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GLOBE TELECOM - PHILIPPINES

Globe Telecom Web Page http://www.globe.com.ph/


PHILIPPINES

Globe Telecom is a full-service telecommunications company offering cellular mobile telephone system (CMTS), fixed telephone and international communications services, International Private Leased (IPL) lines, Internet access, VSAT (Very Small Aperture Terminal) service, Inter-Exchange Carrier service, Frame Relay, Value-added Network Services (VANS) and other domestic data communications services.

2001: SingTel has 23.9% percent,at a cost of about S$473 million. Philippines second largest mobile phone company.

2003 Deutsche Telekom reported to be selling its 24.8% of Globe Telecom. Ayala Corp (32.7%) and SingTel (29.1%) are reported to buy the shares.

MOBILES

  • No 1 operator - SMART - Smart Communications, Inc. ("Smart") - 100% PLDT
  • No 2 Globe Telecom 40% of market
  • No 3 operator - PILTEL - Pilipino Telephone Corporation - 45.3% PLDT

    Investors in Global Telecom are

  • Ayala Corporation (Philippines)
  • Singapore Telecom International (Singapore)
  • Deutsche Telekom (Germany).

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