Globe Telecom. Inc.

Globe Telecom. Inc. (GLO) was originally incorporated on January 15, 1935 as Globe Wireless Limited with a franchise to operate wireless long distance message services in the Philippines. The Company eventually changed its name to the present one in 1992, and welcomed Singapore Telecom, Inc. as a new foreign partner the following year.

GLO is a telecommunications company in the Philippines. It provides digital mobile communication services nationwide using a fully digital network based on the Global System for Mobile Communication (GSM) technology. It provides voice, data and value added services to its mobile subscribers through three major brands: Globe Postpaid, Globe Prepaid and TM. The Company also provides its subscribers with mobile payment and remittance services under the GCash brand. GLO also provides wireline voice communications (local, national and international long distance), broadband and data services to individuals, small and medium enterprises, corporations and enterprises in the Philippines through Innove Communications, Inc, a wholly owned subsidiary.

The Company's subsidiaries are composed of Innove Communications Inc., G-Xchange, Inc., Entertainment Gateway Group Corp., EGGstreme (Hong Kong) Limited, and GTI Business Holdings, Inc.

Source: SEC Form 17-A (2009)

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Globe pushes IP peering policy

GLOBE Telecom Inc. on Friday asked the National Telecommunications Commission (NTC) to put in place an official domestic Internet Protocol
(IP) peering policy to lower access costs in the country.

In a statement, the Ayala-led telco said Internet traffic takes longer to route as data is sometimes sent overseas before reaching its target destination.

IP peering is similar to interconnection among local telcos for calls and texts, as it involves connecting subscribers and applications of one Internet service provider (ISP) to another.

As Internet penetration grows, Globe said the industry must continue to improve the way customers are served by providing them with faster and better Internet experience.

“The absence of a domestic IP peering policy today stifles healthy competition as subscriber of an ISP will experience unsatisfactory interlinking with another ISP if the latter refuses to leverage efficient domestic IP peering,” Globe said.

With higher costs for the ISP taking international routes, customers cannot expect lower Internet access rates and they would have to contend with a degraded Internet experience, the telco said.

With many ISPs operating in the country, formulating and implementing a domestic IP peering policy to interlink networks is important to ensure that customers get efficient Internet services and access applications they need, Globe said.
Debt watcher retains top credit rating for Globe Telecom

GLOBE TELECOM, Inc. has maintained its top credit rating for P5 billion worth of bonds issued back in 2009 despite the threat of more intense competition, a debt watcher yesterday said.

Philippine Rating Services Corp. (PhilRatings) said it was affirming its “PRS Aaa” rating for the bonds due to Globe Telecom’s “strong, though moderated earnings and cash flow generation.”

PhilRatings also cited the company’s “relatively conservative capital structure, adequate liquidity position, strong shareholder support, and the proactive stance of management in the light of keener competition and a changing competitive landscape.”

A “PRS Aaa” rating is given to debt “with minimal credit risk.”

Globe Telecom had issued the bonds, due to mature in 2012 and 2014, to raise money for its operations.
Globe Telecom expresses doubt over PLDT promises to consumers

GLOBE TELECOM, Inc. sought to fan fears that rivals would strike down budget services for consumers despite repeated assurances of otherwise, raising anew its opposition to Philippine Long Distance Co.’s (PLDT) acquisition of Digital Telecommunications Philippines, Inc. (Digitel).
The Ayala-led telecommunication firm said it "doubted" PLDT would honor its promise to retain Digitel’s unlimited call and text packages after the acquisition, airing concern over the budget service it had earlier blamed for cutting into 2010 profits.

"Given PLDT’s track record of unfulfilled promises in the telecommunications industry, it is highly unlikely that they will follow through on their verbal commitment to retain the ‘Unli’ plans," Rodolfo A. Salalima, Globe Telecom’s chief legal counsel, said in the statement.

Globe Telecom then went on to link the issue to its oft-cited complaint that PLDT has reportedly failed to fulfill promises of full interconnection with other telcos.
Globe completes upgrades on network transport backbone

MANILA, Philippines - Globe Telecom has completed planned upgrades on its network transport backbone which spans Luzon, Visayas and Mindanao.

With the upgrade, the ultra-high capacity transmission system is now more resilient, providing subscribers with improved network coverage and better services even during extreme weather disturbances.

The upgrade utilized an automatic switch optical network protection which ensures network systems remain reliable and fully stable, especially in anticipation of the rainy season ahead. To complement the upgrade, Globe also made significant improvements in its disaster recovery plan to prevent network disruptions during natural calamities, as well as to execute faster restoration time when services become severely affected.

Globe expanded its fiber optic coverage in the Mindanao region and implemented added protection for its transmission backbone in Zamboanga. It also completed its network modernization project in South Luzon to improve network capacity and quality for mobile and wireless broadband services.

“These are important pieces in our network enhancement initiatives to further improve on our service. We are also implementing a network modernization program to transform our network into a multi-service platform that is fully-redundant for uninterrupted, seamless and consistent network connectivity. In line with giving our subscribers a superior experience, our modernization program will allow subscribers to feel the difference in terms of connectivity across our products and services,” Globe chief technical adviser Robert Tan said.

“This transformation will increase our network capacity, as well as build up network resiliency and availability through architecture enhancements, improved hardware and network intelligence, as we continue to keep up with the increasing demand for voice and data use,” he added.
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spec yan ba paraburstna sinasabi nila??
(06-13-2011, 06:27 PM) Wrote: spec yan ba paraburstna sinasabi nila??
Hello Arthas. Thats master Spy's theory i believe ( paraburst and parabolic) I tend to agree with him in his theory. Ako naman i was just basing it on RSI 50 since it always has a tendency of bumping but not breaking it since 06Big Grin
(06-13-2011, 07:10 PM)thespeculator Wrote:
(06-13-2011, 06:27 PM) Wrote: spec yan ba paraburstna sinasabi nila??
Hello Arthas. Thats master Spy's theory i believe ( paraburst and parabolic) I tend to agree with him in his theory. Ako naman i was just basing it on RSI 50 since it always has a tendency of bumping but not breaking in since 06Big Grin
does your 50 rsi behave just like any sma's??

Nope not much connection between sma's and rsi for this case

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