NTC clears Globe to take controlling stake in BayanTel

After a two-year battle, the telecoms regulator in the Philippines has finally given Globe Telecom approval to take a controlling interest in BayanTel, which has been under corporate rehabilitation since 2003. The National Telecommunications Commission (NTC) last week cleared Globe’s …

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Asia Briefs: Samsung top LTE patent holder, Philippines approves bill for free WiFi in public places & more

Samsung is top LTE patent holder — TIPO South Korea’s Samsung Electronics is the top holder of standard-essential patents related to LTE technologies, according to a two-year study by Taiwan Intellectual Property Office (TIPO). Samsung led with a 17 per …

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Globe CEO reveals secrets to company’s transformation

LIVE FROM AMDOCS ASIA-PACIFIC BUSINESS SUMMIT, SINGAPORE: Before its recent transformation, Globe Telecom in the Philippines endured 16 straight quarters of falling market share, which bottomed out at slightly below 33 per cent. In the face of a large incumbent …

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Philippine WiMAX operator exits “rehabilitation”, plans mobile service in 2016

Liberty Telecoms, the troubled WiMAX provider in the Philippines, has made an early exit from corporate rehabilitation after a Makati court closed the proceedings. The company, a joint venture between San Miguel Corp and Ooredoo, operates WiMAX service under the …

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Globe’s Q1 profit jumps 43% on strong mobile data gains

The Philippines’ Globe Telecom reported a 43 per cent jump in Q1 net profit and double-digit revenue growth as mobile data revenue expanded 58 per cent. The company’s net profit hit a record PHP4.2 billion ($93.65 million), while its EBITDA rose …

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PLDT reports flat Q1 as SMS and roaming decline

The Philippines’ largest operator PLDT reported its net profit and revenue were stable in Q1 from a year ago as continued gains in data revenue couldn’t offset declines in SMS and international voice. The operator’s net profit was almost unchanged …

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Smartphone shipments jump 76% in the Philippines

Smartphone shipments in the Philippines grew by 76 per cent last year and accounted for 47 per cent of the 26.8 million handset total, according to data from IDC. A year ago smartphones only accounted for 24 per cent of total …

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Globe’s profit rises 25% on strong company-wide gains

The Philippines’ Globe Telecom today reported strong gains in profit and revenue in 2014, backed by solid performances across all its business units and a 14 per cent increase in mobile connections. Globe’s core net profit expanded 25 per cent …

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Globe completes $700M 4G expansion

Globe Telecom in the Philippines announced today it has completed a $700 million network modernisation initiative, which included the rollout of 4,300 LTE cell sites. Globe, the country’s second largest mobile player with a 38 per cent market share, expanded …

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