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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]
The site of where the Cebu IT Park is on used to be the site of the old Lahug Airport, which opened in 1938 before suspending operations in 1966, when Cebu's airport was transferred to the island of Mactan. [2] One event of historical note occurred on February 19, 1981, when Pope John Paul held an open-air Papal Mass on the airport's runway. [3 ...
Globe Telecom (Globe) was a joint venture between Ayala Corporation and Singapore Telecommunications Limited (SingTel). Globe was the first foreign company to be granted entry into the Philippine's liberalized market. In 1994, Globe launched its digital cellular services, pioneering the use of Global System for Mobile Communications Technology ...
PLDT is one of the Philippine's major telecommunications providers, along with Globe Telecom and startup DITO Telecommunity. Founded in 1928, it is the oldest and largest telecommunications company in the Philippines, in terms of assets and revenues. [5]
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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.
As the number of subscribers grew, both PLDT and Globe Telecom rapidly expanded their Time-Division Duplex-Long Term Evolution (TD-LTE) services for Fixed Wireless Broadband. According to PLDT, they spent P2 billion of its P28.8 billion capital expenditure for 2013 to bring TD-LTE technology to customers’ homes.
Eastern Telecommunications Philippines, Inc. (ETPI), doing business as Eastern Communications, is the first telecommunications company in the Philippines under Vega Telecom. [ 1 ] [ 2 ] [ 3 ] Founded in 1878 during the final years of the Spanish colonial era, it was the first company to provide telegraphic services.