Globe beats Q1 network modernisation targets

21 Apr 2021

Globe Telecom exceeded its own network upgrade targets in the first three months of this year, building 318 new cell sites in the period, up 152% compared with the 126 deployed in 1Q20, while also installing more than 287,000 high speed broadband lines (up 212%). In its Annual Stockholders’ Meeting on 20 April, the telco confirmed that its mobile network modernisation programme, which covers 4G and 5G deployments, totalled 7,065 sites on-air, up 245% on an annualised basis. It closed out March 2021 with a total of about 10,800 sites.

In fiscal 2021, Globe is allocating PHP70 billion (USD1.45 billion) for capital expenditure, PHP10 billion more than for 2020, the bulk of which will be used for rolling out fibre-to-the-home (FTTH) and widening its 5G footprint. As previously reported by CommsUpdate, last week the Ayala-led operator announced plans to construct a million new FTTH lines this year. Promising to deliver speeds at up to 1Gbps over fibre, the company says it is reaching out to customers still using its legacy copper wire system offering to upgrade them for free, including the supply of a new upgraded modem. Ultimately, Globe’s entire copper network will be upgraded to fibre, it added.

Philippines, Globe Telecom (incl. Innove)