Globe revealed it has increased its investments in Fiber to the Home (FTTH), up 189% this year compared to 2019 as the company aggressively brings high-speed and better broadband services to more homes across the country.
For the first half of 2020 alone, Globe’s FTTH capital expenditure was already 755% higher than the same period last year while the allocation for the second half of 2020 is 64% higher than 2019.
The investments have translated to a 158% increase in broadband fiber capacity lines as of end September 2020 versus full year 2019. This is expected to rise further with the continuous rollout of fiber optic networks.
As of August this year, Globe already increased its fiber rollouts by nearly 52% compared to full year 2019. This covered key locations such as Metro Manila, Bulacan, Cavite, Batangas, Cebu, and Davao del Sur.
Together with the optical fiber deployment, Globe is moving its broadband customers to the newer and higher speed network and has migrated 40% of its targeted customers since January this year.
“Data consumption patterns have really shifted to the home. Classrooms have moved online, many offices are still implementing the work-from-home setup, and entertainment is mostly confined inside the house. Because of this, our first priority is to continue to invest in the network because usage is increasing and demand for broadband services is high,” said Darius Delgado, Globe VP and Head of Broadband Business.
The extensive use of digital platforms in the home for various activities requires faster and more stable internet connectivity. The demand can easily be fulfilled by fiber since it can send data faster at much higher bandwidths. This allows faster download or upload of large files, streaming of high-definition videos and webinars, and multiple online programs to run simultaneously, among other benefits. It is delivered on a dedicated line which facilitates a more consistent experience and is less prone to service disruptions.
Globe At Home customers may update their details in the Globe At Home app so they will be informed once fiber is available in their area and can get upgraded for free. The app may be downloaded from Play Store for Android or App Store for iOS.
Rolling out fiber to homes is part of Globe’s massive network expansion and enhancement program which includes the nationwide upgrade of its 3G mobile network to 4G LTE as well as the deployment of 5G in more cities and provinces.
Globe has earmarked P50.3 billion in capital expenditures this year for network improvements. It is in support of the United Nations Sustainable Development Goals, particularly UNSDG No. 9 which highlights the roles of infrastructure and innovation as crucial drivers of economic growth and development. Globe is committed to upholding the 10 United Nations Global Compact principles and 10 UN SDGs.
For more information, visit www.globe.com.ph.