Globe Telecom is allotting the bulk of its US$750 million capex this year to deploy fibre optic cables in 20,000 barangays in the Philippines.
This nationwide infrastructure programme aims to provide faster and more reliable Internet service in about 2 million homes all over the country. The infrastructure is expected to be completed by 2020 and will extend network coverage to areas that do not have Internet connection or with spotty service.
According to Globe President & CEO Ernest Cu: "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. We want to make use of technological innovations to make Internet service experience at par with other countries in the world."
In addition, the new network will increase the capacity of its networks for both mobile and wirelines by using different technologies such as 3G, LTE, and even Wi-Fi. Old copper wires will also be replaced by fibre optics.
Unlike Globe's previous network modernisation programme, Cu said the new network will also depend on other stakeholders like cooperation with local government units (LGUs) and homeowner's associations to make it pervasive as possible.
"This is not just about the business of connectivity. This is also giving everyone the opportunity to create their own business and experience growth as a result of connectivity. We have come to that point where we could all come together and make use of connectivity to benefit as many Filipinos as possible," he said.
Sign up for CIO Asia eNewsletters.