Globe continues to make significant strides in expanding its network infrastructure across the country, building 352 cell towers and upgrading 1,942 existing mobile sites to LTE technology for the first half of 2024. The network buildup aims to enhance Globe’s mobile services and data speeds to provide reliable life-enabling connectivity to Filipinos.
In addition to mobile network improvements, Globe has made notable advancements in its fiber infrastructure. The company deployed 39,880 fiber-to-the-home (FTTH) lines from January to June this year, further expanding its high-speed fiber internet coverage.
This year's rollout is strategically planned to maximize the utilization of Globe’s existing fiber inventory, aligning with its reduced cash Capital Expenditure (Capex) allocation.
Globe's network expansion efforts extend beyond urban centers, having successfully brought connectivity to over 500 Geographically Isolated and Disadvantaged Areas (GIDAs) as part of its commitment to bridging the digital divide.
By connecting remote communities, Globe enables residents to access vital online services, educational resources, and economic opportunities that were once limited by geographical barriers.
Joel Agustin, Head of Service Planning and Engineering of Globe, emphasized the company's dedication to inclusive connectivity: "We believe that every Filipino deserves access to reliable communication services. We’re here to empower them with the tools they need to thrive in a digital world.”
Globe's network expansion strategy has evolved since 2023, with a shift towards optimizing network investments rather than pursuing opportunistic capacity expansion. This strategic pivot has yielded positive results, allowing the mobile leader to return to sustainable Capex levels without compromising network quality or capacity.
The company's efforts align with its mission to improve the country's digital infrastructure and support the government's initiatives to enhance nationwide connectivity and improve quality of life.
Public Company Information:
PSE: GLO
