Globe Telecom
From Wikipedia, the free encyclopedia
| Globe Telecom | |
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| Type | Public (PSE: GLO) |
|---|---|
| Founded | Manila, Philippines (1935) |
| Headquarters | Mandaluyong City, Philippines |
| Key people | Jaime Augusto Zobel de Ayala II, Chairman Gerardo C. Ablaza, Jr., President and CEO |
| Industry | Communications Services |
| Products | Broadband Services Cellular Telephony Fixed-Line Telephony |
| Revenue | PHP57 billion ( 4%) (2006) |
| Net income | PHP12 billion (14%) (2006) [1] |
| Slogan | Ang lakas mo sa Globe |
| Website | www.globe.com.ph |
Globe Telecom (PSE: GLO), commonly known as Globe, is the second-largest telecommunications company in the Philippines.
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[edit] History
In 1928, Congress passed Act No. 3495 granting the Robert Dollar Company, a corporation organized and existing under the laws of the State of California, a franchise to operate wireless long distance message services in the Philippines.
The Robert Dollar Company subsequently incorporated in the Philippines as Globe Wireless Limited and in 1934, Congress passed Act No. 4150 transferring the franchise and privileges of the Robert Dollar Company to Globe Wireless Limited.
Globe Wireless Limited was subsequently renamed Globe Mackay Cable and Radio Corporation. Congress, through Republic Act 4630 enacted in 1965, further expanded its franchise to allow it to operate international communications systems.
Shortly before the expiration of its franchise, the Batasan Pambansa in 1980 enacted Batas Pambansa 95 granting Globe Mackay Cable and Radio Corporation a new franchise.
On June 15, 1990, Isla Communications Co., Inc. (Islacom) was incorporated. Through Republic Act 7372, Islacom was authorized to develop full-service telecommunications network in the country.
In 1991, Globe Mackay was subsequently merged with the Clavecilla Radio Corporation. Globe Mackay as the surviving company was renamed GMCR, Inc. and on March 19, 1992, the Philippine Congress passed Republic Act 7229 approving the merger and the transfer of the franchise of Clavecilla Radio Corporation to the surviving company to be renamed GMCR, Inc.
In 1994, Islacom earned an important place in the history of Philippine telecommunications when it launched the country's first digital mobile communication services using GSM world standard digital technology.
On 20 August 1998, the Philippine Securities and Exchange Commission (SEC) approved the change of name of GMCR, Inc. to Globe Telecom, Inc. (Globe).
On February 22, 2000, Globe and its principal shareholders Ayala Corporation (AC) and Singapore Telecom International Pte. Ltd. (STI), a wholly owned subsidiary of Singapore Telecom (ST), and Islacom and its principal shareholders Asiacom Philippines, Inc. (Asiacom) and DeTeAsia Holding GmbH (DeTeAsia), a wholly owned subsidiary of Deutsche Telekom AG (DT), entered into a General Agreement for a combination of the business and operations of Globe and Islacom.
On June 27, 2001, Globe completed the share swap transaction with Islacom, which effectively made Islacom a 100%-owned subsidiary of Globe.
In September 2002, Globe announced the operational integration of Globe and Islacom’s wireless networks to increase the Globe Group’s business focus and streamline its operations in order to optimize utilization of the network to benefit subscribers. A key element of the integration involves the migration of existing wireless subscribers of Islacom to the improved Touch Mobile service, allowing them to enjoy superior coverage and service offering available through the Globe-Islacom integrated network.
On August 7, 2003, the National Telecommunications Commission (NTC) approved the legal transfer of Globe's wireline business, authorizations, properties, assets and obligations to Islacom.
On August 25, 2003, the SEC approved the change in name of Islacom to Innove Communications, Inc. (Innove).
[edit] Products
Globe Telecom's products are sold under the following brands:
- Globe Handyphone (mobile service)
- Globe Solutions (mobile service for businesses)
- Touch Mobile (mobile service through subsidiary Innove Communications)
- Globelines (fixed-line service through subsidiary Innove Communications)
- GlobeQuest (fixed-line service for businesses through subsidiary Innove Communications)
[edit] Globe Handyphone
Globe Handyphone is the mobile brand of Globe Telecom, a mobile phone service provider in the Philippines. At present, Globe Handyphone (of which the name Globe is most commonly used on) is the second-largest service provider in the Philippines, with a subscriber base of 11.7 million subscribers as of December 2004.
Globe Handyphone targets the mainstream market while the Touch Mobile service targets mainly blue-collar workers.
[edit] Levels of service
Globe offers different levels of service, dependent on both the population and the financial capability of the subscriber. A list is provided below.
- G-Flex (Consumable Postpaid Credits)
- G-Plan (postpaid)
- Globe Platinum (high-end postpaid service)
- Globe Prepaid
- Globe Kapamilya Prepaid (ABS-CBN Exclusive Sim Card)
- Globe Gizmo (Kids' mobile service in prepaid and postpaid)
Globe Telecom also was first to offer Super 3G or HSDPA technology in Asia-Pacific during its launch in the first quarter of 2006.
[edit] Philippine area code assignment
Globe Telecom uses the area codes 906, 915, 916, 917, 926 and 927. The 906 and 926 area codes are shared with Touch Mobile and 915 and 916 were formerly area codes of Islacom until the successful merger of Globe and Islacom.
[edit] Touch Mobile
Touch Mobile is a mobile service brand sold by Innove Communications (formerly Isla Communications), a subsidiary of Globe Telecom, which in turn is the second largest telecommunications company in the Philippines. Islacom Prepaid GSM was relaunched as Touch Mobile on September 12, 2001 as a family-centric value brand for Broad CD market. Since then, it has fine-tuned its services to cater to D/E subs with a special focus on blue-collar users (hence the new Power Piso offer).
[edit] Ownership
- Singapore Telecommunications: 44%
- Ayala Corporation: 35%
- Public stock: 21%
[edit] Competition
Globe's main competitor in the fixed-line telephone market is PLDT. In the mobile telephony market, its main competitors are Smart Communications, which is owned by PLDT, and Sun Cellular, which is owned by Digitel. Digitel is also a major fixed-line competitor.
[edit] See also
[edit] External links
- Official Globe Telecom Website
- Globe Handyphone
- GenTxt
- myGlobe portal
- Hub E-Shop
- Globe Platinum
- Globe Solutions
- Globe Kababayan
- Globe 3G with HSDPA
- Globe Telecom
- Touch Mobile
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Philippine mobile phone companies | ||
|---|---|---|---|
| Extelcom | Globe Telecom | Next Mobile | Smart Communications | Sun Cellular | |||
| Mobile Virtual Network Operators: Addict Mobile | Talk 'N Text | Touch Mobile |
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