Carl Raymund Cruz, the new president and chief executive officer of Globe Telecom, made his first official appearance as head honcho of the Ayala-owned telco during the company’s first quarterly briefing for 2025.
Globe Telecom announced on Wednesday, Oct. 23, the appointment of Carl Raymond R. Cruz as the company’s deputy CEO, effective Jan. 1, 2025. He will be nominated to the position of president and CEO in the company's annual stockholders meeting scheduled for April 2025.
Globe recently held a successful end-to-end satellite SMS customer trial in a remote area with no reception in Zambales, a milestone in the company’s initiative to deliver connectivity in Geographically Isolated and Disadvantaged Areas (GIDAs).
Globe has reported an 18.6% increase in cable theft incidents in the Greater Manila Area (GMA) in the first half of 2024, a concerning uptrend that undermines efforts to expand connectivity amid steadily increasing demand.
Local operator Globe announced on Monday, Sept. 16, the appointment of Juan Carlo C. Puno as its new Chief Financial Officer (CFO), treasurer, and Chief Risk Officer (CRO) starting Oct. 16, 2024.
Amid the decline, Globe is calling on mobile users to remain vigilant amid emerging scam schemes that evade cellular networks, including the use of chat apps and fake cell towers that are able to send messages without telco detection.
Globe CEO Ernest Cu said the country needs more substantial investments in digital infrastructure, noting the Department of Information and Communications Technology invested only P7.6 billion for Internet infrastructure from 2018 to 2024.
The latest report from mobile metrics firm Opensignal has shown DITO as the most awarded operator, winning 10 out of 14 awards outright and being a joint winner alongside Globe across a further two awards.
PLDT, whose brand value went down by 25% to $1.93 billion, fell two places to become the 8th most valuable Asean telecoms brand, now placing it behind Globe.
Mobile data traffic soared to 5,960 petabytes by the end of December 2023, a 28% rise from 2022. Such a surge in data consumption is primarily attributed to high-bandwidth online videos and social media content accessed through smartphones, Globe said.
