GLOBE TELECOM, INC. said it has expanded its collaboration with Nokia Corp. to make network application programming interfaces (APIs) available to more users and businesses.
The Ayala-led telecommunications company said broader access to network data through APIs could create opportunities for enterprises to make use of advanced network capabilities across sectors similar to banking, healthcare, automotive, and entertainment.
Under the agreement, Globe will gain access to Nokia’s full portfolio of APIs through the Network Exposure Program (NEP), a cloud-native and programmable platform designed to streamline API services and enable interoperability inside network environments.
“With cyberattacks on digital services accelerating, it’s crucial that we make available the most recent network-powered technologies to our enterprise customers and help safeguard against fraud. We at the moment are on the stage of testing how Nokia’s NEP can support our customers within the banking and enterprise sectors,” Globe Vice-President and Head of Globe Business Stella Christine D. Dizon said in a media release on Thursday.
Globe previously partnered with Nokia last 12 months to check the NEP for the event of security-focused applications geared toward addressing mobile banking fraud.
“Nokia’s open API solutions will empower Globe to rapidly develop and deploy recent services, fostering innovation and creating recent revenue streams by securely exposing network capabilities to developers and partners,” Nokia Head of Network Monetization Platform Shkumbin Hamiti said.
Shares in Globe rose P28, or 1.75%, to shut at P1,630 apiece on Thursday. — Ashley Erika O. Jose