Globe Telecom: Difference between revisions
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In 1991, Globe Mackay was subsequently merged with the [[Clavecilla Radio Corporation]]. Globe Mackay as the surviving company was renamed GMCR, Inc. and on March 19, 1992, the Philippine Congress passed Republic Act 7229 approving the merger and the transfer of the franchise of [[Clavecilla Radio Corporation]] to the surviving company to be renamed [[GMCR, Inc.]] |
In 1991, Globe Mackay was subsequently merged with the [[Clavecilla Radio Corporation]]. Globe Mackay as the surviving company was renamed GMCR, Inc. and on March 19, 1992, the Philippine Congress passed Republic Act 7229 approving the merger and the transfer of the franchise of [[Clavecilla Radio Corporation]] to the surviving company to be renamed [[GMCR, Inc.]] |
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In 1994, Islacom launched the country's first digital mobile communication services using GSM world standard digital technology. |
In 1994, Islacom launched the country's first digital mobile communication services using GSM world standard digital technology. We are happy. |
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On 20 August 1998, the Philippine Securities and Exchange Commission (SEC) approved the change of name of GMCR, Inc. to Globe Telecom, Inc. (Globe). |
On 20 August 1998, the Philippine Securities and Exchange Commission (SEC) approved the change of name of GMCR, Inc. to Globe Telecom, Inc. (Globe). |
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Revision as of 05:38, 20 November 2009
- Not to be confused with Globe Telecom (Singapore), a similarly named company in Singapore.
| Company type | Public (PSE: GLO) |
|---|---|
| Industry | Communications Services |
| Founded | Manila, Philippines (1935) |
| Headquarters |  Mandaluyong City, Philippines |
Key people | Jaime Augusto Zobel de Ayala II, Chairman Ernest L. Cu, President and CEO |
| Products | Broadband Services Cellular Telephony Fixed-Line Telephony |
| Revenue | P57 billion PHP ( 4%) (2006) |
| P12 billion PHP (14%) (2006) [1] | |
| Website | www.globe.com.ph |
Globe Telecom (PSE: GLO), commonly known as Globe, is a telecommunications company in the Philippines.
History
In 1928, Congress passed Act No. 3495 granting the Robert Dollar Company, a corporation organized and existing under the laws of the State of California, a franchise to operate wireless long distance message services in the Philippines.
The Robert Dollar Company subsequently incorporated in the Philippines as Globe Wireless Limited and in 1934, Congress passed Act No. 4150 transferring the franchise and privileges of the Robert Dollar Company to Globe Wireless Limited.
Globe Wireless Limited was subsequently renamed Globe Mackay Cable and Radio Corporation. Congress, through Republic Act 4630 enacted in 1965, further expanded its franchise to allow it to operate international communications systems.
Globe Mackay Cable and Radio Corporation was closed in the Philippines by Martial law.
Shortly before the expiration of its franchise, the Batasan Pambansa in 1980 enacted Batas Pambansa 95 granting Globe Mackay Cable and Radio Corporation a new franchise.
On June 15, 1990, Isla Communications Co., Inc. (Islacom) was incorporated. Through Republic Act 7372, Islacom was authorized to develop full-service telecommunications network in the country.
In 1991, Globe Mackay was subsequently merged with the Clavecilla Radio Corporation. Globe Mackay as the surviving company was renamed GMCR, Inc. and on March 19, 1992, the Philippine Congress passed Republic Act 7229 approving the merger and the transfer of the franchise of Clavecilla Radio Corporation to the surviving company to be renamed GMCR, Inc.
In 1994, Islacom launched the country's first digital mobile communication services using GSM world standard digital technology. We are happy.
On 20 August 1998, the Philippine Securities and Exchange Commission (SEC) approved the change of name of GMCR, Inc. to Globe Telecom, Inc. (Globe).
On February 22, 2000, Globe and its principal shareholders Ayala Corporation (AC) and Singapore Telecom International Pte. Ltd. (STI), a wholly owned subsidiary of Singapore Telecom (ST), and Islacom and its principal shareholders Asiacom Philippines, Inc. (Asiacom) and DeTeAsia Holding GmbH (DeTeAsia), a wholly owned subsidiary of Deutsche Telekom AG (DT), entered into a General Agreement for a combination of the business and operations of Globe and Islacom.
