Singapore’s Globe Telecom unit gets FBO license

Visual from company home page

Philippine mobile carrier Globe Telecom will be providing international cable capacities and other telecommunications services in Singapore after securing a license as a facilities-based operator (FBO).

Globe disclosed to the stock exchange that its unit GlobeTel Singapore Pte Ltd officially obtained the FBO license from the Infocomm Development Authority (IDA) of Singapore.

Launched in 1999 as a call back operator, GlobeTel Singapore is a wholly owned subsidiary of GTI Business Holdings Inc, which is Globe’s wholly owned subsidiary. GlobeTel Singapore obtained its Service Based Operator (SBO) licenses in April 2000 when the Singapore Telecommunication industry was liberalized.

“GlobeTel Singapore’s offering will boost connectivity requirements between Singapore and the Philippines, further improving business relations between them,” Globe said in a statement. “In addition, the offering will provide alternate and redundant cable paths from Singapore to Hong Kong and Japan transiting the Philippines, ensuring stable connectivity.

Globe was originally incorporated in 1935 as Global Wireless Limited that later changed its name to Globe Telecom in 1992. The latter provides digital mobile communication services nationwide using a fully digital network based on the Global System for Mobile Communication technology or GSM.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.