DSWD) to support its communication requirements, being the only telecommunication company so far in the earthquake-devastated city of Guilhungan, Negros Oriental. Globe will pr
MANILA, Philippines - Globe Telecom is set to conduct relief operations in the earthquake-devastated town of Guihulngan in Negros Oriental which the government has placed under a state of calamity. “Globe is already mapping out relief operations plan for
(Operator Instructions) We’ll go first to Shaul Eyal with Oppenheimer. Two quick questions on my end. Eli, with respect to the Comcast renewal, was that signed basically on typical – basically on similar terms to the prior one? It’s not only a renewal. I
Globe Telecom (PSE: GLO), commonly known as Globe, is the second-largest telecommunications company in the Philippines, providing a diversified set of fixed-line and mobile telecommunications services. Full Article
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