Globe Telecom wins Philippine approval for Starlink direct-to-phone service

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Summary · why it matters

Globe Telecom has secured regulatory approval to commercially launch Starlink’s direct-to-mobile satellite service in the Philippines, becoming the first carrier in the country to do so. The National Telecommunications Commission cleared the launch as part of efforts to close the digital divide, with the service priced at 99 pesos for prepaid users and included at no extra charge on higher-tier postpaid plans. Globe tested the technology on more than 150,000 users after a magnitude 7.8 earthquake in June, using it as a backup when terrestrial towers failed. The approval marks a significant step for SpaceX’s Starlink, which has crossed 10 million subscribers and targets 25 million by December, as it expands in markets with thin rural coverage like the Philippines, where roughly 4 percent of people live outside any mobile signal.

Impact on stocks 4

Space Economy± Mixed · 2 stocks
Ast Spacemobile Inc
ASTS
▼ NegativeCompetitionrelevance

Starlink's direct-to-phone service approval in Philippines competes with AST SpaceMobile's similar offering

Cloud & Digital Infrastructure▲ · 2 stocks

Theme Impact 2

Off-coverage companies 1

Globe Telecom, Inc.Private▲ Positive
Regulationrelevance

Globe Telecom wins regulatory approval to launch Starlink direct-to-phone service, becoming first carrier in Philippines

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