Globe’s Bithos named IT Exec of the Year

 Economy
Jan 082014
 

MANILA, Philippines – Globe Telecom chief operating advisor Peter George Bithos was cited as IT Executive of the Year by Cyberpress, an organization composed of information technology (IT) journalists from the print and online media in the Philippines.

Bithos was instrumental in steering growth and profitability of the company’s mobile and broadband businesses with an innovative product portfolio and a sound strategy to drive superior customer experience. Under his helm, mobile subscriber base has grown by 14 percent as of end-September last year, reaching 36.5 million. Broadband customer base has reached 1.9 million with a 15-percent increase from previous year.

In 2013, Bithos led the successful launch of the company’s partnership with leading global over-the-top (OTT) player Viber to offer subscribers a richer messaging experience. Under Bithos’ leadership, Globe also forged a world-first collaboration with Facebook to offer its prepaid and postpaid subscribers free access to the social networking site alongside customer service innovations that address fear of mobile browsing.

Prior to joining Globe in 2010, Bithos spent five years with SingTel Optus in Australia where he was most recently the chief executive officer of Optus’ subsidiary Virgin Mobile Australia. Over his tenure at SingTel Optus, he held executive positions cutting across P&L leadership, operations, strategy and M&A.

Globe okays cash dividend for preferred shares

 Economy
Nov 202013
 
Globe okays cash dividend for preferred shares

MANILA, Philippines – Globe Telecom’s board has approved the declaration of cash dividend for holders of its preferred shares during its meeting held last Nov. 8. The amount of the cash dividend will be based on the average 30-day PDST-F (formerly MART1) as computed by the Philippine Dealing and Exchange Corp. plus two percent, Globe president and CEO Ernest Cu said. Record date is on Nov. 22, 2013 while payment date has been set on Dec. 8, 2013. The telecommunications provider reported its core net profit in the first nine months of the year rose nine percent to P9.5 billion, underpinned by robust revenues, which reached a total P67.3 billion, up 10 percent from P61.3 billion a year. Globe counts Philippine conglomerate Ayala Corp. and Singapore Telecom as its major shareholders.

Globe tells PLDT to remove illegal attachments

 Economy
Feb 072013
 
Globe tells PLDT to remove illegal attachments

MANILA, Philippines –Globe Telecom earlier has asked  the Philippine Long Distance Telephone Co. (PLDT) to remove the illegal PLDT outside plant (OSP) facilities attached to Globe OSP facilities specifically in the areas of Batangas and Baguio. Globe set a February 8 ultimatum for  PLDT to remove the illegal attachments or else Globe itself would remove the attachments without any liability to Globe. Yoly Crisanto, Globe Head of Corporate Communications, said PLDT shall also pay Globe for the cost of the removal including any damages that may arise on its facilities. “Our Field Operations teams found PLDT OSP facilities attached to our facilities without our permission,” Crisanto said. “We have requested that PLDT remove the said illegal attachments in order to protect our own facilities from unnecessary hazards.” Aside from the areas of Baguio and Bauan, Batangas, Globe also found  illegal attachments on their facilities by Digitel in San Pedro, Laguna. “This has been an ongoing concern for quite a while, and we have raised this issue many times before with PLDT contractors,” Crisanto said, adding that she is expecting PLDT’s immediate action on the issue.