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Globe Telecom, Inc. gains from international partnership and private 5G launch
Jan 12, 2025
Contract Type
partnership
TaguigInformation TechnologyHardwareSatellite CommunicationVoipCall Center
Description
Globe Telecom, Inc. saw its shares rise following the launch of its private fifth-generation (5G) network for enterprises and a partnership with Ria Money Transfer. The company deployed the first private 5G network in the Philippines to provide high-speed and secure connectivity solutions for specific enterprise operations. Additionally, its partnership with Ria Money Transfer is expected to serve Filipino remittance needs.
Company Information
Company
Globe Telecom
Location
Taguig, Manila, Philippines
About
Globe is a leading full-service telecommunications company in the Philippines and publicly listed in the PSE with the stock symbol GLO. The company serves the telecommunications and technology needs of consumers and businesses across an entire suite of products and services including mobile, fixed, broadband, data connectivity, internet and managed services. It has major interests in financial technology, digital marketing solutions, venture capital funding for startups, and virtual healthcare.