Later years
In 1995, its original TV station, VHF channel 9 in Zamboanga city was sold to GMA. Its FM station, DXLA-FM 99.5 MHz, and AM station, DXRH-AM 1080 kHz went off the air.
In 2003, a group of broadcast investors led by Global Destiny Cable (now Destiny Cable) then-executive Philip J. Chien acquired the franchise, ownership and management of FUBC. FUBC has reinvented its image and now operates one of the Philippines' Direct-To-Home (DTH) Satellite Networks called G Sat and one of the Philippines' all news channel in cable and now in terrestrial networks called Global News Network, which is currently known as One Media Network.
In 2014, it partnered with Newtec to launch a broadband service called iGSat Satellite Broadband.[4]
In 2018, FUBC merged with Global Broadcasting and Multimedia Inc. into a single entity and changed its name to Global Satellite Technology Services Inc.
On July 30, 2020, Philippine President Rodrigo Duterte signed Republic Act No. 11481 which renewed GSTS's license for another 25 years. The law granted GSTS a franchise to construct, install, operate, and maintain, for commercial purposes, radio broadcasting stations and television stations, including digital television system, with the corresponding facilities such as relay stations, throughout the Philippines.[5]
On June 23, 2021, GSTS inaugurated its own Technical facilities and Earth station at the new First Global Technopark complex in Mabuhay, Carmona, Cavite.[6][7]
In August 2023, Y2H Broadcasting Network Inc., a subsidiary of Yes2Health Inc. took over broadcast operations of GSTS-owned DXLA 99.5 FM in Zamboanga and began its test broadcast as 99.5 XFM Zamboanga. on November 12 of the same year, XFM Zamboanga was officially launched with a motorcade and the station held a grand opening of its studios and offices along Marquez Drive corner Estrada Street, Zamboanga City.[8] On June 29, 2024, a large explosion occurred in Marquez Drive, where XFM studios are based. Reports indicate that there are 5 people dead, and 21 more injured in the forementioned incident, as well as several nearby establishments and houses are also damaged. XFM Zamboanga took off-the-air for the time being for technical adjustments and the safety of its personnel.[9][10][11]
