Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Globe to Sign $700 Million Deal With Huawei, Alcatel-Lucent

Feb. 14 (Bloomberg) -- Globe Telecom Inc. will sign a $700 million agreement with Huawei Technologies Co. and Alcatel-Lucent to modernize its network, Philippine President Benigno Aquino’s communications office said in a statement today.

At least $570 million of the total amount will be spent this year and in 2013, Aquino’s communication office said. Aquino will witness the signing at the presidential palace tomorrow.

Link to Company News:{40978Z CH <Equity> CN <GO>} Link to Company News:{ALU FP <Equity> CN <GO>} Link to Company News:{GLO PM <Equity> CN <GO>}

To contact the reporter on this story: Joel Guinto at jguinto1@bloomberg.net

To contact the editor responsible for this story: Cecilia Yap at cyap19@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.