After Pangilinan's remark, Globe's Cu says 'it's not all about speed'

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After Pangilinan's remark, Globe's Cu says 'it's not all about speed'
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Globe Telecom CEO Ernest Cu cautions against making 'sweeping statements' as both Globe and PLDT compete with Converge, an all-fiber company.

After PLDT president and CEO Manny Pangilinan said that competitors"pull down" the Philippines' internet ranking, Globe Telecom CEO Ernest Cu responded that"it's not all about speed."

"It would be very difficult to say they would pull the speeds down when on average, the speed of an all-fiber network will be faster than a hybrid network that PLDT and Globe have," Cu added. According to Ookla's global speed ranking for March, the Philippines ranked 81st for fixed broadband and 86th for mobile, with average speeds of 46.25 Mbps and 25.43 Mbps, respectively.

"As Joel [Agustin] mentioned, Netflix has mentioned us a few times for having a better video experience. In some areas, we have better availability and better consistency experience," Cu said.In April, independent mobile analytics firmrecognized PLDT wireless arm Smart Communications' leadership in 4G coverage, speed, and experience. Smart beat rival Globe Telecom in those areas from January to March, according to OpenSignal's monitoring.

In March, Globe said Ookla data showed that it improved the"most" in terms of mobile download speed, by being 22% faster at 16.44 Mbps in the 4th quarter of 2020 from 2019's 13.5 Mbps.From January to March, Globe showed signs of recovery as revenues continue to be driven by the growth in mobile data and home broadband segments.

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