Globe sells towers for $1.2 billion
Globe Telecom gained board approval to sell over 7,000 mobile towers, in deals expected to reap PHP71 billion (US$1.2 billion) to finance network expansion and sustain industry consistency and reliability scores.
MTN secures Afghan unit sale for $35m
MTN Group accepted a US$35 million offer for its Afghanistan operation to finalise its exit from Middle Eastern markets, as it reported revenue growth in its latest financial results.
Orange wins Telecom Egypt’s roaming tender
Telecom Egypt has signed a five-year national roaming deal with Orange Egypt.
Globe Telecom demands severing of ties with Dito Telecommunity
Globe Telecom hit back at rival Dito Telecommunity by requesting permission from the National Telecommunications Commission (NTC) to sever interconnection lines until the operator pays back PHP622 million (US$11.1m) in fines, for failing to prevent fraudsters from accessing its network.
Dito accuses Globe and Smart of abusing dominance around interconnection
Dito Telecommunity has filed cases with the Philippine Competition Commission (PCC) arguing that its rivals Globe Telecom and Smart Communications abused their market dominance.
