Maori Trust borrows NZD2.6m to maintain 2degrees stake

The Philippines’ second largest telecoms operator by revenue and subscribers, Globe Telecom, has reported consolidated net profit of PHP7.99 billion (USD187 million) for the period January-September 2011, up 7% on the PHP7.45 billion figure reported in the corresponding period a year earlier. The telco attributed the strong performance to high revenue growth from its mobile and broadband operations. [More]

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