Globe Telecom secures PHP5 billion loan for capex

Posted on September 12, 2025 by Guest authors

Globe Telecom announced it has secured a PHP5 billion (US$87.5 million) loan from the Bank of Commerce to support its capital expenditure programme, according to ABS-CBN.

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Operators

Globe Telecom sells more towers

Guest authors
May 2, 2024
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Philippines-based operator Globe Telecom sold off more towers in a deal sealed back in 2022, raising PHP13.5 billion (US$234 million) to support future capex plans and pay down debts.

Operators

Hormuud Telecom CEO to step down

Guest authors
April 10, 2025
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Somalian operator Hormuud Telecom has announced that its founder and CEO, Ahmed Yusuf, will step down on 1 June, with deputy chairman Mohamed Farah (pictured) set to take the reins.

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Widespread cellular outage hits the US

Guest authors
February 22, 2024
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A cellular outage has swept across large portions of the US, causing disruptions in services provided by major telecom companies including AT&T, Verizon, and T-Mobile. Data collected from outage tracking website Downdetector revealed that more than…

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Globe Telecom sells more towers

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