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Globe says home broadband market 'hyper competitive' due heightened demand

Bruce Rodriguez, ABS-CBN News
Posted at Jun 01 05:29 PM

Globe says home broadband market 'hyper competitive' due to fiber demand Read more »

Converge ICT says may give free boost up to 100 Mbps this year

ABS-CBN News
Updated as of May 19 01:35 PM

Converge ICT can boost the speed of its baseline subscribers from 35Mbps to 50 Mbps or even 100Mbps this year if it hits its milestone of getting 1.75 million subscribers before the end of 2021, the telco’s CEO said on Wednesday.  Read more »

Converge ICT, Starlink satellite internet service unlikely this year

Bruce Rodriguez, ABS-CBN News
Posted at May 17 07:23 PM

Converge ICT said it may not offer satellite broadband services this year as talks with Elon Musk's SpaceX Starlink project remain far from being finalized. Read more »

Converge eyes Q2 VisMin fiber broadband commercial launch

ABS-CBN News
Posted at Apr 01 07:41 AM

Converge Information and Communications Technology Solutions Inc it plans to launch commercial fiber broadband services in Visayas and Mindanao by the second quarter.  Read more »

SKY Fiber offers free speed boost for home internet subscriptions

ABS-CBN News
Updated as of Mar 19 04:34 PM

SKY Fiber said subscribers can now enjoy leveled-up internet after speeds of their home internet service were upgraded without an added cost. Read more »

Converge sets P20B capex for 2021, eyes 55 pct of homes nationwide

ABS-CBN News
Updated as of Mar 12 12:10 PM

Converge Information and Communications Technology Solutions said Thursday it allotted some P20 billion for capital expenditure this year.   Read more »

Converge sets P20B capex for 2021, eyes 55 pct of homes nationwide

ABS-CBN News
Posted at Mar 11 12:40 PM

Converge Information and Communications Technology Solutions said Thursday it allotted some P20 billion for capital expenditure this year.   Read more »

PLDT's Pangilinan hints at leaving 'soon' as CEO

Bruce Rodriguez, ABS-CBN News
Posted at Mar 04 06:45 PM

"There's always a time to give up, and I think that time is soon," said Pangilinan who also sits as PLDT chairman and president.  Read more »

Nokia wins 5G order from Philippines' Globe Telecom

Reuters
Posted at Feb 24 06:43 PM

Finnish telecom network equipment maker Nokia on Wednesday said it has won an order from Globe Telecom to build a 5G network to the Philippines’ second and third largest islands Mindanao and Visayas. Read more »

Telco tower builder says completes 5th common tower, Globe to get first dibs

ABS-CBN News
Posted at Feb 23 11:09 AM

IETI said the new tower is the fifth project it has completed but is the first that was built to suit the specifications of a client, which is Globe. Read more »

Converge ICT says 'premature' to talk of deal with Elon Musk's SpaceX Starlink

ABS-CBN News
Updated as of Feb 15 11:29 AM

Broadband service provider Converge ICT on Monday played down reports that it was entering a deal with centi-billionaire Elon Musk's firm SpaceX. Read more »

'We have to see how they play the game': Globe plays down impact of DITO

Nika Lazo, ABS-CBN News
Updated as of Feb 10 05:41 PM

Globe is unfazed by the incoming telco player DITO Telecommunity which is set to launch in March -- seeing no significant impact and no change in prices. Read more »

Converge says 'doubled' fiber network in 2020

ABS-CBN News
Posted at Feb 10 11:33 AM

Converge said Wednesday it "doubled" its fiber network and residential customer growth last year from 2019 as it ramped up its expansion. Read more »

Globe net income down 16 pct to P18.6 billion in 2020

ABS-CBN News
Updated as of Feb 10 10:53 PM

MANILA (UPDATED)- Globe Telecom saw a 16 percent drop in net income last year to P18.6 billion versus P22.3 billion in 2019 due to lower revenues and depreciation charges amid the pandemic. Read more »

Globe to ramp up 4G LTE rollout in key tourist destinations this month

ABS-CBN News
Posted at Feb 03 06:40 PM

Ayala-led Globe Telecom is set to ramp up 4G LTE network rollout in key tourist destinations this February. Read more »

PLDT to spend at least P88 billion next year to improve telco services

ABS-CBN News
Updated as of Dec 14 12:36 PM

The 2021 capital expenditure is at least 20 percent higher than the P73 billion allotted and spent this year, PLDT said. Read more »

PH internet improves but still behind global average, ASEAN neighbors: tracker

ABS-CBN News
Updated as of Dec 08 05:15 PM

Internet connectivity improved in the Philippines but the country still falls below the global average in terms of mobile and fixed-line broadband speeds, industry tracker Ookla said based on its Speedtest Global Index.  Read more »

Globe eyes 80 pct of Metro Manila with 5G coverage by year-end

ABS-CBN News
Updated as of Nov 19 09:35 AM

Ayala-led Globe Telecom said it aims to have 80 percent of Metro Manila with 5G coverage by year end, as it continues 5G network expansion in key cities in Visayas and Mindanao.   Read more »

Telcos seen to hike capex by 20-25 pct next year as 'healthier competition' expected: Fitch

ABS-CBN News
Posted at Nov 18 12:15 PM

The Philippine internet economy will see "healthier competition" next year as telco firms are expected to increase spending by 20 to 25 percent and new players are to enter the market, an analyst at Fitch Ratings told ANC's Market Edge on Wednesday. Read more »

PLDT's Manny Pangilinan withdraws bid for Sky Cable citing regulatory risks

ABS-CBN News
Updated as of Nov 05 06:59 PM

Telecoms tycoon Manny Pangilinan has withdrawn his bid to acquire Sky Cable Corp from the Lopez Group due to worries that antitrust regulators may flag the deal. Read more »