Philippines Globe Telecom to invest $750 million in cellular
World IT Report, Apr 8, 2003
Globe Telecom Inc., a joint venture company between the Ayala group and SingTel, has earmarked 39.82 billion ($750 million) to upgrade and expand its GSM network. Upon completion, slated for the end of 2003, the company's total capacity will more than double to over 7 million subscribers.
The expansion will include installation of 1,000 new cell sites, 37 new base stations and 17 mobile switching centers. The supplier of the equipment has not been determined and negotiations are underway with leading companies including Nokia and Ericsson.
Related Results
The project will be financed by internal sources as well and financial loans.
C 2003 All rights reserved. World IT Report
Provided by ProQuest Information and Learning Company. All rights Reserved.
Most Recent Technology Articles
- INTERVIEW WITH BEN BUTTERS, DIRECTOR OF EUROPEAN AFFAIRS AT EUROCHAMBRES : "A PERFECT ROAD MAP FOR EU CLUSTERS DOES NOT EXIST".
- AGENDA.(Brief article)(Conference notes)
- FIGHT AGAINST INTERNET PIRACY.
- INTERNET : AUTHORS' SOCIETIES URGE ACTION AGAINST PIRACY.
- TELECOMMUNICATIONS : BUSINESSEUROPE HOSTILE TO FURTHER CONTRACTUAL OBLIGATIONS.(Brief article)
Most Recent Technology Publications
Most Popular Technology Articles
- BizRate to monitor in-store customer satisfaction for Office Depot stores - Market Intelligence
- What is precision air conditioning and why is it necessary?
- Speed control of separately excited DC motor
- 3G: naughty or nice? PhoneErotica.com generates over 300 million hits per month, and rings up more minutes of use per month than MSN
- Effects of creative, educational drama activities on developing oral skills in primary school children
Most Popular Technology Publications
Content provided in partnership with
