Globe Plans on Spending P56 Billion to Provide Faster Internet

Ah… Internet speed. I’m sure everybody can relate when I say that this is a dream I have long longed for here in the Philippines. Well, Globe Telecom Inc. aims to provide that.

Apparently, Globe plans on spending P56 billion this 2021 to boost its data network with hopes of providing first-world Internet connectivity to Filipinos. To do this, they plan on building 2,000 towers and 1 million fiber-to-the-home lines this 2021.

Photo by Lilly Rum on Unsplash

Globe President and CEO Ernest Cu says: “Aside from speed, for me, the vision has to be for the consumers to have access to the digital cases that they all deserve. In this particular case in the Philippines, it’s mostly social media, messaging, video streaming, and music. That’s been happening.”

Cu points out that the challenge lies at home. “The Philippines, as you know, has been behind in rolling out fiber because we all prioritized the mobile side. So expect continuous improvements as more fiber gets into the ground or into the poles and more fiber connectivity reaches homes in the Philippines.” This is great news for those who work and study at home and need a faster and more reliable Internet connection.

Due to the pandemic, Globe’s home broadband subscribers reached 3.8 million at the end of 2020 – a whole 88% higher than their subscribers in 2019. Their home prepaid WiFi data traffic also rose by 373% compared to the previous year.

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