MANILA - #GlobeTelecom on Friday said it signed $750 million deals with technology partners #Huawei, #Nokia, and #Wuhan during President Rodrigo Duterte's China visit. Globe signed five-year deals with technology partners to accelerate its use of new LTE technologies, the company said. The telecommunications firm earlier said it would increase its capital expenditure this year by $300 million to speed up its mobile internet expansion. Globe's budget for this year to upgrade 3G, LTE and Wi-Fi facilities will reach around $1 billion. Globe shares were down 0.42 percent to 1,892.00 on Friday.
http://news.abs-cbn.com/business/10/21/16/globe-signs-750-m-deals-with-huawei-nokia-wuhan-in-china
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