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Globe expands mobile, fiber networks despite lower capex

Published Aug 25, 2024 11:55 pm

Despite a lower capital expenditures budget this year, Globe Telecom reported that it continues to make significant strides in expanding its network infrastructure across the country.

The firm reported that it built 352 cell towers and upgraded 1,942 existing mobile sites to long-term evolution (LTE) technology for the first half of 2024. 

The network buildup aims to enhance Globe’s mobile services and data speeds, providing reliable, life-enabling connectivity to Filipinos.

In addition to mobile network improvements, Globe has 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 capex allocation.

Globe's network expansion efforts extend beyond urban centers. As part of its commitment to bridging the digital divide, Globe has successfully brought connectivity to over 500 geographically isolated and disadvantage areas (GIDAs).

By connecting remote communities, Globe said it enables residents to access vital online services, educational resources, and economic opportunities that were once limited by geographical barriers.

Globe's network expansion strategy has evolved since 2023, with a shift towards optimizing network investments rather than pursuing opportunistic capacity expansion. 

It said this strategic pivot has yielded positive results, allowing the firm to return to sustainable capex levels without compromising network quality or capacity.

The company said its 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.

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