Globe secures PHP15 billion loan
27 September 2023
Globe Telecom secured a PHP15 billion loan from Metropolitan Bank & Trust Company to finance its network upgrade and debt refinancing.
Globe invested PHP37.7 billion in capex in the first half of 2023 which was lower year-on-year by 25%, and consistent with the operator’s strategy to bring cash flow back to more sustainable levels. Around 90% of capex spending was allocated to network deployment to meet rising consumer demand for connectivity services.
Find out more Axiata Group completes final tower tranche from PLDT
11 September 2023
Axiata Group has completed the transfer of a final tranche of towers from PLDT’s subsidiaries to its unit in the Philippines, closing a deal to acquire and lease back 2,710 sites.
Axiata said that the transfer of 85 sites from Smart Communications and Digital Mobile Philippines was the final of six under a deal signed with PLDT in 2022 by ISOC edotco Towers, the local division of the group’s infrastructure unit edotco.
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Globe Telecom expands 5G rollout in southern islands
05 September 2023
Nokia has deployed infrastructure in the southern islands of the Philippines for Globe Telecom to accelerate 5G in the region.
Nokia installed its modular Interleaved Passive Active Antenna (IPAA+) which supports all 5G frequency bands including 2.6GHz. The solution will accelerate and simplify 4G and 5G rollouts while delivering network efficiency and performance.
Find out more Viettel Group upgrades network with Juniper Networks platform
25 August 2023
Viettel Group has selected the MX960 Universal Routing Platform from Juniper Networks for its network refresh.
The upgrades will help Viettel better scale its consumer mobile and fixed broadband services, especially as networking demands increase, aligning with the Vietnamese government’s push to drive economic growth through technology.
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