Friday, February 3, 2023
198 Philippines News
No Result
View All Result
  • HOME
  • VIDEOS
  • BUSINESS
  • FEATURED NEWS
    • PHILIPPINES USA TRADE NEWS
    • PHILIPPINES EU NEWS
    • PHILIPPINES CHINA NEWS
    • PHILIPPINES UK NEWS
    • PHILIPPINES BRAZIL NEWS
    • PHILIPPINES THAILAND NEWS
    • PHILIPPINES INDIA NEWS
    • PHILIPPINES GULF NATIONS NEWS
    • PHILIPPINES AFRICA NEWS
    • PHILIPPINES NIGERIA NEWS
    • PHILIPPINES EGYPT NEWS
  • POLITICAL
  • MANUFACTURE
  • TECHNOLOGY
  • CRYPTO
  • MORE NEWS
    • 198TILG ULTIMATE MASSIVE MASS MEDIA CAMPAIGN
    • PHILIPPINES AGRICULTURE NEWS
    • PHILIPPINES VENTURE CAPITAL NEWS
    • PHILIPPINE PARTNESHIPS
    • PHILIPPINES BUSINESS HELP
    • PHILIPPINES SCHOLARSHIP NEWS
    • PHILIPPINES JOINT VENTURE NEWS
    • PHILIPPINES EDUCATION NEWS
    • PHILIPPINES UNIVERSITY NEWS
    • PHILIPPINES IMMIGRATION NEWS
  • ASK IKE LEMUWA
  • CONTACT
  • HOME
  • VIDEOS
  • BUSINESS
  • FEATURED NEWS
    • PHILIPPINES USA TRADE NEWS
    • PHILIPPINES EU NEWS
    • PHILIPPINES CHINA NEWS
    • PHILIPPINES UK NEWS
    • PHILIPPINES BRAZIL NEWS
    • PHILIPPINES THAILAND NEWS
    • PHILIPPINES INDIA NEWS
    • PHILIPPINES GULF NATIONS NEWS
    • PHILIPPINES AFRICA NEWS
    • PHILIPPINES NIGERIA NEWS
    • PHILIPPINES EGYPT NEWS
  • POLITICAL
  • MANUFACTURE
  • TECHNOLOGY
  • CRYPTO
  • MORE NEWS
    • 198TILG ULTIMATE MASSIVE MASS MEDIA CAMPAIGN
    • PHILIPPINES AGRICULTURE NEWS
    • PHILIPPINES VENTURE CAPITAL NEWS
    • PHILIPPINE PARTNESHIPS
    • PHILIPPINES BUSINESS HELP
    • PHILIPPINES SCHOLARSHIP NEWS
    • PHILIPPINES JOINT VENTURE NEWS
    • PHILIPPINES EDUCATION NEWS
    • PHILIPPINES UNIVERSITY NEWS
    • PHILIPPINES IMMIGRATION NEWS
  • ASK IKE LEMUWA
  • CONTACT
198 Philippines News
No Result
View All Result

Globe to upgrade network via ₧89-B capex program

by 198 Philippines News
February 9, 2022
in PHILIPPINES MANUFACTURE NEWS
0
Home PHILIPPINES MANUFACTURE NEWS
Share on FacebookShare on Twitter

[ad_1]

You might also like

Fed not adequately prepared to thwart Chinese info gathering -report

Governor turns over P6.9-M solar-powered irrigation system in Manapla

Korean carriers Resume direct flights from Cebu

Globe Telecom Inc. has set an P89-billion capital expenditures (capex) program for 2022, slightly decrease than its precise capex spend in 2021.

The quantity–simply 4 p.c decrease than the P92.8-billion capex spend in 2021, an all time excessive for Globe–will probably be used to construct extra cell websites, improve current ones, deploy 4G and 5G radios, and add extra fiber traces throughout the nation, in keeping with a Globe disclosure on Wednesday.

Final 12 months, Globe aggressively expanded its mounted line and wi-fi networks, constructing 1,407 new cell websites, upgraded over 22,300 cellular websites, put in greater than 2,000 5G radios, and put in 1.4 million fiber-to-the-home traces.

Except for saying its capital outlays program for 2022, Globe additionally reported that it netted P23.7 billion in income final 12 months, a 27-percent enhance from P18.6 billion the 12 months prior, due to the upside impression of the Company Restoration and Tax Incentives for Enterprises Act in addition to the achieve from the P4.3 billion deemed sale of funding in subsidiary Mynt.

Its core web revenue stood at P21.2 billion, which is 9-percent increased than the 12 months prior, fueled by the 4-percent enhance in web revenue to P151.5 billion, however this was partially offset by the results of Hurricane Odette to its whole working bills of P76.6 billion.

“Globe confirmed admirable resilience in 2021 regardless of the pandemic and the devastation of Hurricane Odette within the nation. We’ve emerged to be an impressive digital companies enabler by quickly adapting our methods to deal with each the challenges and the alternatives created by the worldwide well being disaster and pure disasters,” Globe President Ernest L. Cu stated.

