GLOBE Telecom is allotting the bulk of its $750-million capital expenditure (capex) this year for its nationwide infrastructure program to enhance its Internet capabilities within homes and across businesses in five years.
Between this year and 2020, the telecommunications company will deploy fiber optic cables in 20,000 barangays all over the country to provide faster and more reliable Internet access in about 2 million homes.
The network modernization program was announced by Globe president and chief executive officer Ernest Cu at the “Wonderful World with Globe IX: One Digital Nation” launch at Marriott Hotel in Pasay City last week.
The infrastructure build is expected to take five years and will extend network coverage to more areas that currently have no connection, or have spotty service, he said.
“Data access is currently one of the most important drivers of economic competitiveness and growth. For the Philippines to fully take advantage of new digital opportunities, we need to create an Internet superhighway and provide ultra-fast internet connection that will enable growth in every corner of our country," Cu said.
“We want to make use of technological innovations to make our Internet service experience at par with other countries in the world,” he added.
Cu emphasized that elsewhere in the world, new digital trends such as cloud computing, mobile web services, and e-commerce are already radically changing the digital landscape.
In line with its vision of ushering in a digital nation, the network build will also increase the capacity of its network for both mobile and wirelines using different technologies including 3G, LTE, and even Wi-Fi.
Fiber optics is one of the most important advances in broadband technology, offering the fastest way to access data, providing consumers with higher download and uploads speeds, lower latency, faster internet browsing, including streaming of high-definition multi-media content, among others, the company said.