GlobeTel Singapore Pte. Ltd., a wholly-owned unit of Globe Telecom, has secured a facilities-based operations license to provide international cable and other telecommunications services in the city-state.
GlobeTel Singapore is a wholly-owned subsidiary of GTI Business Holdings Inc. which is in turn a wholly-owned subsidiary of Globe.
Globe said in a statement GlobeTel Singapore’s offer to provide international cable services would help strengthen connectivity between Singapore and the Philippines and provide support for businesses operating in the two countries.
Service offers by GlobeTel Singapore will also provide alternate and redundant cable paths from Singapore to Hong Kong and Japan transiting the Philippines, further strengthening connectivity within the region, it said.
Globe Telecom said the expansion of its operation in Singapore was in line with the company’s goal to develop other growth areas within the Asean to complement relatively strong economic growth within the region.
The Asean Economic Community sets in motion this year the creation of single market and production base for the 10-nation bloc, fostering free flow of goods, services, skilled labor, investments and capital.
