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In 1965, Globe Wireless Limited was merged with Mackay Radio & Telegraph Company and Philippine Press Wireless to form Globe-Mackay Cable and Radio Corporation ("Globe-Mackay"), [1] with the transfer of Mackay's franchise to Globe Wireless Limited approved by the Congress through Republic Act No. 4491 enacted on June 19, 1965. [16]
In July 2020, Globe and Sphere formed a partnership with U.S.-based music label 88rising to launch the localized label Paradise Rising. [4] In November 2020, Globe and Sphere also partnered with filmmakers Erik Matti and Dondon Monteverde to launch Upstream PH , a subscription video-on-demand and streaming service.
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Globe Capital Venture Holdings, Inc. (GCVHI), doing business as 917Ventures, is a Philippine-based corporate investment firm. [1] Although it is wholly-owned subsidiary of major telecommunications firm Globe Telecom, the company independently operates itself on its own legal entity for the purpose of corporate venture building outside of its parent's core business.
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Following Globe Telecom’s tender offer for Bayan's debt in 2012, Globe Telecom held 96.5% of the total debt of Bayan at the end of that year. As proposed, restructuring would decrease the outstanding principal debt of Bayan from US$423.3 million to US$131.3 million, through the conversion of up to 69% of Bayan debt into Bayan shares.