“Because of this, our monetary efficiency remained steady and posted wholesome development, enabling us to reinvest again into our community as buyer knowledge calls for develop bigger annually.”

Cu additionally painted a rosy outlook for Globe this 12 months.

“We’re optimistic that our technique to concentrate on innovation to serve our prospects higher and to deal with their wants and considerations by way of varied digital platforms, backed by our sturdy community, will solidify our main place available in the market. Relaxation assured that we are going to proceed to revamp and upscale our companies so as to safe the way forward for a digitally-transformed Philippines.”



[ad_2]

Source link

Tags: 89BcapexGlobenetworkprogramupgrade
Share30Tweet19

Recommended For You

Fed not adequately prepared to thwart Chinese info gathering -report

by 198 Philippines News
July 26, 2022
0

FILE PHOTO: Federal Reserve Board constructing on Structure Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis WASHINGTON  – The Federal Reserve doesn't have satisfactory programs...

Read more

Governor turns over P6.9-M solar-powered irrigation system in Manapla

by 198 Philippines News
July 26, 2022
0

NEGROS. Negros Occidental Governor Eugenio Jose Lacson leads the ceremonial turnover of the P6.9-million Myrianne Photo voltaic Powered Irrigation System in Barangay San Pablo in Manapla city Monday,...

Read more

Korean carriers Resume direct flights from Cebu

by 198 Philippines News
July 25, 2022
0

AIRPORT passenger service employees at Mactan-Cebu Worldwide Airport welcome the primary arriving passengers of Korean airline T’means from Incheon, South Korea. / GMCAC MORE Korean air carriers resumed...

Read more

Duty Free Fiesta Mall to be closed, relocated as restrictions against Covid-19 widen losses

by 198 Philippines News
July 25, 2022
0

DUTY FREE Philippines Corp. (DFPC) tasks a turnaround in its funds by 2025 with extra individuals touring throughout the globe and visiting the Philippines. DFPC officers led by...

Read more

Megawide to use ₧4-B bond proceeds to term out debt

by 198 Philippines News
July 24, 2022
0

THE Securities and Alternate Fee (SEC) has accepted the general public providing of Megawide Building Corp. for as much as P4 billion value of fixed-rate bonds. Assembly en...

Read more
Next Post

Yap faces unbeaten Cuban Herrera in Dubai

‘Odette’ reduces fertilizer supply in Visayas

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

Marcos To Re-examine Nuclear Power

July 26, 2022

Fed not adequately prepared to thwart Chinese info gathering -report

July 26, 2022

Office of Press Secretary recoups to make BBM govt ‘exciting’

July 26, 2022

Wagner Farm Pork Concessions still going strong

July 26, 2022

Executed Myanmar prisoners deserved ‘many death sentences’: junta spokesman

July 26, 2022

FMLS22 – The Industry’s Largest Crypto Event This Fall

July 26, 2022
198 Philippines News

198 Philippines News provides the latest news update when the US is a close ally and has provided military aid to help combat Muslim and communist insurgencies.

198massmedia Group. USA. 3821 Dominion Drive, Dumfries, USA. 22026.

Toll Free 1 888 642 8433.
Contact: info@198philippinesnews.com

LATEST UPDATES

Marcos To Re-examine Nuclear Power

Fed not adequately prepared to thwart Chinese info gathering -report

Office of Press Secretary recoups to make BBM govt ‘exciting’

Wagner Farm Pork Concessions still going strong

Executed Myanmar prisoners deserved ‘many death sentences’: junta spokesman

FMLS22 – The Industry’s Largest Crypto Event This Fall

RECOMMENDED

No Content Available
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - 198 Philippines News.

No Result
View All Result
  • HOME
  • VIDEOS
  • BUSINESS
  • FEATURED NEWS
    • PHILIPPINES USA TRADE NEWS
    • PHILIPPINES EU NEWS
    • PHILIPPINES CHINA NEWS
    • PHILIPPINES UK NEWS
    • PHILIPPINES BRAZIL NEWS
    • PHILIPPINES THAILAND NEWS
    • PHILIPPINES INDIA NEWS
    • PHILIPPINES GULF NATIONS NEWS
    • PHILIPPINES AFRICA NEWS
    • PHILIPPINES NIGERIA NEWS
    • PHILIPPINES EGYPT NEWS
  • POLITICAL
  • MANUFACTURE
  • TECHNOLOGY
  • CRYPTO
  • MORE NEWS
    • 198TILG ULTIMATE MASSIVE MASS MEDIA CAMPAIGN
    • PHILIPPINES AGRICULTURE NEWS
    • PHILIPPINES VENTURE CAPITAL NEWS
    • PHILIPPINE PARTNESHIPS
    • PHILIPPINES BUSINESS HELP
    • PHILIPPINES SCHOLARSHIP NEWS
    • PHILIPPINES JOINT VENTURE NEWS
    • PHILIPPINES EDUCATION NEWS
    • PHILIPPINES UNIVERSITY NEWS
    • PHILIPPINES IMMIGRATION NEWS
  • ASK IKE LEMUWA
  • CONTACT

Copyright © 2022 - 198 Philippines News.