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Ayala-backed Globe tops $1.5bn in 2022 CAPEX with digital infrastructure expansion ‘on track’

The group, which has recently sold its data centre business and signed a sale-and-leaseback transaction of its tower asset.

By João Marques Lima

Founder and Editor, The Tech Capital

2 Mins

November 29, 2022 | 2:54 PM GMT

The Philippines telecommunications operator Global Telecom Inc. said its digital infrastructure roll out is “on track” as capital expenditure (CAPEX) reached P74.7 billion (US$1.494 billion) by the end of September.

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João Marques Lima

Founder and Editor, The Tech Capital

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