Globe wants $1.5 billion for towers
Globe Telecom is looking to sell a swathe of its telecoms towers in a deal that could raise as much as US$1.5 billion, it emerged late last week.
Globe Telecom is looking to sell a swathe of its telecoms towers in a deal that could raise as much as US$1.5 billion, it emerged late last week.
There are all manner of metrics that telcos cite when crowing about their 5G milestones, and these last few days have seen some top-notch braggadocio.
The most popular stories on Telecoms.com show what have caught the industry professionals’ imagination this year. Plus an editor’s note.
Globe Telecom is looking at the possibility of using network equipment suppliers that do not hail from China amidst rising tensions between Huawei, the US and other Western markets.
Chinese operator China Telecom has signed a $5.4 billion deal to get involved in Mislatel, the Philippines third CSP.
Seven carriers this week agreed to co-deploy a submarine cable directly connecting Southeast Asia and the US in a project worth $250m. To be completed by the end of 2016, the cable system will provide an additional 20Tbps capacity, connecting Indonesia and the Philippines to the US with 100G technology.
The incumbent operator in the Philippines has offered to give up some of its excess 3G spectrum, in an effort to clear the way for regulatory approval of the acquisition of a rival.
The Wholesale Applications Community has received a further boost with the news that Chinese vendor Huawei has provided a WAC-enabled app store for the Philippines’ leading mobile operator, Smart. Crucially, Huawei will also be providing a compatible handset to the carrier.
Globe Telecom has launched in the Philippines what it claims will eventually be the biggest 802.16e network at 2.5GHz in Southeast Asia. Using equipment from Huawei, Globe is offering a wireless broadband service (speeds of up to 512Kbps) at a monthly cost of P795 (around $16).
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