Globe Telecom Inc.

Recent Events

News & Analysis

ayala corp. and globe telecom inc. - All News and Analysis

• Globe to invest $100 million for 3G wireless network

  - 2006-03-01

  PHILIPPINESSingapore Telecom International Pte Ltd. and Philippine conglomerate Ayala Corp. hold 44.6 percent and 34.5 percent, respectively, in Globe Telecom Inc. Gerardo Ablaza, president and CEO of Globe, said that with the existing infrastructure and cell sites, a company already providing 2G services finds it easy to offer 3G services...

  Tags: Ayala Corp., Globe Telecom Inc.

• Deutsche Telekom agrees to Globe sale.(Germany)(Brief Article)

  - 2003-11-01

  Deutsche Telekom agreed to sell its 24.8 percent stake in Globe Telecom to Singapore Telecom and Ayala Corp. for $472 million, selling its last major Asian asset to its joint venture partners in the Philippines' second largest phone operator. Although Telekom is selling the stake at...

  Tags: Ayala Corp., Deutsche Telekom AG, Globe Telecom Inc., SingTel

• SINGTEL SAYS DEUTSCHE TELEKOM OFFERS TO SELL GLOBE STAKE AGAIN.(Brief Article)

  - 2003-10-28

  Singapore Telecommunications says Deutsche Telekom has made a new offer to SingTel and Ayala Corp to sell its 24.8% stake in Globe Telecom, the Philippines' second-largest phone firm. SingTel did not disclose financial details of the offer, but said it and Ayala, the Philippines' largest conglomerate,...

  Tags: Ayala Corp., Deutsche Telekom AG, Globe Telecom Inc., SingTel

• Deutsche Telekom agrees to Globe sale.(Germany)(Globe Telecom)(Brief Article)

  - 2003-10-01

  Deutsche Telekom agreed to sell its 24.8 percent stake in Globe Telecom to Singapore Telecom and Ayala Corp. for $472 million, selling its last major Asian asset to its joint venture partners in the Philippines' second-largest phone operator. The German telecom group is receiving some $30...

  Tags: Ayala Corp., Deutsche Telekom AG, Globe Telecom Inc., SingTel

• Ayala profit sinks 45% despite revenue rise.

  - 2003-08-12

  Aug 12, 2003 (The Asian Wall Street Journal - ABIX via COMTEX) Ayala Corporation is a large conglomerate corporation in the Philippines. The company has reported that net profit dipped steeply in the first half of 2003. The group's recurring income doubled and analysts...

  Tags: Ayala Corp., Globe Telecom Inc.

• DT offers partners stake in Globe Telecom. (Germany).(Brief Article)

  - 2003-07-01

  Deutsche Telekom has offered to sellits 24 percent stake in Globe Telecom, a Philippine cellular company, to its partners, Singapore Telecom and Ayala Corp. The price was not disclosed, but DT's stake is valued at $430 million. Singapore Telecom and Ayala are said to be reviewing...

  Tags: Ayala Corp., Globe Telecom Inc., SingTel

• Eating up the competition.

  - 2003-01-01

  Dec 31, 2002 (Far Eastern Economic Review - ABIX via COMTEX) Companies in the Philippines have been ranked in terms of leadership qualities. The ranking was done by readers of "Far Eastern Economic Review". The number one, out of the top 10, was Jollibee...

  Tags: Ayala Corp., Globe Telecom Inc.

• Ayala posts decline in full-year profit.

  - 2002-02-19

  Feb 18, 2002 The Asian Wall Street Journal ABIX via COMTEX -- Ayala Corporation recorded a net profit of Php2.1bn in 2001. The result represents a decrease of 33 for the Philippine-based conglomerate. A total of 27 of the revenue of the group's Ayala...

  Tags: Ayala Corp., Globe Telecom Inc.

• Banks, telco holdings to boost Ayala

  - 2000-03-03

  Philippine conglomerate Ayala Corp has posted slight profit growth in 1999 and analysts say although the figure is lower than estimates, expectations for 2000 remain bullish. Ayala Corp's stronger hold on the telecommunications and banking sectors would likely result in better earnings for 2000, analysts said. Ayala Corp...

  Tags: Ayala Corp., Globe Telecom Inc.