Company Overview and News

21
After failed MoneyGram bid, Ant Financial goes ‘one better’ with blockchain-based remittance service

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Alibaba’s financial arm Ant Financial has unveiled a cross-border remittance service based on blockchain technology in a move designed to compete with banks and remittance services like MoneyGram – the company Ant tried to buy last year before the deal was quashed by US regulators over security concerns.
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9
DICT backs assigning frequency to ‘third player,’ not auction

19h bworldonline
THE Department of Information and Communications Technology (DICT) is pushing for awarding of frequencies to the telecommunications industry’s third entrant to reduce its financial burden, the acting head of the department said.
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9
3rd telco selection delayed anew

2018-06-17 business.inquirer.net
The Duterte administration’s third telco initiative has stalled as the oversight committee members crafting the draft rules for the selection process appear unable to overcome big differences on how it should be implemented.
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9
Globe, De La Salle–College of Saint Benilde prepare for the Future of Learning

2018-06-16 business.inquirer.net
Michelle Tapia, Head of Strategy, Innovation, and Transformation of Globe myBusiness and Brother Dennis Magbanua, FSC, President of De La Salle – College of Saint Benilde (DLS-CSB) show the MOA for a three –year research grant. Together with them are Derrick Heng, Senior Advisor for Globe myBusiness (left) and Robert Tang, DLS-CSB Chancellor (right).
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13
Now Corp. inks MoU with TransCo for use of fiber assets

2018-06-14 bworldonline
NOW CORP. on Thursday announced it signed a memorandum of understanding (MoU) with the National Transmission Corp. (TransCo) for the use of the latter’s fiber and microwave assets for the establishment of a nationwide fixed broadband network.
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9
DICT orders NTC to review fees for mobile spectrum held by Globe, Smart

2018-06-14 bworldonline
THE Department of Information and Communications Technology (DICT) has ordered the National Telecommunications Commission (NTC) to review spectrum user fees for specific frequency bands to determine whether the rights holders are making efficient use of them.
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14
SEC approves Now Corp.’s preferred shares offering

2018-06-13 bworldonline
THE Securities and Exchange Commission (SEC) on Wednesday gave the go-signal for Now Corp.’s proposal to issue up to P1 billion worth of preferred shares.
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9
Bayan seeks quick resolution of other public cases

2018-06-13 newsinfo.inquirer.net
Bayan Muna Rep. Carlos Zarate and party chair Neri Colmenares urged the Supreme Court (SC) on Wednesday to expedite the resolution of important public interest cases, “hopefully with the same haste with which it decided on the ouster case of Chief Justice Maria Lourdes Sereno.”
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9
Tougher rules in store for 3rd major telco

2018-06-10 bworldonline
GROUPS looking to vie for the distinction of becoming the Philippines’ third major telecommunications service provider likely face tougher financial and technical requirements, according to departments overseeing the process.
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13
DICT looks to name third telco before yearend

2018-06-10 bworldonline
THE Department of Information and Communications Technology (DICT) said the inter-agency committee overseeing the selection of a third telco player will come up with a target timetable for the announcement of the new entrant.
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13
Crucial telco deal signed

2018-06-08 business.inquirer.net
The government’s plan to provide high-speed and inexpensive internet to public areas around the country advanced on Friday with the signing of a crucial agreement for the use of spare fiber optic assets owned by the state.
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9
Cell sites issue seen as major concern in Globe’s 5G rollout plan

2018-06-07 business.inquirer.net
Fifth generation or 5G wireless technology will make its commercial debut in the Philippines by the middle of next year.
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9
Globe Telecom to introduce 5G next year

2018-06-07 business.inquirer.net
Fifth generation or 5G wireless technology will make its commercial debut in the Philippines by the middle of next year.
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36
Stock price index up slightly in thin trade

2018-06-06 business.inquirer.net
The benchmark Philippine Stock Exchange index (PSEi) managed to close with a small gain on Wednesday, a day after inflation fears eased with the release of data for May.
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9
Globe myBusiness, Restaurant Business Network partner for RestomaniaPH 2018

2018-06-04 business.inquirer.net
Globe myBusiness Senior Advisor Derick Heng addresses guests in his opening keynote and talks about the Globe myBusiness Restaurant Business Network, a restaurant and café- specific business ecosystem designed to provide relevant services to companies in the food industry.
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CUSIP: 379549108