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Globe Telecom looks to digitalisation of Filipinos' lifestyles to drive growth

Much of the recent market enthusiasm for the company appears to have been driven by developments at Mynt, a fintech firm in which Globe has a 40% stake.

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Yong Jun Yuan

Yong Jun Yuan

Published Mon, Nov 1, 2021 · 05:50 AM

    Singapore

    GLOBE Telecom has seen a surge in investor optimism in recent months, with its stock rising by some two-thirds in value between August and September.

    Shares of Globe closed on Friday (Oct 29) at 2,996 pesos each, up 47.6 per cent this year, giving the company a market capitalisation of 400.32 billion pesos (S$10.68 billion).

    ToplineTelcosFintechDigitalisation

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