TeleGeography Logo

Globe may borrow up to USD300m for network expansion

6 Feb 2008

Filipino fixed line and mobile operator Globe Telecom could look to borrow between USD200 million and USD300 million in 2008 to fund its capital expenditure spending of up to USD450 million, reports Reuters, quoting the company’s chief finance officer Delfin Gonzalez as saying. It is understood the financing would be raised through a combination of peso and dollar-denominated loans.

Philippines, Globe Telecom (incl. Innove)

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.