On May 28, 2013, entertainment and media conglomerate ABS-CBN and wireless telecommunications giant Globe Telecom signed a historic network-sharing agreement which allows the two companies to share assets such as frequencies, switches, servers, and transmitters and allows ABS-CBN to offer its own prepaid and postpaid SMS, voice, and data services to its own targeted market. ABS-CBN will then pay Globe based on the amount of bandwidth used and for other technical and support expenses. Also part of the deal was the sale of Lopez Holding's Bayan Telecommunications to Globe through a debt purchase agreement. The National Telecommunications Commission approved the deal on June 8, 2013. ABS-CBN Corporation on the other hand has announced that it would invest 2 to 3 billion pesos in the next two years to the said service. The mobile network service was supposed to be launched in early September but it was postponed due to operational issues. On November 16, 2013 during the "Tulong Na, Tabang Na, Tayo Na"benefit concert of ABS-CBN for the Typhoon Haiyan victims at the Smart Araneta Coliseum, the service was officially launched to the public. Actor Piolo Pascual stated that the first 100 thousand sim cards were sent to the survivors of the said typhoon in the Visayas region for free to help restore communications among the members of the family. On November 18, 2013, a television advertisement featuring Kim Chiu, Piolo Pascual, Enrique Gil and John Lloyd Cruz was officially previewed. On December 11, 2013, the first ABS-CBNmobile store and service center opened at the ground floor level of ELJ Communications Center. ABS-CBN Corporation chairman Eugenio Lopez III and its president and CEO Charo Santos-Concio was present during the opening along with celebrity endorsers Julia Montes and Erich Gonzales. ABS-CBNmobile has partnered with smartphone brands CloudFone, Huawei, and 0+ USA for smartphone packages with pre-installed ABS-CBNmobile sim card, mobile apps, and a limited trial period of the ABS-CBNmobile services. ABS-CBNmobile also partnered with KakaoTalk for free online messaging as well as to Viber, Line, WeChat, and WhatsApp for paid online messaging. ABS-CBNmobile also partnered with SM Supermalls, Walter Mart Philippines, 7-Eleven Philippines, Mini Stop Philippines, Vmobile, Telepreneur, Corp., ULoad, and Load Central for the expansion of ABS-CBNmobile sim cards, prepaid load cards, and postpaid payment centers. On December 1, 2016 ABS-CBNmobile launched their own 4G LTE service. As of 2016, ABS-CBNmobile has a subscriber base of 904,000 bringing its losses to 600 million pesos down from 700 million pesos a year ago. On July 16, 2018, ABS-CBN and Globe Telecom announced that it will not renew their network-sharing agreement after assessing its mobile business model as financially unsustainable, making ABS-CBNmobile shut down during the year. The two companies will remain committed for partnership for content sharing using its existing resources. And it was officially posted on their website and social media accounts on October 16, 2018, the shutdown of the mobile network-sharing agreement and services until November 30, 2018 at 11:59 PM. From December 1, 2018 onwards, it was officially discontinued of all services and the network signal from Globe will be permanently deactivated until further notice. Meanwhile, all ABS-CBN mobile prepaid SIM subscribers can claim a new free SIM with 2GB of data and access to KBO online in selected Smart partner outlets. The qualified subsidy as all ABS-CBN mobile prepaid subscribers with active SIM and receive an SIM swap message from ABS-CBN mobile.