Globe Telecom targets 10Mbps connections in 2m homes by 2020

19 Sep 2016

Globe Telecom, the Philippines’ second largest telco by subscribers and revenue, has set out its stall to deploy fibre broadband to 20,000 villages across the country, as part of a commitment to reach two million homes with a minimum broadband connection of 10Mbps by 2020. Globe president and CEO Ernest Cu says that with the internet becoming so central to the average family’s daily life, and with industry and business process outsourcing (BPO) so dependent upon high quality connectivity to the rest of the world, his company intends to invest USD500 million to upgrade its broadband networks ‘to enable continuous growth among enterprises in the Philippines’.

Parallel to the accelerated fibre broadband rollout, Mr Cu conformed that efforts to ramp up the deployment of LTE at 700MHz across the country are ongoing. Since the joint purchase of the telco assets owned by San Miguel Corporation (SMC) by Globe Telecom and PLDT in May this year, both companies have been rolling out LTE 700MHz, with Globe’s CEO noting that 250 such cell sites will have been activated in Metro Manila by the end of this month – around 188 of which will be active in the National Capital Region. Globe intends to up this figure to 500 LTE-700 cell sites nationwide by end-2016, serving major business districts and highly populated areas in the country, including Metro Manila, Metro Cebu and Metro Davao.

Philippines, Globe Telecom (incl. Innove)