Globe’s USD3bn power feed equipment to benefit Davao’s BPO industry

The multibillion-dollar power feed equipment (PFE) that Globe Telecom built in Davao City will greatly benefit the city’s business process outsourcing (BPO) industry and open more opportunities to locals. This was the pronouncement of Davao City Vice Mayor Paolo Duterte, who thanked Globe for investing in the city. The PFE of Globe Telecom boasts of having a Southeast Asia-United States Cable System, which is the first actual submarine cable with international capacity. Globe Telecom officials said the firm spent some P3bn capital investment for the facility, which opened on 10 August. Globe president and CEO Ernest Cub said the PFE will be operation after six months.