MARKET HEADLINE: SHORT SELLING BY OCTOBER

Globe Telecom. Inc.
7-26

...ayos!  Tongue

Globe offers home broadband services to DMCI unit owners

GLOBE TELECOM, Inc. is partnering with DMCI Homes, Inc. to offer easy subscription to Globe At Home services exclusive to DMCI condominium owners.

In a statement on Wednesday, the telecommunications giant said residents at The Birchwood and Ivory Wood in Taguig City, Asteria Residences in Parañaque City and Lumiere Residences and Sheridan Towers in Pasig City may now apply for subscription to Globe’s services directly through DMCI Homes.

It noted that Internet connection has now become a basic necessity, hence fitting to be among the offers bundled with ownership of property.

“When you think about it, you want the basic necessities in life, such as water and electricity, ready when you move into your new home… The same thing is now the case with internet — it has become a utility that homeowners need,” Globe’s GTM & Business Development Director for Broadband Michelle Marie Fernandez-Castillo said in the statement.

DMCI Homes Assistant Vice President for Marketing, Customer Care and Corporate Planning Januel Mikel O. Venturanza echoed the same sentiment, saying “It’s important for owners nowadays to have an internet connection at home so we thought of making it available once they move into their units.”

In June, Globe announced it will roll out its fifth-generation (5G) Globe At Home service by second quarter of 2019, in partnership with Huawei Technologies Ltd. The 5G integration is expected to allow the company to render internet speeds from 50 megabits per second (Mbps) to 100 Mbps through Air Fiber technology.

The Ayala-led company posted a 27% rise in attributable net income during the first quarter at P4.7 billion on the back of higher earnings.


source: http://www.bworldonline.com/globe-offers...it-owners/
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8-9

...ok, kaya pala anlaki ng up nito kahapon eh Tongue

Globe Telecom earnings rise in 1st half

GLOBE TELECOM, Inc. said its net income grew by 21% to P9.8 billion in the first half, on the back of higher revenues as a result of growing data consumption.

In a regulatory filing, Globe said its core net income, which excludes the impact of non-recurring charges, one-time gain, foreign exchange gains and mark-to-market charges, increased 25% to P10 billion.

“Sustained topline performance was due to the continued expansion of the 4G and LTE network, and the growing preference of customers towards content-rich offerings and multimedia applications that enrich the Filipino digital lifestyle,” Globe said in a statement.

For the first half, consolidated service revenues went up 9% to P68.3 billion, “mainly on the back of the robust growth of data across all segments, given the burgeoning data consumption among customers.”

Globe said mobile revenues rose 9% to hit P52.6 billion, mainly from Globe Prepaid and its mass market brand TM. Revenues of its home broadband and corporate data business also improved by 12% to P8.6 billion and 9% to P5.4 billion, respectively.

“This was boosted by the expansion of subscribers and continued high demand for various business solutions catering to the needs of corporate and enterprise clients. Including the impact of PFRS (Philippine Financial Reporting Standards) 15, total consolidated service revenues for the period stood at P67.3 billion,” the telco said.

For the period ending June 30, Globe’s mobile subscribers stood at 65.1 million, up 9% from 59.7 million subscribers last year as a result of efforts in attracting high-value subscribers for its prepaid brands.

Globe’s total home broadband subscriber base stood at 1.5 million as of end-June, 22% higher from a year ago.

However, fixed-line voice revenues dropped 17% to P1.51 billion during the first half.


source: http://www.bworldonline.com/globe-teleco...-1st-half/
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8-23

...new Globe Tower company....pero san iisa na lang na telco tower para lahat nandun na mga telco carriers

SEC approves Globe’s cell tower company

THE SECURITIES and Exchange Commission (SEC) has approved the incorporation of Globe Telecom, Inc.’s new company that would build cellular towers, the telecommunications giant said on Wednesday.

In a disclosure to the stock exchange, Globe said it received the SEC’s approval on the incorporation of GTowers, Inc. on Aug. 20.

“The establishment of a tower company will help speed up the building and deployment of cellular towers in the country,” the company said.

In July, Globe said it will incorporate a separate tower holding company. After securing SEC approval, the company said it will begin divesting all or some of its tower assets.

