Globe Telecom Stock News

Globe Telecom---through its enterprise arm, Globe Business---is the recipient of the 2021 Zoom Partner Marketing Awards from Zoom Video Communications, Inc., commending the company''s inventive spirit and impactful achievements. The award was presented to Globe for winning the APAC Innovation Rockstar Partner Marketing Award at Zoomtopia Partner Connect. Partner Connect is a partner-focused event designed to inform and inspire partners on Zoom''s vision, how they can better sell, learn about new program updates, and celebrate their successes. The award program recognizes organizations that have strategized and executed impactful marketing campaigns around Zoom. This year, Zoom re Keep on reading: Globe Telecom wins Innovation Rockstar Award in Zoom Partner Marketing Awards

Dito CME Holdings Corp. wants to raise P8 billion to P11.3 billion in a share sale to bankroll its bid to challenge industry incumbents PLDT Inc. and Globe Telecom. The deal marks the first share offer of Dito CME, which used to be ISM Communications Corp. before it was reorganized into the telecommunications holding company [] The post Dito CME vows to stay the course in P11-B share sale pitch appeared first on Inquirer Business .

GLOBE Telecom Inc. (GLO) has 311,947,748 outstanding common and voting preferred shares, according to the company''s 2021 general information sheet. The outstanding common and preferred shares include 3,693 Filipinos, who paid for 55,034,715 common shares, or 19 percent, with P50 par value; five Filipinos, 158,515,020 voting preferred shares, with P5 par value and 20 million treasury non-voting preferred shares, with P50 par value. GLO has 44 foreigners, who paid for 78,390,013 common and voting preferred shares four Singaporeans, 62,646,661 common shares, 21 percent; 39 others, 15,751,351 common shares, or 5 percent; and one Singaporean, one voting preferred share, with P5 par value. AsiaCom Philippines Inc. is GLO''s No. 1 stockholder, according to the GIS. It owned 158,515,021 voting preferred shares, or 54.30 percent; Singapore Telecom International Pte. Ltd. of Singapore, 62,646,487 common shares, or 21.46 percent; Ayala Corp., 41,157,276 common shares; and PCD Nominee Corp. as holder for Filipinos of 12,831,638 common shares, or 4.40 percent; and 15,716,202 common shares, or 5.38 percent, for non-Filipinos.

The Cybercrime Investigation and Coordinating Center (CICC), the inter-agency group created to fight the recent proliferation of smishing and text spams in the country, has pushed for the setting up of a hub that will centralize complaints, including those filed with other agencies. The CICC is now developing an app and a web portal where victims could report a scam through a hotline and dedicated website. CICC Executive Director Cezar Mancao said the inter-agency will then furnish the telcos with the numbers provided by the victims and those gathered by other agencies so that these are blocked. Globe Telecom has so far blocked 1 billion messages since January. In addition, Smart Communications has blocked at least 60 web domains linked to the scam. Mancao said the CICC would employ a triage system and refer cases to appropriate agencies for action, even as he called on other agencies to assist his office in addressing tactically and strategically the ICT-assisted scams and fraud. In a statement, the National Privacy Commission (NPC) said the centralization of complaints for action by concerned agencies will result in swifter responses and help boost public trust in government. sBesides these short-term actions, the interagency group is also looking at prepaid text and call attestation, which can trace the owner of numbers listed in a registry to be attested by telcos.

Globe Telecom has secured P15 billion via loan deals with local banks to support its network modernization and debt refinancing. The telco giant said in a stock exchange filing on Friday it signed separate term-loan agreements with BDO Unibank Inc. and Land Bank of the Philippines for P10 billion and P5 billion, respectively. The funds [] The post Globe seals P15-B loans with local banks to upgrade network appeared first on Inquirer Business .

Conglomerate Ayala Corp. is giving up its human resource (HR), customer relationship management and digital solutions business under HCX Technology Partners Inc. and consolidating this into the shared services unit of telecom arm Globe Telecom Inc. Ayala has signed an agreement to sell its 100-percent stake in HCX to Asti Business Services, Inc. (ABSI), which [] The post Ayala sells HR solutions business to Globe unit appeared first on Inquirer Business .

Globe Telecom said it was cracking down on spam messages given rising cases of unsolicited and scam texts. In a statement on Monday, Globe said its dedicated cybersecurity team had deactivated 5,670 spam numbers and blocked nearly to 71 million messages this year alone. We take unsolicited and fraudulent messages seriously, and protecting Globe customers [] The post Globe Telecom cracks down on deluge of spam messages appeared first on Inquirer Business .

The Ayala Groups Globe Telecom and Chinese billionaire Jack Ma are prepared to keep their fintech gold mine, GCash, private for a longer period of time, with prominent investors willing to bankroll its expansion at lofty valuations. Earlier this month, GCashs parent firm Mynt secured a $300-million investment from US private equity firm Warburg Pincus, [] The post GCash not going public for now appeared first on Inquirer Business .

JPMorgan Chase & Co. lowered shares of Globe Telecom (OTCMKTS:GTMEY) from a neutral rating to an underweight rating in a report published on Thursday, The Fly reports. Shares of OTCMKTS:GTMEY opened at $68.00 on Thursday. Globe Telecom has a 12 month low of $37.03 and a 12 month high of $69.92. The company has a []