Connect with us

Hi, what are you looking for?


Globe network upgrades done by 2021

GLOBE TELECOM, Inc. is expecting to complete its network upgrades by next year to offer a “dependable” telecommunications service to customers, as they continue to adopt digital solutions for their everyday needs, its top official said.

“As we target the completion of our network upgrades by 2021, expect a first-world network primed to serve Filipinos today and in the future,” Globe President Ernest L. Cu said at the virtual “Wonderful World of Globe” event on Tuesday.

He added that “a reliable and dependable” network is seen to encourage Filipinos to adopt digital solutions “with increasing trust and confidence to use technology in making their lives easier and more fulfilled.”

Mr. Cu also introduced the telco’s new offering, Surf4All, which allows prepaid, postpaid, Globe-at-Home, and TM customers to control how they want to use their data.

“With 20GB for all sites valid for seven days and for only P249, Surf4All provides a single data wallet that is seamlessly accessible and shareable with up to four users across Globe brands,” he said.

The Ayala-led telco recently reported a 22% drop in its attributable net income for the third quarter to P4.39 billion.

The company’s service revenues declined 3% to P36.68 billion, driven by the sustained drop in traditional voice and mobile SMS, but partly mitigated by the increase in the mobile data segment.

Globe is hoping that its fourth-quarter performance will be better than the third quarter as the economy gradually reopens, according to Mr. Cu.

Globe shares on Tuesday closed 1.13% higher at P1,970 apiece. — Arjay L. Balinbin

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



By Jenina P. Ibañez, Senior Reporter PHILIPPINE MANUFACTURING activity rose to an eight-month high in November, as new orders increased for the first time...


THE NATIONAL Government’s outstanding debt swelled to P11.97 trillion as of the end of October as it offered more domestic securities, preliminary data from...


MOTORISTS experience heavy traffic along Commonwealth in Quezon City on Wednesday. — PHILIPPINE STAR/ MICHAEL VARCAS BANGKO SENTRAL ng Pilipinas (BSP) Governor Benjamin E....


THE SENATE on Wednesday approved on third and final reading the proposed P5.024-trillion national budget for 2022. Senators unanimously passed the 2022 General Appropriations...


EVERYTHING’s coming full circle from the boy from Cebu who wanted to write but ended up cooking. Myke “Tatung” Sarthou, celebrity chef, started out...


1 of 6 THE VIRTUS awards by the Hotel Sales and Marketing Association (HSMA) Philippines continues to honor professionals and institutions in hospitality: a...

You May Also Like


Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...


Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...


As a traditionally rigid insurance industry becomes bogged down by antiquated processes and operations, a handful of industry leaders are seeking to shake things...


Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Disclaimer:, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.