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                    [ArticleID] => 128427
                    [Title] => Globe earmarks P39.7B to expand mobile phone network
                    [Summary] => Ayala-controlled Globe Telecom Inc is investing another P39.7 billion to expand its cellular phone network.


Based on its application with the Board of Investments, Globe will fund its P39.7- billion expansion primarily through equity amounting to P25.823 billion or 65 percent of total investment while the remaining 35 percent will come from loans amounting to P13.904 billion.


                    [DatePublished] => 2001-07-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
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ERICSSON RADIO SYSTEMS

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                    [ArticleID] => 128427
                    [Title] => Globe earmarks P39.7B to expand mobile phone network
                    [Summary] => Ayala-controlled Globe Telecom Inc is investing another P39.7 billion to expand its cellular phone network.


Based on its application with the Board of Investments, Globe will fund its P39.7- billion expansion primarily through equity amounting to P25.823 billion or 65 percent of total investment while the remaining 35 percent will come from loans amounting to P13.904 billion.


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abtest

Globe earmarks P39.7B to expand mobile phone network

By Marianne V. Go | July 30, 2001 - 12:00am

Ayala-controlled Globe Telecom Inc is investing another P39.7 billion to expand its cellular phone network. Based on its application with the Board of Investments, Globe will fund its P39.7- billion expansion primarily...

Business