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Globe Telecom Inc is a telecommunications company that provides mobile, voice, and broadband services. Its operating segments are Mobile Business, Fixed Line, and Broadband Business. Mobile involves traditional mobile services and contributes the majority of company revenue. Within the mobile division, the majority of subscribers are considered prepaid customers. The other division, fixed-line and broadband, provides fixed-line voice services, corporate data, and Internet for its customers. The company generates the vast majority of its revenue in the Philippines.

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Nokia partners with Globe Telecom for enhanced security via network APIs. NEP platform will help with control and security, and follows GSMA standard.

Nokia Partners with Globe Telecom To Tackle Fraud In Banking With Secure APIs

Globe Telecom Inc

Globe Telecom

Nokia Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) partnered with Globe Telecom, Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GTMEF#OTC">GTMEF</a>) to offer enhanced security for banks and other enterprises using <a target="_blank" href="https://www.nokia.com/about-us/news/releases/2025/02/24/globe-telecom-nokia-collaborate-on-network-apis-to-provide-banks-with-enhanced-security-mwc25/" rel="noreferrer noopener">network </a>Application Programming Interfaces (APIs).



Globe Telecom, which is one of the Philippines&#8217; largest telecommunications operators, already employs several Nokia solutions, such as 5G RAN, and is now testing Nokia&#8217;s Network Exposure Platform.



This platform aims to expand and simplify the APIs available to the operator and its enterprise partners, enabling the development of security-focused applications.



Shkumbin Hamiti, Head of Network Monetization Platform, Cloud and Network Services at Nokia, stated, &#8220;Nokia NEP will help Globe Telecom organize, control, and secure the way its network is integrated into developer ecosystems and platforms, ensuring choice, flexibility, and security in creating new application use cases.&#8221;



Joel Agustin, Globe&#8217;s Head of Service Planning and Engineering, said, &#8220;With cyberattacks on banking services accelerating, it is crucial that we make available the latest network-powered technologies to our enterprise customers and help them safeguard against fraud.&#8221;



&#8220;We are now at the stage of testing how Nokia&#8217;s NEP can support our customers in the banking and enterprise sectors with security verification means to prevent fraudulent transactions.&#8221;



Read: <a target="_blank" href="https://www.benzinga.com/25/02/43587471/nokia-taps-intels-ai-head-as-new-ceo-details" rel="noreferrer noopener">Nokia Taps Intel&#8217;s AI Executive As New CEO &#8211; Details</a>



Notably, Nokia&#8217;s Network Exposure Platform (NEP) follows the GSMA Operator Platform standard, offering a unified approach to expose operator capabilities to developers.



Globe Telecom and Nokia contribute to the GSMA Open Gateway and Linux Foundation&#8217;s CAMARA initiatives to standardize operator APIs globally.



Since its 2023 launch, Nokia&#8217;s platform has expanded to 48 partners, including BT, Orange, Telefonica, and Telecom Argentin and also collaborated with hyperscalers like Google Cloud, CPaaS providers like Infobip, and system integrators such as Global Logic, further strengthening its API ecosystem through the acquisition of Rapid.



Last month, Nokia reported&nbsp;fiscal fourth-quarter net sales growth of 10% year-on-year to 5.98 billion euros ($6.39 billion), beating the&nbsp;consensus estimate of $6.17 billion and comparable EPS was 19 cents (0.15 euros), exceeded the&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/25/01/43336863/nokia-q4-earnings-beats-estimates-strong-growth-network-cloud-boosts-profitability" rel="noreferrer noopener">consensus estimate of 13 cents</a>.&nbsp;



Investors can gain exposure to NOK stock via&nbsp;iShares U.S. Digital Infrastructure and Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDGT#NYSE">IDGT</a>) and&nbsp;Hartford Multifactor Developed Markets (ex-US) ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RODM#NYSE">RODM</a>).



Price Action: NOK shares are up 1.21% at $5.00 premarket at the last check Monday.



Read Next:



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<li><a href="https://www.benzinga.com/news/contracts/25/01/43232734/nokia-scores-trio-of-global-deals-enhancing-network-security-and-high-capacity-routing" target="_blank" rel="noreferrer noopener">Nokia Scores Trio Of Global Deals, Enhancing Network Security And High-Capacity Routing</a></li>
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Photo via Shutterstock.

Memorandum of Understanding Would Explore Opportunities to Extend AST SpaceMobile&#39;s Planned Coverage to Globe Telecom Customers

MIDLAND, Texas--(BUSINESS WIRE)-- <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fast-science.com%2Fspacemobile%2F&amp;esheet=52700691&amp;newsitemid=20220428005725&amp;lan=en-US&amp;anchor=AST+SpaceMobile%2C+Inc.&amp;index=1&amp;md5=81908f914a3c2c9fb13ce354d4ce795a">AST SpaceMobile, Inc.</a> (&quot;AST SpaceMobile&quot;) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>), the company building the first and only space-based cellular broadband network designed to be accessible directly by standard mobile phones, today announced a Memorandum of Understanding (&quot;MoU&quot;) with <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.globe.com.ph%2F&amp;esheet=52700691&amp;newsitemid=20220428005725&amp;lan=en-US&amp;anchor=Globe+Telecom%2C+Inc.&amp;index=2&amp;md5=43b55bf8ba95fd823f95ac10f87418cf">Globe Telecom, Inc.</a> (&quot;Globe&quot;) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTMEF#NASDAQ">GTMEF</a>).

This press release features multimedia. View the full release here: <a href="https://www.businesswire.com/news/home/20220428005725/en/">https://www.businesswire.com/news/home/20220428005725/en/</a>

<img alt="(Photo: Business Wire)" src="https://mms.businesswire.com/media/20220428005725/en/1436503/4/Globe.jpg" />

(Photo: Business Wire)

Globe is a leading digital platform in the Philippines, serving consumers and businesses&rsquo; telecommunications and technology needs, including about 86 million wireless subscribers.

&quot;The Philippines&rsquo; thousands of islands create formidable challenges to meet a growing demand for cellular broadband connectivity,&quot; said Chris Ivory, Chief Commercial Officer of AST SpaceMobile. &ldquo;We believe our planned space-based network solution is well-suited to help, and we&rsquo;re excited to work with Globe.&rdquo;

Once launched, AST SpaceMobile would aim to provide Globe with expanded coverage and reach to remote and underserved areas.

&ldquo;Globe has always been a pioneer in bringing first-to-market digital solutions to empower Filipinos. This collaboration is another step in Globe&#39;s continuing initiatives to provide digital connectivity to remote rural communities as part of its commitment to the United Nations Sustainable Development Goals. It is our mission to enable inclusive economic growth and provide quality education and e-health even in remote and still unconnected rural communities,&quot; said Gerhard Tan, Globe&rsquo;s Network Strategy and Technology Enablement Director.

AST SpaceMobile has entered into agreements and understandings with mobile network operators which collectively service over 1.8 million cellular customers.

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