GLOBE Telecom Inc. has signed a loan package with Metropolitan Bank and Trust Company (Metrobank) to finance its capital expenditures for the year in line with its data expansion plans.

In a statement issued on Friday, Globe said it signed a P5-billion, 10-year loan and a $45-million, seven-year term loan.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details