TY  - BOOK
AU  - Abenoja, Jona Mae, Borja, Ashley, Cerillo, Marcella Lyn, Dizon, Angeline, Fajardo, Micaela Lauren, Gadia, Aila, Lim, Amalia Lindsay, Lopez, Morella, Luizon, Julia Isabel, Saquilayan, Zyra Anne, Toledo, John Kenneth, Villegas, Lui Rey.
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SN  - 2
PY  - 2023///.46
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KW  - 2
KW  - 0
KW  - 6
KW  - 20
N1  - Financial Plan: (BSBA major in Financial Management) - Pamantasan ng Lungsod ng Maynila, 2023; 5
N2  - Introduction  Globe Telecom, Inc., commonly known as Globe, is a telecommunications company in the Philippines. It was originally incorporated on January 16, 1935, as Globe Wireless Limited and later changed its name to Globe Telecom, Inc. in 1992. Globe offers diverse services, including mobile and fixed-line telephony, broadband internet, and digital solutions. Globe Telecom is owned by Asiacom Philippines (52.36%), Singapore Telecom International (20.69%), and Ayala Corporation (14.62 % ) . And as of 2020, Globe Telecom has over 8,000 employees. (Globe Telecom, 2020). Moreover, last 2002 Globe Telecom was granted a permanent license by the National Telecommunications Commission (NTC) to operate its cellular mobile telephone service (CMTS), local exchange telephone service (LEC), and international gateway facilities (IGF) for the next 25 years. (NTC grants Globe, 2002)   Globe Telecom has garnered notable recognition over the years, showcasing its steadfast commitment to advancing its offerings for the benefit of clients and stakeholders. In 2017, the company distinguished itself as the sole telecom honored as a Top Ten Awardee at the Philippine Stock Exchange (PSE) Bell Awards for Excellence in Corporate Governance. Additionally, in 2019, The Asset Corporate Awards further acknowledged Globe Telecom with the Asset Platinum Award, lauding its excellence in Corporate Governance, Social Impact, and Environment. Furthermore, Globe Telecom emerged as a finalist for the 2022 Gold Standard Awards in the category of Best in Reporting and Accountability. Armed with these recognitions, Globe Telecom is committed to staying ahead in the industry and continuing its dedication to delivering high-quality telecommunications services to all Filipinos. The focus is on innovation, partnerships, and contributing to the growth and empowerment of individuals and businesses.  However, despite the numerous awards and recognition Globe has received, the company has been consistently challenged by solvency issues throughout the years. The struggle revolves around the difficulty of sustaining an ideal solvency level, accompanied by evident issues in maintaining a balance between debt and shareholders' equity. The main objective of this paper is to detail and expand upon strategic action plans crafted to successfully address the solvency challenges identified within the entity
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