Globe sells towers for $1.2 billion

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 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.

Globe Telecom demands severing of ties with Dito Telecommunity

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.  

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