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{{Infobox_Company | company_name = Globe Telecom | company_logo = ] | company_type = Public company ([Philippine Stock Exchange: [http://www.pse.com.ph/html/ListedCompanies/listedcompanyinfo.jsp?securitySymbol=GLO GLO)| slogan = ''Abot mo ang mundo''
([Filipino language: You can reach the world)| foundation = Manila, [Philippines ([)| location = {{flagicon|Philippines--> [Mandaluyong City, [Philippines | key_people = Jaime Augusto Zobel de Ayala II, Chairman
Gerardo C. Ablaza, Jr., President and CEO | industry = [Telecommunication | products = [Broadband
[Mobile phone
[Telephone
| homepage = http://www.globe.com.ph www.globe.com.ph| revenue = Philippine peso57 billion ({{profit-->4%) ([) | net_income = Philippine peso12 billion ({{profit-->14%) ([) http://www.ayala.com.ph/annual_report/annual_report_2005.zip | -->

Not to be confused with Globe Telecom (Singapore), a similarly named company in Singapore.

Globe Telecom (), commonly known as Globe, is the second-largest telecommunications company in the Philippines.

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).

On March 30, 2007 Globe Telecom, through its president and chief executive Gerardo Ablaza Jr. said it is diversifying from its core business to take advantage of the booming broadband business. Ablaza said the company would increase its investments in cable systems and wire lines to build its broadband Internet infrastructure. Industry analysts have viewed Globe’s plan to invest in cable systems as a strategy to compete more aggressively with Philippine Long Distance Telephone Co., which took advantage of its wire line infrastructure to diversify into broadband business.

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 16.9 million subscribers as of March 2007.

Globe Handyphone targets the mainstream market while the Touch Mobile service targets mainly blue-collar workers.

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.



Globe Telecom also was first to offer Super 3G or HSDPA technology in Asia-Pacific during its launch in the first quarter of 2006.

Philippine area code assignment Globe Telecom uses the area codes 905, 906, 915, 916, 917, 926 and 927. The 905, 906 and 926 area codes are shared with Touch Mobile and 915 was formerly the area code of Isla Communications until the successful merger of Globe and Islacom.

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).

Ownership

Competition Globe's main competitor in the Telephone telephone market is Philippine Long Distance Telephone Company. In the Mobile phone market, its main competitors are Smart Communications, which is owned by Philippine Long Distance Telephone Company, and Sun Cellular, which is owned by Digital Telecommunications Philippines. Digitel is also a major fixed-line competitor.

See also

External links Complaints

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