On June 27, 2001, Globe completed the share swap transaction with Islacom, which effectively made Islacom a 100%-owned subsidiary of Globe.
In September 2002, Globe announced the operational integration of Globe and Islacom’s wireless networks. A key element of the integration involves the migration of existing wireless subscribers of Islacom to the improved Touch Mobile service.
On August 7, 2003, the National Telecommunications Commission (NTC) approved the legal transfer of Globe's wireline business, authorizations, properties, assets and obligations to Islacom.
On August 25, 2003, the SEC approved the change in name of Islacom to Innove Communications, Inc. (Innove).
On March 30, 2007 Globe Telecom, through its president and chief executive Gerardo Ablaza Jr. said it is diversifying from its core business to take advantage of the booming broadband business. Ablaza said the company would increase its investments in cable systems and wire lines to build its broadband Internet infrastructure. Industry analysts have viewed Globe’s plan to invest in cable systems as a strategy to compete more aggressively with Philippine Long Distance Telephone Co., which took advantage of its wire line infrastructure to diversify into broadband business.
Ownership
- Singapore Telecommunications: 45%
- Ayala Corporation: 34%
- Public stock: 21%
Globe Broadband
Globe has been expanding its wireless broadband network to accommodate the increasing demand for the Internet. This year of 2009, Globe introduced Globe Broadband Tattoo and Globe Broadband Powered by WiMAX (Worldwide interoperability for Microwave Access). In June 2009, the company launched hyper-speed plans via fiber-to-the-home technology.
Tattoo
With Globe Broadband Tattoo, users can experience speeds of up to 2 Mbps, delivered via 3G and High-Speed Downlink Packet Access (HSDPA).
SulitChat
SulitChat is Globe’s messaging offer to subscribers who never want to be disconnected from their chatmates and/or textmates. It allows them to continue sending messages complete with emoticons even in the absence of a laptop or PC.
GCash Remit
GCASH Remit, remittances delivered straight to Globe Handyphone or Touch Mobile phone in response to Filipino expatriates and overseas Filipino workers growing needs.
GCash Web Pay
GCASH WebPay answered the need for a more secure mode of payment for Internet buys. It’s a new payment option for merchants and consumers transacting on the web, which assures security and confidentiality.
Globe DUO
Duo allows subscribers unlimited calling to and from any landline number, as well as, unlimited calling to and from any DUO postpaid mobile subscriber.
Wimax
Globe has rolled out Globe Broadband Powered by WIMAX (Worldwide Interoperability for Microwave Access). Globe’s network is considered the first and biggest 2.5Ghz WiMAX (802.16e) broadband network in South East Asia.
Globe is first in the Philippines to commercially launch a consumer Wimax offering. Currently, Globe has around four thousand subscribers on its WiMAX network, after only a few weeks.
The service is initially available in selected areas in South Luzon, NCR, Visayas, and Mindanao. Globe continues to roll-out WiMAX sites, as a complement to its existing DSL and 3G internet facilities, to ensure the internet gets to every Filipino who needs it.
Globe is providing WiMAX to selected local community government offices in Cavite, Batangas and CDO. Globe is also providing internet access via Wimax to selected schools and city hospitals in Mindanao as part of its thrust of community service to the marginalized areas.
iPhone 3G
Globe Telecom brought iPhone 3G to the Philippines on August 22, 2008. iPhone 3G combines all the features of iPhone plus 3G networking, built-in GPS for expanded location-based mobile services, and iPhone 2.0 software which includes support for Microsoft Exchange ActiveSync.
Competition
Globe's main competitor in the fixed-line telephone market is PLDT. In the mobile telephony market, its main competitors are Smart Communications and Talk N' Text, which is owned by PLDT, and Sun Cellular, which is owned by Digitel.
Philippine Network Code
Globe areacodes are:
- 905
- 906
- 915
- 916
- 917
- 926
- 927
- 935
- 936
- 937
See also
References
External links
Official
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1 Joint venture • 2 Defunct |
Members of the Bridge Alliance | |
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