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Globe says industry cooperation needed to advance Philippine digital network
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BusinessWorld Online
GLOBE TELECOM, INC., through its corporate arm Globe Business, said the industry must work together to co-create the Philippines’ digital backbone to position the country as a regional hub for connectivity, cloud, and content.
According to the Ayala-led telecommunications company, the growing demand for reliable and secure connectivity highlights the need for coordination among industry stakeholders.
The company also said that the managed optical fiber network (MOFN) would be an effective strategy to advance and address challenges in the Philippines’ connectivity ambition.
STT GDC Philippines, a joint venture between Globe, Ayala Corp., and ST Telemedia Global Data Centres, operates seven data centers in the country.
At the stock exchange on Tuesday, Globe shares fell by P44, or 2.8%, to close at P1,530 each.
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