STOCK TITAN

Globe unlocks new digital frontiers with GSMA's Open Gateway

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Globe, a leading telecom and digital solutions provider in the Philippines, has signed a Memorandum of Understanding (MOU) with the GSM Association (GSMA) to enhance the interoperability and delivery of mobile services globally. This partnership grants Globe access to the GSMA Open Gateway, an API facility enabling rapid service deployment through a common set of APIs. This collaboration will drive digital innovation and significantly leverage 5G networks' full potential. The initiative involves 40 mobile network operators and includes eight network APIs that enhance security, authentication, and real-time connectivity. Globe aims to use these APIs across various sectors, including eHealth, agritech, education, entertainment, and transportation, to improve user experiences and generate new revenue streams. This strategic move aligns with Globe's mission to solve customer issues at scale and optimize its 5G network for IoT and other advanced services.

Positive
  • Signing of MOU with GSMA to enhance global service interoperability.
  • Access to GSMA Open Gateway APIs for rapid service deployment.
  • Integration with 40 mobile network operators.
  • Potential to unlock 5G network capabilities.
  • Opportunities for new revenue streams through API usage in various sectors.
Negative
  • None.

MANILA, Philippines, June 25, 2024 /PRNewswire/ -- Globe, a leading telco and digital solutions platform in the Philippines, has taken a significant step forward in accelerating digital innovation.  The mobile leader signed a Memorandum of Understanding (MOU) with the GSM Association (GSMA) to improve the interoperability and delivery of mobile services across different networks worldwide through collaboration and standardization.

This strategic partnership grants Globe access to the GSMA Open Gateway, an Applications Programming Interface (API)  facility that represents a significant shift in how the telecom industry designs and delivers services within an API-driven economy.

By utilizing a common set of open source APIs that can be reused for different purposes, developers and cloud providers could gain access to operator networks via single points of entry or access, enabling rapid service deployment across the world's largest connectivity platform. In addition, GSMA's Open Gateway unlocks the full potential of 5G networks, allowing developers to create relevant and transformative services that can leverage on our  network's 5G capacity and security.

"Today marks a milestone for Globe as we embrace the GSMA Open Gateway initiative, teaming up with 40 mobile network operators to develop Mobile Network Open APIs," said Ernest L. Cu, President and CEO of Globe during the recent MOU signing attended by Julian M. Gorman, GSMA Asia Pacific Head.

"This groundbreaking effort allows real-time access and interconnection with the Globe network via open global APIs, opening up numerous opportunities for delivering more value to our customers and generating new revenue streams," he added.

Welcoming Globe to the initiative, Gorman, said: "It's great news that Globe Telecom and the mobile industry in the Philippines are getting behind our global GSMA Open Gateway initiative. By doing so, they're helping developers gain universal access to operator networks both within the country and around the world through a set of common APIs. This will help drive the mobile economy and the launch of new services that deliver better customer experiences, combat fraud and unleash new functionality in 5G networks. We welcome Globe Telecom to this innovative new programme." 

GSMA's Open Gateway launched with eight network APIs - SIM Swap API, Quality on Demand API, Device Status API, Number Verification API, Simple Edge Discovery API, One Time Password (SMS) API, Carrier Billing – Check Out API, and Device Location API. These APIs enable a wide range of capabilities, from enhancing security and fraud prevention to facilitating secure authentication and enabling location-based services.

Globe recognizes the vast potential of these common APIs in eHealth, agritech, emergency services,  carbon accounting, and the Internet-of-Things (IoT) among other sectors. Open APIs can also benefit industries such as education through the integration of mobile learning platforms into school curricula; entertainment, by providing personalized content recommendations and interactive features to enhance user experience; secure eCommerce and transportation via improved traffic management systems and real-time updates on public transportation schedules.

"Leveraging open APIs across various sectors will help us significantly scale our ICT portfolio, even as we pursue our mission to solve our customers' pain points at scale. Enabling seamless integration and innovation will significantly help API development and improve user experiences," said Cu.

Open Gateway will also allow Globe to optimize its 5G network, including its use for Internet of Things (IoT) and deliver exceptional services for both its individual and business customers.

As Globe continues to thrive through strategic partnerships, the company is proud to join GSMA's initiative, aligning with its purpose of uplifting lives through technology.

"We are incredibly grateful to GSMA for providing an opportunity for mobile network operators to explore and unlock the potential of Open APIs and 5G technology.  GSMA's vision and initiative have paved the way for groundbreaking solutions across multiple industries, enhancing how we live and work. We look forward to continued collaboration, driving innovation and delivering transformative solutions to our customers," concluded Cu.

To learn more about Globe, visit www.globe.com.ph.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/globe-unlocks-new-digital-frontiers-with-gsmas-open-gateway-302181541.html

SOURCE Globe Telecom, Inc.

FAQ

What is the significance of Globe's partnership with GSMA?

The partnership grants Globe access to GSMA's Open Gateway APIs, enhancing global service interoperability and allowing rapid deployment of innovative services.

How will Globe benefit from the GSMA Open Gateway initiative?

Globe will leverage common APIs to improve service delivery, enhance 5G network capabilities, and generate new revenue streams across various sectors.

What are the key features of the GSMA Open Gateway?

The GSMA Open Gateway includes eight network APIs for capabilities like security, authentication, and real-time connectivity, benefiting multiple industries.

How does Globe plan to utilize the new APIs?

Globe plans to use the APIs in sectors such as eHealth, agritech, education, entertainment, and transportation to improve user experiences and services.

What impact will this partnership have on Globe's 5G network?

The partnership will optimize Globe's 5G network, enhancing IoT and other advanced services, thus improving overall service quality and customer satisfaction.

GLOBE TELECOM UNSP/ADR

OTC:GTMEY

GTMEY Rankings

GTMEY Latest News

GTMEY Stock Data

6.01B
31.08M
Telecom Services
Communication Services
Link
United States of America
Taguig City