Globe earlier said it was in talks with certain parties to form an independent tower company to help speed up the building and deployment of cellular towers.

However, Globe President and Chief Executive Officer Ernest L. Cu told reporters last month it has yet to come up with an agreement with these parties.

“The companies themselves are evaluating what the model will be. I guess paramount in their minds is whether a single tenant or the risk of having only one tenant on the tower company will be worth it for them,” he said.

Mr. Cu has said incorporating a separate tower holding company would “monetize assets for capex (capital expenditure) use and help maintain our consistent dividend policy.”

He noted this would also support the government’s initiative to find a third major player in the telco industry, as Globe plans to lease its towers.

Rival PLDT, Inc. said late last month that it is open to sharing towers should they be approached, but under some conditions.

“Obviously somebody has to step up and say, ‘Here’s a tower, you can share.’ And it has to be at an operating cost that is lower than our operating cost today, to make sense,” PLDT Chief Corporate Services Officer Ray C. Espinosa told reporters in late July.

Under their franchise, Globe and PLDT are allowed to build their own cellular towers for exclusive use.

But the government is pushing the companies to consider sharing their towers because of its economic benefits. Last month, the Department of Information and Communications Technology (DICT) received a P100-billion proposal from local company ISOC Infrastructures, Inc. to build 25,000 common towers over a seven-year period.

DICT Acting Secretary Eliseo M. Rio, Jr. said then they are open to accommodating up to two independent tower companies.


source: http://www.bworldonline.com/sec-approves...r-company/
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9-5

...LTE ayus! Tongue BUY!

Globe says on track to hit LTE coverage target

GLOBE Telecom, Inc. said it is moving closer to reaching its target of deploying long-term evolution (LTE) services to 95% of cities and municipalities in the country by end-2018.

In a statement on Tuesday, the telco company said it has established 1,752 new LTE sites all over the country over the January to June period, bringing the number of LTE stations nationwide to 12,000.

The new LTE sites carry frequency bands of 700 megahertz (MHz) and 2600 MHz.

“We are on course to fulfill our commitment of deploying LTE services to 95 percent of municipalities nationwide by the end of 2018,” Globe Senior Vice President for Program Governance Joel R. Agustin said in the statement.

The Ayala-led telco giant noted its customers’ continued use of streaming services is spurring demand for mobile data. Globe said mobile data traffic grew 40% to 390 Petabytes in the first six months of 2018 compared to 280 Petabytes during the same period last year.

Globe saw its net income for the first half of the year rise 21% to P9.8 billion, fueled by higher revenues driven by strong demand for data. 


source: http://www.bworldonline.com/globe-says-o...ge-target/
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10-8

...BUY na!  Tongue

Globe to deploy small cell antennas along major roads

GLOBE TELECOM, Inc. is expecting to speed up the roll out of more than 120 cell sites in Metro Manila as it signed an agreement with the Metro Manila Development Authority (MMDA) to cut the process for securing permits in building telco infrastructure.

In a statement over the weekend, the Ayala-led telecommunications giant said the deal allows it to deploy small cell antennas along EDSA, Roxas Boulevard, C5 and Congressional Avenue, among other locations.

“Securing various permits for the construction of telco infrastructure such as cell sites has long been a major challenge of the industry. We want to thank MMDA for sharing our vision of a connected Philippines by allowing us to deploy sites faster,” Globe President and Chief Executive Officer Ernest L. Cu said in the statement.

Globe said around 25 permits from local government units are needed to set up a radio tower, and the process takes about eight months. With the MMDA deal, Globe said the small cell antennas will help improve wireless network coverage in major thoroughfares controlled by MMDA.

“Globe Telecom has been a long time partner of the agency in terms of public service. This agreement is in line with President Rodrigo Duterte’s policy of easing the process of doing business in the Philippines and MMDA’s contribution to improving telecommunications service in Metro Manila,” MMDA Chairman Danilo D. Lim was quoted as saying.

In August, Globe gained approval from the Securities and Exchange Commission (SEC) for the establishment of a separate tower company expected to “help speed up the building and deployment of cellular towers in the country.”


source: https://www.bworldonline.com/globe-to-de...jor-roads/
Pls don't follow me....I'm lost too! hehe
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