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                    [ArticleID] => 219699
                    [Title] => Deutsche Telekom offers 24.8%-stake in Globe Telecom to other parties
                    [Summary] => Deutsche Telekom subsidiary DeTeAsia is currently offering its 24.8-percent stake in Globe Telecom to other parties. 


This developed after the European firm failed to come to an agreement with Ayala Corp. and Singapore Telecom, the other major shareholders in Globe, mainly regarding pricing with respect to Ayala and SingTel’s exercise of their right of first refusal. 


                    [DatePublished] => 2003-09-04 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 219705
                    [Title] => Innove sets $40-M capex
                    [Summary] => Globe Telecom subsidiary Innove is spending $40 million this year for its capital expenditure budget.


According to Innove chief operating officer Gil Genio, the amount will be used to increase the capacity of its switches, purchase submarine cables, expand its geographic footprint, and invest in new network technologies.


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GLOBELINES AND GLOBEQUEST

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                    [Title] => Deutsche Telekom offers 24.8%-stake in Globe Telecom to other parties
                    [Summary] => Deutsche Telekom subsidiary DeTeAsia is currently offering its 24.8-percent stake in Globe Telecom to other parties. 


This developed after the European firm failed to come to an agreement with Ayala Corp. and Singapore Telecom, the other major shareholders in Globe, mainly regarding pricing with respect to Ayala and SingTel’s exercise of their right of first refusal. 


                    [DatePublished] => 2003-09-04 00:00:00
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                    [ArticleID] => 219705
                    [Title] => Innove sets $40-M capex
                    [Summary] => Globe Telecom subsidiary Innove is spending $40 million this year for its capital expenditure budget.


According to Innove chief operating officer Gil Genio, the amount will be used to increase the capacity of its switches, purchase submarine cables, expand its geographic footprint, and invest in new network technologies.


                    [DatePublished] => 2003-09-04 00:00:00
                    [ColumnID] => 133272
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abtest

Deutsche Telekom offers 24.8%-stake in Globe Telecom to other parties

September 4, 2003 - 12:00am

Deutsche Telekom subsidiary DeTeAsia is currently offering its 24.8-percent stake in Globe Telecom to other parties. This developed after the European firm failed to come to an agreement with Ayala Corp. and Singapore...

Business

Innove sets $40-M capex

September 4, 2003 - 12:00am

Globe Telecom subsidiary Innove is spending $40 million this year for its capital expenditure budget. According to Innove chief operating officer Gil Genio, the amount will be used to increase the capacity of its...

Business