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                    [ArticleID] => 219705
                    [Title] => Innove sets $40-M capex
                    [Summary] => Globe Telecom subsidiary Innove is spending $40 million this year for its capital expenditure budget.


According to Innove chief operating officer Gil Genio, the amount will be used to increase the capacity of its switches, purchase submarine cables, expand its geographic footprint, and invest in new network technologies.


                    [DatePublished] => 2003-09-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                (
                    [ArticleID] => 156970
                    [Title] => Globe Telecom eyes $100-M club loan
                    [Summary] => Mobile telephony leader Globe Telecom will tap the local market towards the end of the year for a $100-million syndicated loan to fully cover its $650-million capital expenditure budget for the year.


The plan comes on the heels of the successful raising of the company of $200 million from the sale to the international investment community of 10-year notes.


Globe chief finance officer Delfin Gonzales said yesterday that the company will draw down some $350 million from last year’s excess cash.


                    [DatePublished] => 2002-04-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [2] => Array
                (
                    [ArticleID] => 150799
                    [Title] => Globe, Islacom hike rates today
                    [Summary] => Globe Telecom and its subsidiary Isla Communications Inc. will increase today the rates on local and national long distance calls made from its landline phones under the brand name Globelines.


Globe assistant vice president Venancio Chan said in an interview yesterday that national direct distance (NDD) rate for calls made from  Globelines to other carriers now costs P1.50 higher, or from P3 per minute to P4.50 per minute. The rates apply to both postpaid and prepaid subscribers of Globelines.


                    [DatePublished] => 2002-02-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [3] => Array
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                    [ArticleID] => 142761
                    [Title] => Globe mulls data services facility
                    [Summary] => Leading mobile phone service provider Globe Telecom plans to put up a new facility for its data co-location or hosting service by the second half of next year as the Ayala-owned firm expects growth in its data services to double in 2002.


Globe senior vice president Gil Genio said following the launch of eLounge Center that demand in data services will increase next year as the entire industry looks forward to the recovery of the economy.


 "We see a tremendous area of opportunities in data services because we believe the future belongs to data," Genio said.


                    [DatePublished] => 2001-12-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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ISLA COMMUNICATIONS INC

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                    [ArticleID] => 219705
                    [Title] => Innove sets $40-M capex
                    [Summary] => Globe Telecom subsidiary Innove is spending $40 million this year for its capital expenditure budget.


According to Innove chief operating officer Gil Genio, the amount will be used to increase the capacity of its switches, purchase submarine cables, expand its geographic footprint, and invest in new network technologies.


                    [DatePublished] => 2003-09-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 156970
                    [Title] => Globe Telecom eyes $100-M club loan
                    [Summary] => Mobile telephony leader Globe Telecom will tap the local market towards the end of the year for a $100-million syndicated loan to fully cover its $650-million capital expenditure budget for the year.


The plan comes on the heels of the successful raising of the company of $200 million from the sale to the international investment community of 10-year notes.


Globe chief finance officer Delfin Gonzales said yesterday that the company will draw down some $350 million from last year’s excess cash.


                    [DatePublished] => 2002-04-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 150799
                    [Title] => Globe, Islacom hike rates today
                    [Summary] => Globe Telecom and its subsidiary Isla Communications Inc. will increase today the rates on local and national long distance calls made from its landline phones under the brand name Globelines.


Globe assistant vice president Venancio Chan said in an interview yesterday that national direct distance (NDD) rate for calls made from  Globelines to other carriers now costs P1.50 higher, or from P3 per minute to P4.50 per minute. The rates apply to both postpaid and prepaid subscribers of Globelines.


                    [DatePublished] => 2002-02-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 142761
                    [Title] => Globe mulls data services facility
                    [Summary] => Leading mobile phone service provider Globe Telecom plans to put up a new facility for its data co-location or hosting service by the second half of next year as the Ayala-owned firm expects growth in its data services to double in 2002.


Globe senior vice president Gil Genio said following the launch of eLounge Center that demand in data services will increase next year as the entire industry looks forward to the recovery of the economy.


 "We see a tremendous area of opportunities in data services because we believe the future belongs to data," Genio said.


                    [DatePublished] => 2001-12-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Innove sets $40-M capex

September 4, 2003 - 12:00am

Globe Telecom subsidiary Innove is spending $40 million this year for its capital expenditure budget. According to Innove chief operating officer Gil Genio, the amount will be used to increase the capacity of its...

Business

Globe Telecom eyes $100-M club loan

April 12, 2002 - 12:00am

Mobile telephony leader Globe Telecom will tap the local market towards the end of the year for a $100-million syndicated loan to fully cover its $650-million capital expenditure budget for the year. The plan comes...

Business

Globe, Islacom hike rates today

February 16, 2002 - 12:00am

Globe Telecom and its subsidiary Isla Communications Inc. will increase today the rates on local and national long distance calls made from its landline phones under the brand name Globelines. Globe assistant vice...

Business

Globe mulls data services facility

December 7, 2001 - 12:00am

Leading mobile phone service provider Globe Telecom plans to put up a new facility for its data co-location or hosting service by the second half of next year as the Ayala-owned firm expects growth in its data services...

Business