Globe Telecom of the Philippines has announced its intention to spend USD790 million in a network upgrade and IT re-engineering programme as it seeks to strengthen its market position in a highly competitive sector. The announcement marks the telco’s biggest CAPEX in the last 20 years, with work to be carried out in the next two to three years, it said. Globe is looking to bolster its position in the wake of market leader PLDT’s recent acquisition of third-placed Filipino telco Digital Telecommunications Philippines Inc (Digitel). ‘Given the growing demand for bandwidth-heavy services, the modernisation programme will bring significant improvements to network capacity leading to improved reliability, ease of access and pervasive coverage,’ Globe said in a statement.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Have feedback, corrections, or story ideas? Send them to firstname.lastname@example.org.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors