Globe secures ₱20B loans from BDO and Metrobank
Globe has signed two term loan agreements worth ₱10 billion each with BDO Unibank Inc. and Metropolitan Bank & Trust Company (Metrobank). The telco plans to use the funds for…
Globe eyes positive cash flow by 2025
Globe, a mobile operator in the Philippines, remains optimistic about achieving positive cash flow by 2025. The company continues to streamline its expenditures, aligning with a strategic plan to reduce…
Globe cuts Q1 capex to P13.7 billion
Globe is optimizing its capital expenditure (capex) by investing P13.7 billion in the first quarter of 2024, marking a 22% reduction compared to the same period last year. According to…
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