MANILA, Philippines — Globe Telecom Inc. signed a term loan facility of P5 billion with BDO Unibank, Inc., part of which will be used to finance its capital expenditures (CAPEX); for debt refinancing and for general corporate funding requirements, according to the telco in a statement on Wednesday.
Globe allocated P12.70 billion in CAPEX during the first three months of 2026, up 51 percent year-on-year, due to targeted investments in network expansion and capacity enhancements.
