By The Manila Times
August 25, 2023
GLOBE Telecom Inc. on Thursday said it constructed 542 new cell sites and upgraded 5,087 mobile sites to LTE nationwide in the first half (H1) amid sustained demand for connectivity.
The Ayala-led telco also deployed about 148,000 fiber-to-the-home lines, albeit lower than in the same period last year, as it continued to optimize its existing fiber inventory.
Globe invested P37.7 billion in capital expenditures during the period, primarily for infrastructure development. The figure is expected to increase to P71.5 billion or $1.3 billion by year-end.
A significant 90 percent of this budget will support the growing data requirements of Filipinos for learning, earning and leisure activities, the telco claimed.
“We employ a targeted way of prioritizing network rollouts and optimizations in areas that matter, hence, we are able to sustain our most reliable network,” Darius Delgado, Globe consumer mobile business head, said.
“We also believe that network reliability — a metric that is difficult to achieve — is more important than just speed because, on a small screen, there’s just so much that higher speeds can deliver in terms of improving the actual perceptible experience,” he added.
“What matters most is that customers benefit from reliable service when and where they need it. Hence, we invest more on reliability versus just speed.”
Globe said its effort had earned it the title of “Most Reliable Mobile Network in the Philippines” from Ookla five times in a row.
The company claimed to have outperformed its competitors, achieving the highest consistency scores since the second quarter of 2022.
Globe Telecom shares rose by P10 to P1,870 on Thursday.