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Metrobank loans $264m to Philippines’ Globe Telecom
The group said its CAPEX in the first six months of 2023 amounted to US$651 million, 25% lower compared to the same period last year.
By João Marques Lima
Founder and Editor, The Tech Capital
2 Mins
September 25, 2023 | 11:35 AM BST
Globe's President and CEO Ernest L Cu. Source: GT
The Philippines' major telecommunications company Globe Telecom, Inc. has signed a Php15 billion (US$264.1 million) loan facility with Metropolitan Bank & Trust Company (Metrobank) to finance its capital expenditures.
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