Globe sets sights on bolstering fixed internet services

30 Jan 2017

Ayala-led Globe Telecom president Ernest L Cu says that having worked to narrow the gap to market leader PLDT Inc. in the cellular segment, his company now intends to focus more resources on its fixed internet services. In a press release, Cu confirmed the initiative saying: ‘as more customers are getting into home entertainment and video streaming services, it has become more imperative for us to expand the reach of our broadband network to provide our customers with a more reliable and robust high speed internet connection.’ PLDT chief executive Manuel V Pangilinan recently admitted that Globe has overtaken his firm in terms of mobile subscribers after years of undisputed dominance, although he suggests the rival’s lead has a lot to do with a recent decision to clean up its database and remove inactive subscribers. Nevertheless, Globe is emboldened by its recent successes and Cu now says the company will roll out 400,000 broadband lines over the next twelve months, providing minimum connection speeds of 10Mbps. The telco also plans to chip away at end user prices which Cu notes have come down by as much as 88% over the past four years.

Philippines, Globe Telecom (incl. Innove)