Globe Telecom

INTRODUCTION

Globe Telecom is one of the leading telecommunications companies in the Philippines. The company’s origin can be traced back to the Robert Dollar Company in 1928 after the US Congress Act No. 3495 allowed it to franchise and operate a wireless long distance message service Company in the Philippines. In 1993, the signing of the Memorandum of Understanding between Ayala Corporation and Singapore Telecom, Inc. (STI), wholly-owned subsidiary of Singapore Telecommunications Limited (SingTel), was formalized. This collaboration between these two companies resulted to the establishment of Globe Telecom Inc.

The company launched the Globe Handyphone, the first fully digital CMTS (Cellular Mobile Telephone System) using the GSM (Global Systems for Mobile) communications network. With constant upgrading of Globe Telecom’s systems and technology, it even increased its lead from market competitors by becoming the first Philippine internet service provider. The fixed line telecommunications and broadband services are now managed by Innove Communications Inc. (Innove), a wholly-owned subsidiary.

Globe Telecom expanded its service coverage by launching its mobile commerce services in 2004. This service is more popularly known as GCASH which operates under its wholly-owned subsidiary, G-Xchange, Inc. GTI Business Holdings, Inc., one of its subsidiary companies, is an investment company that has the authority to provide VoIP services.

It also reinforced its network connectivity with the TGN-Intra Asia Cable System. It is through this program that Globe Telecom was first to locally introduce Worldwide interoperability for Microwave Access or WiMAX, a wireless channel with the capability of delivering high-speed internet service to a large geographical area.

It also reaches out to the society through different community and environmental initiatives. The Company inexorably believes in the preservation of the environment and continues to support causes of...