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Globe Telecom, Inc., commonly shortened as Globe, is a major provider of telecommunications services in the Philippines.The company operates the largest mobile network in the Philippines and one of the largest fixed-line and broadband networks.
TM was launched on September 12, 2001, as Touch Mobile, initially catering to the middle income market, and has since covered lower-income groups as well, making it Globe's value brand offering. [ 1 ] [ 2 ] [ 3 ] The service has gained popularity for its discounted call and messaging services, with the "All Network" offers allowing TM ...
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.
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