We got this really surprising tip from a source that rumor is going around that billionaire tycoon Henry Sy is looking to buy controlling shares of Globe Telecom. This rumored interest in the telecoms industry could have been sparked by the recent acquisition of Digitel by PLDT, putting the competition between Smart and Globe in a spotlight. Earlier, Globe has secured a $90 million loan from China Banking Corp. Globe has a market capitalization of around Php142 billion and recently achieved a 1st quarter revenue of Php20.2 billion (Q1, 2012). That's more than enough money to buy controlling shares of Globe. Again, it's just a rumor (so take this story with a grain of salt) but if this actually happens, Henry Sy might do to Globe what it did to Banco de Oro -- propelling the company to the top spot by leveraging on its assets and interests in other markets. So it's not a surprise that Globe Telecom has dropped its Globe Visibility Mobile Prepaid kit down to just Php3,500. Globe started offering their new prepaid and postpaid plans for Visibility back in June 23 when we first reported it here. Read more in our articles including "Rumor: SM's Henry Sy buying Globe Telecom?" and "Globe drops Visibility Prepaid Kit price to Php3,500".
We got this really surprising tip from a source that rumor is going around that…
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May 10, 2026We got this really surprising tip from a source that rumor is going around that billionaire tycoon Henry Sy is looking to buy controlling shares of Globe Telecom. This rumored interest in the telecoms industry could have been sparked by the recent acquisition of Digitel by PLDT, putting the competition between Smart and Globe in a spotlight.
Earlier, Globe has secured a $90 million loan from China Banking Corp. Globe has a market capitalization of around Php142 billion and recently achieved a 1st quarter revenue of Php20.2 billion (Q1, 2012). That's more than enough money to buy controlling shares of Globe.
Our coverage of sm globe includes: "Rumor: SM's Henry Sy buying Globe Telecom?"; "Globe drops Visibility Prepaid Kit price to Php3,500"; "What will happen to Globe Visibility Unlimited?". Each article provides unique insights and information.