Globe boosts capex by $100 million to hasten data upgrade

MANILA – Globe Telecom said Friday its board approved an additional $100 million (P5.07 billion) budget for the rest of the year to upgrade its data service. Before the additional funding, the Ayala-led company set aside $750 million for capital expenditures this year, as it sought to deploy more LTE sites and increase 3G capacity.

Posted: 2017-09-22 11:29:00

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